Bitcoin and Ethereum Options Worth $2.18 Billion Set to Expire

Bitcoin and Ethereum options with a nominal value of $2.18 billion are scheduled to expire on March 13. According to Odaily, 26,000 BTC options will reach maturity, with a put-call ratio of 0.9 and a maximum pain point of $69,000, representing a nominal value of $1.8 billion. Additionally, 182,000 ETH options will expire, featuring a put-call ratio of 1.21 and a maximum pain point of $2,000, with a nominal value of $380 million. Market data indicates a slight decrease in implied volatility (IV) for short- and medium-term options this week, while long-term options have seen a minor increase. The primary term IV for BTC stands at 50%, and for ETH, it is at 70%. Meanwhile, realized volatility (RV) has shown a more noticeable decline.