BTC and ETH options with a nominal value of 2.18 billion US dollars will expire and be delivered today, and the market quickly became fully long

Comparative news, according to Greeks.live data, 24,000 BTC options will expire today. The Put Call Ratio is 0.84, the biggest pain point is $67,000, and the nominal value is $1.82 billion.

Additionally, 149,000 ETH options will expire and be delivered today. The Put Call Ratio is 0.84, the biggest pain point is $2,000, and the nominal value is $360 million.

Greeks.live analyst Adam said that Bitcoin has risen sharply this week and has broken through 76,000 US dollars, breaking through the two sideways price zones this year. It is one of the few delivery days this year where the delivery price is greater than the biggest pain point. The monthly volatility of RV surged 20% to 53%, and monthly IV rose by only 6%. Currently, VRP has declined sharply.

Judging from other major options data, 6% of the options expired this week. Positions rebounded but remained low, and the popularity of transactions increased sharply. The rate of increase and popularity are rising too fast, causing Gex in the bullish direction to be very scattered, and Gex in the downward direction is almost negligible, and the market is in an all-round long state.