Options contracts worth $1.28 billion in BTC and $530 million in ETH will expire and be delivered today

According to data from Greeks.live on November 17th, 35,000 BTC options are about to expire with a Put Call Ratio of 0.49, a maximum pain point of $36,000 and a nominal value of $1.28 billion.

27,000 ETH options are about to expire with a Put Call Ratio of 0.41, a maximum pain point of $1,900 and a nominal value of $530 million.

Cryptocurrency prices entered a consolidation phase this week, with RV representing the level of volatility rebounding slightly, but IV representing expected volatility remaining stable with a slight decrease, ultimately resulting in a decrease in VRP volatility risk premium. Currently, BTC Dvol is only 55%, a 10% decrease from last week, while ETH Dvol is 56%, remaining steady from last week. ETH is expected to become the main driver of the upward trend.