Greeks.live: 31,000 BTC options and 135,000 ETH options will expire today, with a total notional value of $2.13 billions
According to Odaily, Greeks.live macro researcher Adam posted on the X platform that option expiry data on July 3 shows 31,000 BTC options expired with a Put Call Ratio of 0.7, a max pain point at $61,000, and a notional value of $1.9 billion; 135,000 ETH options expired with a Put Call Ratio of 1.29, a max pain point at $1,650, and a notional value of $230 million.
Bitcoin regained the key $60,000 level again this week, but the downward trend remains in the long term. Strategy and ETF selling has shifted market consensus, with the largest buyer turning into a seller. Main option data shows that over 8% of options expire this week, with BTC GEX concentrated around $60,000 and ETH GEX at $1,700. This week, ETH’s Put Call Ratio reached 1.29, indicating a higher proportion of put options and a rise in market hedging demand. The latest hotspots are focused on US stocks, with tokenization of US stocks being the main topic in the crypto market; it will still take time before AI and semiconductors regain traction in crypto.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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