October 9 approximately 2160000000 USD BTC and ETH options will expire

AT A GLANCE

October 9 approximately 22000 contracts of BTC and 123000 contracts of ETH options will expire, with a combined notional value of approximately 2160000000 USD。

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with a notional value of approximately 2160000000 USD BTC and ETH options will expire tomorrow, with maximum pain levels of 84000 USD、2650 USD BlockBeats reported that October 8, Greeks.live released data showing that October 9 approximately 22000 contracts of BTC options will expire,Put/Call Ratio with 1.12 and a maximum pain level of 84000 USD, with a notional value of approximately 1840000000 USD; meanwhile, 123000 contracts of ETH options will expire,Put/Call Ratio with 0.71 and a maximum pain level of 2650 USD, with a notional value of approximately 320000000 USD. The combined notional value is approximately 2160000000 USD.

Greeks.live stated that these expiries will account for approximately BTC and ETH of the open interest in the options, respectively, at approximately 6%and 9%. The market was in a state of consolidation for most of the week, and BTC still needs to await a directional decision. The implied volatility of options (IV) is currently low, indicating that the market has low expectations for future price volatility, while buyers are also relatively cautious and unwilling to pay high premiums for directional bets.

From the GEX structure, 90,000 USD、95,000 USD and 100,000 USD show clear clustering near three round-number levels, while near-expiry prices have relatively little accumulation around 80,000 USD and 85,000 USD. Greeks.live believes that after the crypto market's rebound lasting more than a month, market sentiment has improved significantly, and spot positions are still worth retaining; because the current monthly out-of-the-money options'IV is not high, investors may still consider allocating directional put options for protection.

Original article link https://m.theblockbeats.info/flash/370703

Key points

Data released by Greeks.live shows that October 9 approximately 22000 contracts of BTC options will expire,Put/Call Ratio with 1.12 and a maximum pain level of 84000 USD, with a notional value of approximately 1840000000 USD。
The same data shows that October 9 there will be 123000 contracts of ETH options expiring,Put/Call Ratio with 0.71 and a maximum pain level of 2650 USD, with a notional value of approximately 320000000 USD。
BTC and ETH the combined notional value of the expiring options is approximately 2160000000 USD。
Greeks.live stated that the size of this expiry accounts for approximately BTC and ETH of the open interest in 6%and 9%。
The original article states that current implied volatility is low and says this indicates that the market has low expectations for future price volatility.
Greeks.live stated that the BTC of GEX shows clear clustering near 90,000 USD、95,000 USD and 100,000 USD, with relatively little accumulation near 80,000 USD and 85,000 USD.
Greeks.live believes that spot positions are still worth retaining and stated that investors may consider allocating directional put options for protection.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Options are contracts agreeing to trade assets in the future under specified conditions. Notional value is the book value of the assets underlying a contract and does not equal the actual cash inflow or loss amount;Put/Call Ratio is used to compare the quantities of put and call options; maximum pain is an options positioning metric and does not mean that the price will necessarily reach that level; implied volatility reflects the options market's expectations for future volatility.

Why it matters to readers

This batch of expiring contracts involves BTC and ETH, and the report provides the expiry quantities, notional value, share of open interest, and key positioning levels, which can be used to observe the options market structure approaching expiry.

Beginners should treat maximum pain,GEX and implied volatility as market-observation indicators, rather than definite price forecasts or trading signals; the recommendations to retain spot holdings and allocate put options in the article represent Greeks.live's views.

Risks and unknowns

The report relays Greeks.live data; the original article does not provide original exchange data or position details that can be independently verified.
Actual cash inflows, profits or losses, or price impact cannot be determined solely from notional value.
The original article does not confirm that BTC or ETH prices will move toward the maximum pain level after expiry.

October 9 approximately 2160000000 USD BTC and ETH options will expire

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