Greeks_live

May 3 BTC&ETH Options Data

Long
BITSTAMP:ETHUSD   Ethereum
23,000 BTC options are about to expire with a Put Call Ratio of 0.49, a Maxpain point of $61,000 and a notional value of $1.4 billion.
330,000 ETH options are due to expire with a Put Call Ratio of 0.36, Maxpain point of $3,000 and notional value of $1 billion.
The crypto market continued to fall this week, with BTC hitting the $60,000 mark, a new low since March.
The Hong Kong ETF listing failed to bring much incremental volume, the US BTC ETF continued to flow out, the weakness of the market led to weakening market confidence, the IV of all major terms likewise continued to decline, the current IV level is the average water mark of the winter bull market, with some support, and the current buying is good choice.
The current point of sustained sideways trading is unlikely, no rebound is bound to be a downward relay, the giant whale on the lack of confidence in the market, Block trading is worth strengthening attention.

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