According to @GreeksLive, 29,000 BTC options expired with a Put-Call Ratio of 1.35, Max Pain at 115,000 dollars, and 3.4 billion dollars notional value, while 178,000 ETH options expired with a Put-Call Ratio of 1.0, Max Pain at 4,500 dollars, and 810 million dollars notional value, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, BTC and ETH have traded less than 10 percent below their all-time highs in September as sentiment shifted from pessimistic to neutral following an expected 25 basis point Fed hike, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, implied volatility has declined with BTC short-to-medium-term IV below 30 percent and ETH primary IV terms below 60 percent, with short-to-medium-term IV under 50 percent, signaling low volatility, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, put option block trades and their transaction share have risen steadily this month, reflecting risk-hedging as the primary strategy, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, September is a third-quarter delivery month and historically sees relatively weak performance due to institutional rollovers and settlements, and the options market currently lacks confidence in September performance, source: @GreeksLive on X, Sep 19, 2025.