The combined nominal value of quarterly delivery of BTC and ETH options exceeds US$15.1 billion due

According to Adam, a macro analyst at Greeks.live, today is the quarterly option delivery date, and Bitcoin (BTC) and Ethereum (ETH) options expire on a large scale. The number of BTC options expiring is 68,000, with a nominal value of approximately US$13 billion, the maximum pain point is US$74,000, and the put/call ratio (PCR) is 0.56; the number of ETH options expiring is 370,000, with a nominal value of approximately US$2.12 billion, and the maximum pain point is US$2,250, and the PCR is also 0.56. About 36% of options on Bitcoin and Ethereum expire, and a large number of options were moved this week, with more than 40% of total options held at the peak. Moreover, because it is a large delivery day, the call ratio is very high, and the PCR is only 0.56.