Data: Options contracts for BTC valued at $1.13 billion and ETH valued at $470 million will be delivered tomorrow upon expiration.
According to data from Greeks.live on November 30, 29,000 BTC options are set to expire with a Put Call Ratio of 0.58 and a maximum pain point of $37,000, representing a nominal value of $1.13 billion.
Additionally, 230,000 ETH options are set to expire with a Put Call Ratio of 0.49 and a maximum pain point of $2,100, representing a nominal value of $470 million.
The volatility of the cryptocurrency market has significantly decreased this week. Despite three consecutive attempts to break through $38,000 after last week's monthly settlement, BTC has failed to hold steady. As the upward momentum weakens, sellers are increasing their sell call positions, and the option skew level is gradually decreasing. Fewer investors are optimistic about a sudden surge in the short term, and most are focused on the approval of ETFs in January for potential gains.