Greeks.live: 18,000 BTC options are about to expire, the biggest pain point is $60,000, and the notional value is $1.12 billion

Greeks.live macro researcher Adam posted on the X platform that 18,000 BTC options are about to expire, with a Put Call Ratio of 0.83, a maximum pain point of $60,000, and a nominal value of $1.12 billion; 140,000 ETH options are about to expire, with a Put Call Ratio of 0.93, a maximum pain point of $2,625, and a nominal value of $370 million. From the options data, the holdings of cyclical options continue to decline, and this week's holdings account for less than 7% of the total holdings. There was no obvious increase in IV at this week's central bank annual meeting, and the market was relatively flat. Waiting seems to be the best strategy. The options data show that the market is in a highly calm cycle, the term structure is stable, and the options market's expectations for future volatility are gradually decreasing.