Crypto World Network news, according to greekslive, 23,000 BTC options expire; the put-call ratio is 1.13, the maximum pain point is $76,000, and the notional value is $1.74 billion. Meanwhile, 175,000 ETH options expire; the put-call ratio is 0.94, the maximum pain point is $2,325, and the notional value is $400 million. This week, the implied volatility of main-tenor options has declined notably: Bitcoin’s main-tenor implied volatility has fallen across the board below 40%, Ethereum’s main-tenor implied volatility has dropped more, short-term implied volatility has fallen below 50%, and both medium- and long-term implied volatility have also fallen below 60%.