As of October 13th, the data for the current cycle options showed that 24,000 BTC options are about to expire, with a put-to-call ratio of 1.23 and a maximum pain point of $27,000, with a nominal value of $640 million. 190,000 ETH options are about to expire, with a put-to-call ratio of 0.71, a maximum pain point of $1,600, and a nominal value of $290 million.

According to Greeks.live analysis, BTC continues to maintain its market-leading position, with the BTC options open interest increasing by nearly 70% this week, and the put-to-call ratio of BTC options holding 60% of the total, which is relatively rare, while ETH continues to struggle. The IV of all major maturities is still at historical lows, with no signs of a rebound, and with liquidity recently deteriorating, significant changes seem to be getting closer.