BTC and ETH Options Worth $2.18 Billion Set to Expire March 13

Bitcoin and Ethereum options with a combined notional value of $2.18 billion are set to expire on March 13, Odaily Planet Daily reports. The batch includes 26,000 BTC options with a Put/Call Ratio of 0.9, maximum pain at $69,000 and notional value of $1.8 billion, and 182,000 ETH options with a Put/Call Ratio of 1.21, maximum pain at $2,000 and notional value of $380 million. Options market data show implied volatility for short to medium-term tenors edged lower this week, while IV for medium to long-term maturities rose slightly, with key-term IV at 50% for BTC and 70% for ETH. Realized volatility declined more noticeably over the same period.