Markets· ★★★· bullish·

Bitcoin options traders tilt toward calls as short-dated upside demand builds

  • —One-week 25-delta risk reversal rose 1.07 vol points to -0.24
  • —Calls made up 61.4% of BTC options open interest, puts 38.6%
  • —Derive put-call open interest stood at roughly 305,530 BTC
  • —Large call open interest stacked at $80,000, $85,000 and $100,000 December strikes
Why it matters: A call-heavy skew makes downside protection cheaper and upside exposure pricier, while heavy open interest near spot could shape price action into expiry.
Source: Crypto Briefing