BTC options worth $1.07 billion will expire and be delivered today, with a maximum pain point of $63000

BlockBeats News: On October 4th, Adam, a researcher at Greeks.live, posted on social media that 17500 BTC options will expire and be delivered today, with a Put Call Ratio of 0.75, a maximum pain point of $63000, and a nominal value of $1.07 billion. In addition, 119000 ETH options will expire and be delivered today, with a Put Call Ratio of 0.68, a maximum pain point of $2500, and a nominal value of $280 million. Adam stated that A-shares and Chinese concept stocks have attracted the attention of all markets this week. Cryptocurrencies are relatively weak, and even in the Hong Kong stock market where there has been a comprehensive surge, blockchain stocks are trending downwards, reflecting the weakness of the cryptocurrency market. From previous years' data, the market in the fourth quarter was generally good. The current sluggish market is a good time to build positions, and the low position is suitable for building some mid to long term bullish positions. Each major period IV is at the average level of nearly a year, and there is still support for IV before the end of the US election. The next two weeks will be a good opportunity to layout for the fourth quarter.