Greeks.live: The market is a bit too pessimistic. I would rather believe that there will be a bull market at the end of the year.

BlockBeats news, on September 6, Greeks.live researcher Adam released today's options delivery data on social media. 14,000 BTC options are about to expire, the Put Call Ratio is 0.81, the maximum pain point is $59,000, and the nominal value is $760 million. 125,000 ETH options are about to expire, the Put Call Ratio is 0.63, the maximum pain point is $2,500, and the nominal value is $290 million.

This week, cryptocurrencies have been falling all the way. From the options data, it is obvious that the entire market is weak. The recent decline in the maximum pain point has not kept up with the speed of price decline. The IV of the main term has increased. With the approaching US election, the IV bulge on October 8 is gradually being smoothed out. Last week, we mentioned the trading data of previous years. September is generally slightly flat, but the market seems to be a little too pessimistic. We prefer to believe that there will be a bull market at the end of the year.