Historical data of $7.2 Billion in Bitcoin and Ethereum looks positive for June! - Coin Bulletin

The data for Bitcoin and Ethereum options shows that the Maxpain point is 86,000 dollars for BTC and 1,900 dollars for ETH, while the market appears to be exhibiting a more optimistic attitude, especially in June futures options.

One of the important indicators of the crypto currency market, option data reveals investors’ expectations regarding future price movements. According to the option data shared by Wu Blockchain and Greeks.live on April 25, a total of 78,000 Bitcoin options expired with a 0.75 Put Call ratio and a Maxpain point of $86,000. The total value of these options was calculated to be $7.18 billion.

On the same date, 461,000 Ethereum options also expired with a 0.82 Put Call ratio. The Maxpain point for these options was set at $1,900, and their total value amounted to $820 million.

Market optimism shifted to June

After the strong rally of Bitcoin and Ethereum this week, the realized volatility values in the large maturities have risen above 55%, while the implied volatility values have exceeded 45%. The volatility risk premium values have also turned positive in multiple maturities, which is interpreted as a positive signal after a month of negative levels.

The report indicates that U.S. President Donald Trump’s weakness in trade and customs wars has given the market great confidence, but uncertainty in the market will continue for a long time. This month’s deliveries account for a quarter of total positions, while a higher share of put options reflects concerns about a downturn in the market. However, as the market improves, the share of call options expiring in June is significantly increasing, indicating a rise in optimism regarding the upcoming period.