BlockBeats News, August 21st, according to Greeks.live data, 24,000 BTC options are set to expire today, with a Put Call Ratio of 0.84, a max pain of $67,000, and a notional value of $18.2 billion.In addition, 149,000 ETH options are set to expire today, with a Put Call Ratio of 0.84, a max pain of $2,000, and a notional value of $3.6 billion.Greeks.live analyst Adam stated that Bitcoin has seen a sharp rise this week, breaking above $76,000, surpassing two-year sideways price levels. This expiration day is one of the few this year where the delivery price exceeds the max pain. The monthly realized volatility (RV) surged 20% to 53%, while the monthly implied volatility (IV) only increased by 6%, resulting in a significant decrease in Volatility Risk Premium (VRP).Looking at other key options data, 6% of options are expiring this week, with open interest rebounding but still at a low level, and trading activity seeing a significant increase. The rapid increase in upward momentum and activity has led to a highly dispersed Gex on the bullish side, with the downward Gex almost negligible, indicating an overall bullish sentiment in the market.