Gate News bot, Greeks.live macro researcher Adam released the "June 13 Options Delivery Data" on social platforms: 28,000 BTC options expire, the Put Call Ratio is 0.9, the biggest pain point is $106,000, and the notional value is $2.93 billion. 244,000 ETH options expire with a Put Call Ratio of 1.13, a maximum pain point of $2,650, and a notional value of $620 million. Near-term volatility has always occurred before weekly delivery, with cryptocurrencies ushering in a significant pullback due to Israel's attack on Iran, which led to a marked risk aversion in the market. According to the main delivery data, the delivery volume is about 8% of the total open interest, which has fallen again after a rebound last week. In terms of implied volatility, BTC's IV is still hovering at a low level, while ETH's IV has risen significantly, and there is more room for volatility strategies to operate on ETH in the near future. With the continuous decline of IV and RV, this week's VRP has been at a high level, which is a relatively extreme decline in RV, and the IV needs a larger safety cushion, which is a sign of extremely low market volatility. After today's correction, VRP is down but still at a high level. Combined with the bulk trading data, the main force is currently increasing the position of put options and entering the defensive stage.