Options worth 11 billion US dollars will expire and be settled today
Data shows that 178,000 BTC options are about to expire, with a Put Call Ratio of 0.67, the biggest pain point being $33,000 and a nominal value of $7.59 billion. 1.49 million ETH options are about to expire, with a Put Call Ratio of 0.51, the biggest pain point being $1900 and a nominal value of $3.47 billion. Greeks.Live states that today is the annual big delivery day with a total of $11 billion in options due for settlement which is higher than last year's total holdings on the big delivery day at $9.8 billion and more than double the annual delivery volume at that time. At the end of each year, the market always enters into low volatility period but because an ETF is expected to be launched in January next year, overall IV levels are not considered too low currently.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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