Options data on September 22: 22,000 BTC options are about to expire, the put ratio is 1.00, the maximum pain point is $26,500, and the notional value is $590 million.
147,000 ETH options are expiring, with a put ratio of 0.94, a maximum pain point of $1,600, and a notional value of $230 million.
The proportion of put option positions has increased significantly this week. Market liquidity has deteriorated significantly recently, and investors are actively buying put options.
The recent trend of BTC is significantly stronger than that of ETH, and the BTC IV is also higher than the maturity of ETH, which makes the monthly Put of ETH more worthy of investment.