


TechFlame news: On August 22, Greeks.Live macro researcher Adam released today's options delivery data: 34,000 BTC options expire, the Put Call Ratio is 1.3, the maximum pain point is 118,000 US dollars, and the nominal value is 3.82 billion
US dollars.
The 220,000 ETH options expired, and the Put Call Ratio was 0.82, the biggest pain point was 4250 dollars, and the nominal value was 950 million US dollars.
Adam analyzed, “This week's theme is price correction. Both BTC and ETH are near historical highs. Despite the price correction, market sentiment is still quite optimistic. Nearly 5 billion US dollars of options were sold this week, accounting for 8% of the current total holdings. This is a relatively low ratio in historical records, in stark contrast to the current high daily turnover of nearly 5 billion US dollars.
Judging from the main options data, there was a clear rebound in terms of implied volatility. BTC's short to medium term IV fully recovered to more than 35%, ETH's main term IV was unlicensed by 70%, and the short-term IV broke through 80%.
At the same time, there have been a lot of large transactions recently, and there are a large number of bullish and bearish trades. The options market has begun to show clear differences, but overall, the power to weaken future fluctuations is stronger.
”