Greeks.live: Options data shows that market sentiment is optimistic, but remains cautious in the short term.

BlockBeats News, on May 16, Greeks.live analyst Adam posted on social media, “May 16 options delivery data: 27,000 BTC options expiration, Put Call Ratio of 1.03, maximum pain point of $100,000, notional value of $2.76 billion. 220,000 ETH options expire with a Put Call Ratio of 1.36, a maximum pain point of $2,300, and a notional value of $570 million. This week’s Bitcoin delivery data is almost the same as last week, and Ethereum is similar except for the price factor. At present, the market sentiment is very good, but the options data shows that there are still not many mainstream coin holders, and the profits are limited. At present, Bitcoin’s short- and medium-term RV has fallen below 35%, and the medium- and long-term are all around 50%, but the IV decline is more obvious, almost all of them have fallen below 45%, so the VRP of each maturity has fallen. The delivery volume is less than 9% of the total position, and the proportion of put options continues to be high this month, which may not change significantly until June, and the market is more optimistic about the next market, but there are not many people who are long BTC in the short term.”