PANews reported on February 28 that according to Greeks.live data, 59,000 BTC and 529,000 ETH options will expire today, with a total nominal value of US$5.78 billion.
• BTC Options: Put Call Ratio is 0.7, maximum pain point is $96,000, and the total notional value is $4.66 billion.
• ETH options: Put Call Ratio is 0.52, maximum pain point is $3,000, and the total notional value is $1.12 billion.
The market was affected by the plunge of US stocks and multiple safety accidents. The mainstream currencies fell sharply. BTC's short-term implied volatility (IV) soared to 90%, and ETH even exceeded 100%. Institutions previously predicted that the market would lack funds and hot spots in February. Option tycoons continued to sell short- and medium-term call options, and the current market panic continued to spread.
