PANews, August 27 - According to analysis from Gate Research Institute, this Friday will see the August Options monthly Delivery, with about $14.5 billion in contracts expiring, marking the largest scale since 2025. Among these:
BTC Options: Notional value of $11.4 billion, maximum pain point price $116,000, put/call ratio 1.6;
ETH Options: Notional value of $3.16 billion, maximum pain point price $3,800, put/call ratio 0.7.
In terms of implied volatility, the BTC Volatility Index (DVOL) has slightly rebounded to 38, with a downward trend in the short-term 25 Delta skew, indicating that traders are hedging downside risk by buying short to medium-term put Options. The market sentiment for ETH is relatively optimistic, with a net inflow of 455 million USD into the U.S. spot ETF yesterday, as spot buying continues to provide support.