Greeks.live: About $1.6 billion in BTC and ETH options are about to expire, and the inscription market continues

Greeks.live macro researcher Adam released options delivery data on December 22 on the X platform: 25,000 BTC options are about to expire, the Put Call Ratio is 0.70, the biggest pain point is US$42,000, and the nominal value is US$1.11 billion. 217,000 ETH options are about to expire, the Put Call Ratio is 0.60, the biggest pain point is US$2,200, and the nominal value is US$490 million. Cryptocurrencies have been oscillating at high levels this week, with the Inscription market continuing, capital lending rates continuing to rise, and a large number of protective put options being traded. All signals point to potential plunge risks. From the options data, we can see that option positions have shifted on a large scale to next year's term. Especially due to the potential expectations of ETFs, positions in January were significantly higher than in previous years, and large-scale positions are still in progress. .