PANews reported on November 22 that according to Greeks.live, 29,000 BTC options will expire this week, with a Put Call Ratio of 1.1, a maximum pain point of $86,000, and a total notional value of $2.84 billion. At the same time, 164,000 ETH options will expire, with a Put Call Ratio of 0.65, a maximum pain point of $3,050, and a total notional value of $550 million.
Bitcoin prices continued to rise, hitting the $100,000 mark, ETH led the altcoin market to rebound, ibit option trading was launched, and a large amount of US funds flowed into crypto ETFs. Multiple positive factors drove the spot bull market. About 8% of option positions expired this week, among which ETH's strong rise led to a significant increase in its main-term option implied volatility (IV), while BTC's main-term option IV remained stable. The current market sentiment is still extremely optimistic, and the general rise has alleviated the risk of BTC's callback.
