Bitcoin And Ethereum Options Expiry Analysis

According to BlockBeats, on October 18, Greeks.live researcher Adam shared insights on social media regarding the upcoming expiry of Bitcoin (BTC) and Ethereum (ETH) options. A total of 11,000 BTC options are set to expire, with a Put Call Ratio of 0.78 and a maximum pain point of $64,000. The nominal value of these options is $1.26 billion. Meanwhile, 138,000 ETH options are also due to expire, with a Put Call Ratio of 0.61 and a maximum pain point of $2,500. The nominal value of these ETH options stands at $360 million. Bitcoin has shown a significant rebound this week, whereas Ethereum's recovery has been relatively weaker. The open interest for Ethereum options expiring this week is less than 30% of that for Bitcoin. In terms of implied volatility, at-the-money ETH options expiring in about a month have an implied volatility only 4% higher than BTC options, and this figure continues to decline.