Bitcoin and Ethereum Options with a Notional Value of $21.8 Billion Set to Expire on March 13

Odaily News: Bitcoin and Ethereum options with a notional value of $21.8 billion are set to expire on March 13. Among them, 26,000 BTC options will expire with a Put Call Ratio of 0.9, a max pain point of $69,000, and a notional value of $1.8 billion; 182,000 ETH options will expire with a Put Call Ratio of 1.21, a max pain point of $2,000, and a notional value of $380 million. Looking at the options market data, the implied volatility (IV) for short- to medium-term options declined this week, while the IV for medium- to long-term options increased, but the changes were minimal. The main-term IV for BTC is around 50%, and for ETH, it's around 70%, while the decline in realized volatility (RV) is more pronounced.