
Coinbase: Bitcoin call option demand hits 91st percentile
- —BTC call volatility premium exceeds puts by 2.1 percentage points
- —Level sits in the 91st percentile of historical distribution
- —Data covers one-week Bitcoin options
- —Coinbase flags risk of one-sided positioning
Why it matters: The heavy skew toward calls signals a consensus bullish bet on BTC, but raises the risk of a sharp unwind if sentiment reverses.
Source: Bloomingbit