According to Greeklive, as of this Friday (December 26), when options expire, more than half of the total open interest will be expiring, and the market's repositioning transactions will become the main trading force. Recent options data has been highly volatile, and investors should not rely solely on options data as trading signals. Today, the bulk trading ratio of Put options reached 30%, but this is not a bearish signal; rather, it reflects trading in deep out-of-the-money and in-the-money options. When a large number of options expire, institutions often carry out repositioning operations in advance to reduce risk. In such cases, some institutions may sell off part of their options, creating low-price opportunities for the market.