Notional value exceeds $16.1 billion, with 167,000 BTC options and 789,000 ETH options set to expire

Odaily reported that Greeks.live researcher Adam posted on the X platform that September 25 is quarterly delivery day, with 32% of Bitcoin options positions and 40% of Ethereum options positions set to expire. The put-to-call ratio for Bitcoin options is 0.87, with the max pain point at $79,000; the put-to-call ratio for Ethereum options is 0.67, with the max pain point at $2,380. He stated that position rolling has been the main trading activity over the past two days, the volatility risk premium across major tenors has declined, and near quarterly delivery day, GEX is concentrated at $84,000.