Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.

BlockBeats News, November 28, Greeks.live researcher Adam released today's options settlement data:

143,000 BTC options are expiring, with a Put Call Ratio of 0.51, the max pain point at $98,000, and a notional value of $13 billion.

572,000 ETH options are expiring, with a Put Call Ratio of 0.48, the max pain point at $3,400, and a notional value of $1.71 billion.

Researcher Adam stated that the main options data shows that implied volatility has fully rebounded compared to last month. The main term IV for BTC averages around 45%, while the main term IV for ETH is below 70%, both at relatively high levels for this year. Around settlement, the large block trading volume and trading proportion of bitcoin options have continued to rise, mainly due to position rolling needs. However, large block trading in ethereum is very limited, reflecting different market characteristics. This year's Q4 market performance can be described as the worst in recent years. Due to macro uncertainties and other factors, there is significant market divergence, and leveraged trading is not recommended.