Greeks.Live: Options worth more than US$15 billion will be delivered today, and IVs of all major periods remain high
BlockBeats news, on March 29, Greeks.Live analyst Adam posted on social media that,
· 135,000 BTC options expired, with a Put Call Ratio of 0.85, a maximum pain point of $51,000, and a nominal value of $9.5 billion.
· 1.58 million ETH options expired, with a Put Call Ratio of 0.63, a maximum pain point of $2,600, and a nominal value of $5.6 billion.
Today is the quarterly delivery of over $15 billion. The crypto market has rebounded significantly this week. The game of $70,000 is very fierce. Despite facing the largest quarterly delivery in history, the IVs of all major periods remain high.
Bitcoin will be halved next month. The trend of BTC in this round of halving is different from the past. The market continues to apply the past trend and it seems to be ineffective. How far can April’s IV go only relying on the support of the expected halving? Let us know Let’s wait and see.