The share of calls in BTC options open interest has declined over time, falling from nearly 70% two years ago to just under 60% today. This…
The share of calls in BTC options open interest has declined over time, falling from nearly 70% two years ago to just under 60% today.
This points to a more two-sided market, with hedging and structured product flows growing in importance relative to simpler leverage and upside-capture strategies
