Greeks.live: Today, crypto options are settling for the quarter, with BTC and ETH options with a notional value of $15.12 billion approaching expiration.

According to Mars Finance, on March 27, Greeks.live posted on social media, “March 27 expiry data: 68,000 BTC options are expiring, with a Put Call Ratio of 0.56, a maximum pain point of $74,000, and a notional value of $13 billion. 370,000 ETH options are expiring, with a Put Call Ratio of 0.56, a maximum pain point of $2,250, and a notional value of $2.12 billion. Today is the quarterly expiry day, with about 36% of Bitcoin and Ethereum options expiring, and a significant number of options were rolled this week, peaking at over 40% of the total open interest. Additionally, due to the large expiry day, the call ratio is high, with a PCR of only 0.56. Despite the fluctuations in the market, Bitcoin’s trading activity remains relatively low. From the main options data, Bitcoin’s primary term IV is at 51%, while ETH’s primary term IV is at 70%. The RV continues to decline, causing the VRP to rise continuously, with the 15D VRP reaching nearly 20% in the first half of this week. In the first quarter of this year, Bitcoin performed poorly in both price and interest, and market confidence is also lacking, with hopes for improvement in the second quarter.”