PANews reported on May 15th that, according to Greeks.live, options settlement data for May 15th showed: 25,000 BTC options expired with a put-call ratio of 0.59, a maximum price threshold of $80,000, and a notional value of $2 billion; 274,000 ETH options expired with a put-call ratio of 0.4, a maximum price threshold of $2,300, and a notional value of $620 million.

Analysis suggests that Bitcoin fluctuated around $80,000 this week, with clear support and a relatively quiet trading period. Market attention was low, with only 6% of BTC options expiring this week, compared to 11% for ETH. Both major term options and short-term RVs (Recovery Values) declined slightly compared to last week, while VRPs (Volume Recovery Values) increased. Bitcoin's major term IV (Impact Value) was around 35%, and ETH's was around 50%, with short-term IVs likely to be lower. Looking at major options data, Skew saw a slight overall decline, with very little volatility over the past month, indicating a neutral market sentiment. Options activity was extremely low this week, with approximately 20% open interest at the end of May and approximately 30% at the end of June. Bitcoin performed well in both price and popularity in the second quarter of this year, with favorable legal and policy conditions, coupled with an improved macroeconomic environment, resulting in lower-than-expected overall market enthusiasm. Given this long-term positive backdrop, Bitcoin remains a primary trading instrument, making it reasonable to invest in some medium- to long-term options.