Greeks.live: 25,000 BTC Options and 274,000 ETH Options Expiring This Friday

Odaily Planet Daily News: Greeks.live macro researcher Adam posted on X platform, stating that on May 15, a total of 25,000 BTC options will expire, with a Put Call Ratio of 0.59, a max pain point of $80,000, and a notional value of $2 billion; 274,000 ETH options will expire, with a Put Call Ratio of 0.4, a max pain point of $2,300, and a notional value of $620 million.

Bitcoin has been oscillating around $80,000 this week. Only 6% of BTC options and 11% of ETH options are expiring this week. Both major-term options and short-term RV have slightly decreased compared to last week, while VRP has increased. Bitcoin's major-term IV is around 35%, and ETH's major-term IV is around 50%. Skew has slightly decreased across the board, with minor Skew fluctuations in the past month, and market directional sentiment remains neutral. Option activity is extremely low this period, with approximately 20% of open interest by the end of May and about 30% by the end of June.