Adam: 25000 BTC options expire on May 15th, with a nominal value of 2 billion

According to Adam, a macro researcher at Greeks.live, on the X platform, 25000 BTC options expired on May 15th with a Put Call Ratio of 0.59, a maximum pain point of $80000, and a nominal value of $2 billion; 274000 ETH options have expired, with a Put Call Ratio of 0.4, a maximum pain point of $2300, and a nominal value of $620 million. This week, BTC remained volatile around $80000, with only 6% of BTC options expiring and 11% of ETH options expiring. The main term options and short-term RV have slightly decreased, while VRP has increased. BTC's main term IV is around 35%, and ETH is around 50%. Skew has experienced a slight overall decline, with a neutral market sentiment and extremely low option activity. As of the end of May, approximately 20% of the positions were held, and as of the end of June, approximately 30% were held.