Greeks.live: With the end of quarterly delivery, IV is still under downward pressure. The last two weeks will be a good opportunity to plan for the fourth quarter.

Greeks.live macro researcher Adam posted on the X platform that 89,000 BTC options are about to expire, with a Put Call Ratio of 0.64, a maximum pain point of $59,000, and a nominal value of $5.8 billion. 718,000 ETH options are about to expire, with a Put Call Ratio of 0.47, a maximum pain point of $2,500, and a nominal value of $1.9 billion. In addition, Adam analyzed that today is the third quarter delivery, and the rebound of cryptocurrencies in the past three weeks has been very strong, which is inseparable from the stimulus of the Federal Reserve's 50 basis point interest rate cut, which has greatly improved market confidence. The third quarter is about to end. Judging from the data of previous years, the market in the fourth quarter is generally good. This year, there are also the US elections and two interest rate cuts, and there should be many trading opportunities. Quarterly delivery brings a lot of position transfers and margin releases. The IV of each major term is at a low level. With the end of quarterly delivery, IV is still under downward pressure. The last two weeks will be a good opportunity to layout the fourth quarter.