Bitcoin and Ethereum Options with a notional value of $3.39 billion are set to expire and settle today

BlockBeats News, November 22, according to Greeks.live data, 29,000 BTC options are set to expire today, with a Put Call Ratio of 1.1, a max pain of $86,000, and a notional value of $28.4 billion.

164,000 ETH options are set to expire today, with a Put Call Ratio of 0.65, a max pain of $3050, and a notional value of $5.5 billion.

Greeks.live researcher Adam stated that Bitcoin continues to soar, aiming for the $100,000 mark, ETH is also leading the altcoin rebound, ibit options have started trading, U.S. funds are notably flowing into ETFs, and multiple favorable factors are driving a strong spot market bull run. Around 8% of positions are expiring this week, with the significant surge in ETH leading to a substantial increase in ETH's major term options IV, while BTC's major term options at-the-money IV remains relatively stable. The current market sentiment remains extremely optimistic, and due to the overall market rally, the downside risk for Bitcoin has somewhat eased.