On September 19, 29,000 BTC options and 178,000 ETH options expired

According to Shenzhen Chao TechFlow, on September 19, Greeks.live macro researcher Adam said that 29,000 BTC options (worth $3.4 billion) and 178,000 ETH options (worth $810 million) will expire today. The BTC option Put Call Ratio is 1.35, with the maximum pain point at $115,000; the ETH option Put Call Ratio is 1, with the maximum pain point at $4,500. The market volatility overall fell, BTC's medium and short-term IV fell below 30%, and ETH's main term IV fell below 60%. This month, the proportion of put options trading increased, and the market risk aversion sentiment was obvious. As the third quarter delivery month, due to factors such as institutional extension and settlement, the options market lacks confidence in the September market.