Data: $1.18 billion worth of BTC and $410 million worth of ETH options contracts will expire and settle tomorrow.

According to data from Greeks.live on November 9th, 32,000 BTC options with a Put Call Ratio of 0.68 and a maximum pain point of $34,000, with a nominal value of $1.18 billion, will expire tomorrow. In addition, 220,000 ETH options with a Put Call Ratio of 0.42 and a maximum pain point of $1,700, with a nominal value of $410 million, will also expire tomorrow. Greeks.live stated that the main cryptocurrencies have hit new highs this week, with BTC rising to $37,000, leading to a significant increase in the entire term IV. Currently, BTC Dvol is as high as 65%, and ETH Dvol is also as high as 60%, both creating short-term highs. The market sentiment is high, and the bullish atmosphere is strong.