🚨 #Bitcoin Market Update 📊 Total OI for today’s expiry: ~$52M 📈 Open Interest split: Call OI at 63%, Put OI at 37% ✍️ Significant call writing at $118,000, strong put writing at $114,400 ⚖️ Put/Call Ratio: 0.59 (bearish sentiment for today’s expiry) 🔄 Minor straddle writing evident at $117,000 📉 Implied Volatility: 28% | Realized Volatility: 36% 🔻 IV-RV spread: -8.15% 🔥 High volume strike: $118,000 🎯 Max pain at $115,400—not expected to impact expiry 🐻 Taker activity at $117,000 signals strong bearish participation and upper hand for bears at that level 📈 Trade in Crypto Options now:
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