Greeks.live: Options worth $9.3 billion will expire today, and the market weakness has led to a sharp decline in IVs of major maturities

According to BlockBeats, on April 26, according to Greeks.live data, 96,000 BTC options are about to expire, with a Put Call Ratio of 0.68, a maximum pain point of $61,000, and a nominal value of $6.2 billion. 990,000 ETH options are about to expire, with a Put Call Ratio of 0.51, a maximum pain point of $3,100, and a nominal value of $3.1 billion. This week, the trading volume of the crypto market has dropped significantly, with Bitcoin and Ethereum fluctuating at low levels. The weakness of the market has led to a sharp drop in IVs of major maturities. Since the halving, Dvol has dropped by as much as 15%. The halving has failed to bring volatility, resulting in accelerated selling by a large number of option sellers. Recently, ETF funds have been outflowing, and market sentiment is relatively low. Last week, it was mentioned that the whales lack confidence in the future market. At present, this trend has not changed, and BTC faces great resistance to return to its historical high.