Greeks.live: Major Crypto Options Expiry Tomorrow, Sentiment Remains Bearish

AirdropBlackHole · 2026-03-26T15:51:18+00:00

Greeks.live highlights the significant Q1 options expiry affecting 40% of options, with BTC's max pain at $75,000. A low put/call ratio and impending IV Crush suggest a bearish sentiment, while institutions are shifting to longer-dated call options.

AirdropBlackHole

2026-03-26 15:51:18

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On March 26th, Greeks.live posted on social media stating that the Q1 quarterly expiry is approaching, with the largest options expiry of the year set for tomorrow, affecting nearly 40% of options. Key expiry data: BTC Max Pain: Currently pegged at $75,000, which appears unlikely to be reached given the current situation. Put/Call Ratio: Remains around 0.6, relatively low, indicating lower trading volume for put options, but overall sentiment is still bearish. Implied Volatility (IV) Warning: An IV Crush is imminent. Front-end implied volatility near the expiry date remains firm. However, after tomorrow’s expiry concludes, a significant IV Crush (volatility collapse) is highly probable. Buyers of short-term options are currently at a significant disadvantage, while sellers have a clear advantage. Whales and Block Trades: Block trade data on Deribit today shows that smart money is aggressively rolling over positions. Many institutions have closed out positions expiring tomorrow and have heavily established positions in out-of-the-money call options for June and September.

BTC-2,96%

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