The delivery volume of BTC and ETH options continues to decline, and institutional expectations remain neutral.

Gate News bot message, Greekslive data shows that 25,000 BTC Options are about to expire, with a Put Call Ratio of 1.22, and the maximum pain point at $104,000, with a notional value of $2.81 billion. At the same time, 202,000 ETH Options will also expire, with a Put Call Ratio of 1.26, a maximum pain point of $2,450, and a notional value of $570 million.

This week, the short to medium-term RV of Bitcoin rose to over 45%, with IV remaining at 45%. The VRP across various maturities is showing a downward trend. Currently, the options delivery volume accounts for less than 8% of the total open interest, and this ratio continues to decrease, reflecting a muted response from crypto institutions to Bitcoin's new highs, maintaining a neutral outlook on future market expectations.

Source of information: Wu Shuo

BTC-2.18%
ETH-1.92%
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Last edited on 2025-05-23 08:07:28
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