$BTC Options Put/Call Open Interest ratio recently fell from 0.64 to 0.56, as call OI declined from $28.7B to $24.7B and put OI dropped from $18.4B to $13.9B. Positioning remains call-heavy, but the unwind in both legs points to reduced conviction amid choppy price action.
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$BTC Options Put/Call Open Interest ratio recently fell from 0.64 to 0.56, as call OI declined from $28.7B to $24.7B and put OI dropped from $18.4B to $13.9B. Positioning remains call-heavy, but the unwind in both legs points to reduced conviction amid choppy price action.