PANews reported on June 27 that according to data from Greeks.live analyst Adam, a total of 139,000 BTC options expired on June 27, with a Put Call Ratio of 0.75, a maximum pain point of $102,000, and a notional value of $15 billion. 939,000 ETH options expired, with a Put Call Ratio of 0.52, a maximum pain point of $2,200, and a notional value of $2.29 billion.
The analyst said that today is the mid-year quarterly delivery, with over $17 billion in options delivered, accounting for more than 30% of the current total positions. Because a large number of options expire, there have been a lot of large bullish transactions in the past two days, and $1.4 billion of public bullish transactions have been traded in the past 24 hours, almost all of which are transfers. From the main options data, in terms of implied volatility, BTC's IV is still hovering at a low level, and the medium- and short-term IV is generally below 35%. ETH's IV has fallen slightly, but it is still as high as nearly 65%. The recent 30% IV difference has continued for several days, and there is a large space for volatility cross-currency strategy operations.
