$BTC options flow — 2026-05-31
btc put/call oi ratio 0.63, put/call volume ratio 0.42. calls dominant on both fronts. nearest expiry 1jun26 max-pain at $73,500, atm iv 30.8%.
the falsifiable line: if spot stays above $76k through expiry, dealers who delta-hedged short calls will have to unwind, flipping from gamma-negative to gamma-positive. that unwind pressure could pin spot near max-pain despite the call skew.
more at falsifylab.com
#OnchainAlpha $BTC
— research and educational content. not investment, legal, or tax advice. do your own research. positions and views may change without notice.
Originally published on FalsifyLab Substack.
Write a comment