139,000 BTC Options and 939,000 ETH Options are about to expire, with a total notional value exceeding $17 billion.

PANews June 27 news, according to Greeks.live analyst Adam’s data, on June 27, a total of 139,000 BTC Options expired, with a Put Call Ratio of 0.75, a maximum pain point of $102,000, and a notional value of $15 billion. 939,000 ETH Options expired, with a Put Call Ratio of 0.52, a maximum pain point of $2,200, and a notional value of $2.29 billion. The analyst stated that today is the mid-year quarterly expiration, with over $17 billion in Options expiring, accounting for more than 30% of the current total open interest. Due to the large number of Options expiring, there has been significant bullish trading in the past two days, with $1.4 billion in public bullish trades in the last 24 hours, almost all of which were rollovers. From the main Options data, in terms of implied volatility, BTC’s IV is still hovering at a low level, with medium and short-term IV well below 35%. ETH’s IV has slightly retreated but is still as high as nearly 65%. The recent 30% IV spread has lasted for several days, providing considerable room for volatility cross-asset strategy operations.