Bitcoin (BTC) options open interest fell 3.25% to $37.31 billion in a Coinglass reading Friday, while calls held most outstanding positions but only a narrow majority of 24-hour trading.
Coinglass data timestamped at 7:20 a.m. EDT (11:20 UTC) Friday, Oct. 23, showed open interest down from $38.56 billion a day earlier. Trading volume over 24 hours was about $2.99 billion. Calls represented 51.41% of that volume, compared with 48.59% for puts; among outstanding positions, calls held 59.70% and puts 40.30%.
Calls’ share exceeded puts’ by 2.82 percentage points in trading volume, while the gap among open positions was 19.40 points. Open interest counts contracts that remain outstanding and indicates the scale of accumulated positions.
Deribit’s volume table was headed by a $98,000 call expiring Nov. 27; the $88,000 call for Dec. 25 and $90,000 call for Nov. 27 ranked next. Three Oct. 30 Deribit calls led outstanding positions: those with $95,000, $100,000 and $90,000 strikes.
An Oct. 21 Bitcoin options snapshot put open interest at $38.49 billion. The three contracts with the largest open-interest positions in Friday’s reading are scheduled to expire Oct. 30.
