Bitcoin and Ethereum options with a notional value of $2.18 billion will expire and settle on March 13th. 26,000 BTC options will expire with a put-call ratio of 0.9, a maximum price threshold of $69,000, and a notional value of $1.8 billion; 182,000 ETH options will expire with a put-call ratio of 1.21, a maximum price threshold of $2,000, and a notional value of $380 million. Looking at options market data, the implied volatility (IV) for short-to-medium term options decreased this week, while the IV for medium-to-long term options increased, but by only a small margin. The IV for the main term of BTC is around 50%, and for ETH it is around 70%, with a more pronounced decrease in RV (Return on Investment).