August 15th Delivery Data for Rights 39000 BTC options have expired, with a Put Call Ratio of 0.95, a maximum pain point of $118000, and a nominal value of $4.6 billion. 280000 ETH options have expired, with a Put Call Ratio of 1.04, a maximum pain point of $4000, and a nominal value of $1.3 billion. BTC reached a new high this week, and ETH also reached a historical high of around $4800, indicating extremely optimistic market sentiment. This week, there were nearly $6 billion in option deliveries, accounting for 9% of the current total holdings. Deribit sold $10.9 billion in options on Thursday, setting a new milestone on the first trading day of its acquisition. From the main option data, in terms of implied volatility, BTC's IV is still sluggish, with medium to short term IV remaining below 35%, while ETH's main term IV is still as high as 70%, matching the current potential volatility expectations of ETH. Recently, there have been a lot of bulk trades, both bullish and bearish, leading to significant divergence in the options market. The current bull market price difference of 4800/5000 is very cost-effective.