TechFlow reported, according to Greekslive monitoring, BTC options contracts with a notional value exceeding $640 million and ETH options contracts worth $320 million are set to expire on October 20, including:
23,000 BTC and 210,000 ETH options are about to expire
BTC options contracts with a notional value exceeding $640 million and ETH options contracts worth $320 million are set to expire on October 20. Specifically, 23,000 BTC options contracts are expiring, with a Put/Call Ratio of 0.82 and a max pain point at $28,000, representing $640 million in notional value. For ETH, 210,000 options contracts are expiring, with a Put/Call Ratio of 0.84 and a max pain point at $1,600, amounting to $320 million in notional value. Greekslive noted that BTC continues to lead the market. The total notional value of options open interest this week remains flat compared to last week, but the proportion of BTC puts has clearly declined, indicating significantly improved market sentiment. Particularly over the past two days, large whales have started increasing positions in longer-dated call options, signaling a clear recovery in the options market. Implied volatilities (IVs) across major maturities remain at historical lows, a condition that has persisted for an entire quarter.
