On August 16th, Greeks.live researcher Adam released the option delivery data on social media on August 16th, 24,000 BTC options are about to expire, Put Call Ratio is 0.83, the maximum pain point is $59,500, and the nominal value is $1.40 billion. 184,000 ETH options are about to expire, Put Call Ratio is 0.80, the maximum pain point is $2650, and the nominal value is $470 million. Options expiring in the current week account for about 10% of the total open position. At present, the open position from August to September to December is relatively close, with more than 20%. From the option data, the term distribution of options is relatively average, and the term structure is relatively stable. Recently, the option market's expectations for future fluctuations have gradually decreased, and the market will gradually enter a stable period.