PANews reported on March 12th, citing Greeks.live, that 26,000 BTC options and 182,000 ETH options will expire on March 13th, with corresponding notional values of approximately $1.8 billion and $380 million respectively. The put-call ratios for BTC and ETH options are 0.9 and 1.21 respectively, with the biggest resistance levels at $69,000 and $2,000. Currently, the implied volatility for BTC across major maturities is around 50%, and for ETH around 70%. Short-to-medium term implied volatility has slightly decreased, while medium-to-long term implied volatility has slightly increased, with actual volatility decreasing even more. The expiring contracts represent only about 6% of total open interest, the lowest in recent years, indicating extremely low Bitcoin trading activity. Skew volatility across all maturities is limited, and the options market as a whole is in a wait-and-see state.


