POPA ReconThe share of calls in BTC options open interest has declined over time, falling from nearly 70% two years ago to just under 60% today.
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 — link | AI comment
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