June 27 Options Data 139,000 BTC options expired with a Put Call Ratio of 0.75, a Maxpain point of $102,000 and a notional value of $15 billion. 939,000 ETH options expired with a Put Call Ratio of 0.52, a Maxpain point of $2,200 and a notional value of $2.29 billion. Today is the mid-year quarterly delivery, with over $17 billion in options deliveries, accounting for over 30% of the total current position, and because of the large number of options expirations, there has been a lot of Block call trading over the last two days, with $1.4 billion of mass calls traded over the last 24 hours, almost all of which were moved. From the main options data, implied volatility, BTC's IV is still hovering at a low level, short and medium term IV is below 35% across the board, ETH's IV has fallen back slightly but is still as high as nearly 65%, and the recent 30% IV difference lasted for a few days, there is more room for volatility cross-currency strategy operations.