$BTC : Options Put/Call Ratio Read
OI split: 61.4% calls (253,363 BTC) vs 38.6% puts (159,283 BTC). Put/Call OI ratio is about 0.63.
24h volume split: 55.4% calls vs 44.6% puts. Volume Put/Call is about 0.80.
What it means: the overall book is call-heavy, but today's flow has a higher put share than the standing OI. Hedging interest is picking up at the margin, even if the book has not rebalanced.
Execution relevance: when positioning leans one way, moves can get sharper on either side. Size and risk limits matter more than conviction here.
#BTC #BitcoinOptions #CryptoDerivatives
OI split: 61.4% calls (253,363 BTC) vs 38.6% puts (159,283 BTC). Put/Call OI ratio is about 0.63.
24h volume split: 55.4% calls vs 44.6% puts. Volume Put/Call is about 0.80.
What it means: the overall book is call-heavy, but today's flow has a higher put share than the standing OI. Hedging interest is picking up at the margin, even if the book has not rebalanced.
Execution relevance: when positioning leans one way, moves can get sharper on either side. Size and risk limits matter more than conviction here.
#BTC #BitcoinOptions #CryptoDerivatives
