TechFlow reported, according to Greekslive monitoring, BTC options contracts with a notional value exceeding $1.46 billion and ETH options contracts worth $390 million will expire on November 3, including:
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42,000 BTC options expiring, Put Call Ratio at 0.58, maximum pain point at $30,000, with a notional value of $1.46 billion.
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220,000 ETH options expiring, Put Call Ratio at 0.55, maximum pain point at $1,700, with a notional value of $390 million.
This week, BTC has once again surged toward $36,000, driving implied volatility (IV) across all maturities higher. Current IV levels for major tenors have reached their highest since March. The maximum pain point is gradually approaching the upcoming options expiry price, reflecting a clear improvement in market sentiment.
