According to Omkar Godbole, the 180-day skew for BTC options has reached zero, indicating that the pricing of long-term calls and puts is now balanced. This shift suggests reduced directional bias among options traders, which could signal increased market stability or a potential inflection point for Bitcoin (BTC) price movement. Traders may consider adjusting their strategies as neutral sentiment in the options market often precedes volatility changes. Source: Omkar Godbole via Twitter.

According to QCPgroup, options flow data indicates that traders are positioning tactically bullish on BTC, focusing on 29AUG25 call flys at the 118k, 124k, and 126k strike prices, with the maximum payoff at 124k. The current put skew remains elevated, suggesting ongoing caution, but has not reached panic levels. A move in BTC price back above 115k could help normalize the skew, potentially impacting near-term volatility and directional bias. Source: QCPgroup.

According to @rovercrc, President Trump's media company has invested $300 million into a Bitcoin-linked options strategy. This substantial allocation indicates strong institutional interest in BTC and could drive increased volatility and liquidity in the Bitcoin options market. Traders should closely monitor BTC price action and options volume for potential breakout opportunities, as this move may boost overall market sentiment and attract further capital inflows. Source: @rovercrc.

According to Greeks.Live, the platform recorded a notional trading volume of $277,199,832 ($277 million) in block trades from July 21st to July 27th, 2025. Of this total, $246.9 million was executed on Deribit and $30.3 million on OKX, reflecting robust institutional activity in crypto derivatives markets. This high volume signals continued trader interest and liquidity in Bitcoin and Ethereum options, potentially impacting volatility and pricing strategies for active traders (source: Greeks.Live).

According to @AltcoinGordon, despite Bitcoin (BTC) trading near all-time highs around $108,000, its volatility has significantly decreased, creating what NYDIG Research calls a 'relatively inexpensive' opportunity for traders using options. This low volatility environment allows for cost-effective positioning with calls for upside exposure and puts for downside protection ahead of potential market-moving catalysts. However, traders are advised to be cautious of a potential 'double top' pattern forming, as noted by Sygnum Bank's Head of Investment Research, Katalin Tischhauser. Tischhauser suggests that while the pattern warrants caution, a 2022-style crash is unlikely without a major black swan event. The current bull run is considered more resilient due to sticky institutional capital from spot ETFs, which Tischhauser believes provides strong price support and may even render the traditional four-year halving cycle obsolete.

According to Lin Chen, head of business development - Asia at Deribit, Bitcoin's put-call ratio has increased to 0.72 ahead of a $14 billion options expiry on Deribit, driven by cash-secured puts as a yield-generation and BTC accumulation strategy. Deribit Metrics data shows 141,271 BTC options contracts expiring, with 20% of calls in-the-money, suggesting profitability linked to persistent BTC ETF inflows and potential volatility around the event. Wintermute's OTC desk reported neutral market flows with a slight bullish bias, including straddle selling at $105,000 and put shorting at $100,000, indicating expectations for tight price action near the max pain point of $102,000.

According to glassnode, traders now have access to the new Bitcoin Market Pulse, a comprehensive weekly market intelligence snapshot that consolidates spot, futures, options, ETF activity, and on-chain fundamentals for BTC. This beta release provides actionable insights for short-term and long-term trading strategies by aggregating key data points in one platform, helping users identify market trends and volatility triggers. The tool is currently free for a limited time, offering traders a unique opportunity to enhance their BTC trading decisions with verified, real-time data. (Source: glassnode, June 17, 2025)

According to glassnode, the BTC 25 Delta Skew has shifted from negative to strongly positive within one week, with the 1-week skew moving from -2.6% to +10.1% and the 1-month skew from -2.2% to +4.9%. This decisive bullish flip in short-dated Bitcoin (BTC) options indicates traders are aggressively positioning for near-term upside or heightened volatility, despite a slight price decline (source: glassnode, June 16, 2025). This shift in options sentiment is often a leading indicator of increased trading activity and potential price movement in the BTC spot market, making it highly relevant for crypto traders monitoring volatility and directional bets.

According to Greeks.live on Twitter, the launch of their official Telegram chat offers crypto traders a new platform to access real-time trading signals, options strategies, and market sentiment updates directly from experienced analysts (source: https://twitter.com/GreeksLive/status/1932401067561541774). This move is expected to enhance information flow and decision-making for active traders, especially those interested in Bitcoin and Ethereum options, by providing actionable insights and immediate trade discussions.

According to Greeks.live on Twitter, joining conversations with other options traders provides valuable real-time insights and strategies that directly influence trading decisions in the crypto derivatives market (source: Greeks.live Twitter, June 9, 2025). Engaging with such communities supports informed trading on platforms like Deribit, where sentiment and strategy discussions can impact implied volatility, open interest, and liquidity in major crypto options like Bitcoin and Ethereum.

According to Greeks.live, options trading is gaining significant traction as an advanced strategy for managing volatility and enhancing risk-adjusted returns in the cryptocurrency market. The tweet highlights growing adoption of options among traders, particularly for hedging and leveraging in major digital assets like Bitcoin and Ethereum. This trend signals increased market sophistication and may lead to greater liquidity and more complex trading products, impacting price discovery and volatility patterns in the crypto space (source: Greeks.live, June 1, 2025).

According to Flood (@ThinkingUSD), convexity has not yet manifested in the crypto markets, as evidenced by current market price action and liquidity dynamics (source: Twitter, May 21, 2025). For traders, this suggests that options and leveraged products tied to digital assets like Bitcoin and Ethereum may not be experiencing the amplified price moves typically associated with convexity. As a result, volatility strategies and hedging approaches that anticipate large, non-linear price swings may remain subdued until convexity emerges. Monitoring changes in implied volatility and open interest will be crucial for anticipating when convexity could impact crypto prices.

According to @iampaulgrewal, Coinbase has officially welcomed Deribit, signaling a significant partnership between two leading crypto platforms. This development is expected to expand the accessibility of crypto derivatives trading for institutional and retail traders on Coinbase, reinforcing its position in the global crypto market. Traders should closely monitor potential increases in trading volumes and liquidity in Bitcoin and Ethereum options as a result of this collaboration. Source: @iampaulgrewal on Twitter, May 8, 2025.

According to Crypto Rover, Coinbase has announced the acquisition of leading crypto options platform Deribit for $2.9 billion, a move set to significantly expand Coinbase’s presence in the derivatives market (source: Crypto Rover on Twitter, May 8, 2025). This acquisition positions Coinbase to compete directly with established derivatives exchanges and is likely to enhance liquidity and product offerings for institutional and retail traders. Market participants should monitor Deribit integration progress, as increased options trading capabilities on Coinbase could drive higher volatility and open interest in major cryptocurrencies such as Bitcoin and Ethereum.

According to Greeks.live, during their broadcast with crypto analyst Alex Kruger on May 6, 2025, key insights were shared about the current Bitcoin options market structure, highlighting a notable increase in implied volatility and open interest. This shift suggests that traders are positioning for significant price movements, which could impact both short-term and long-term trading strategies. The discussion emphasized how options flow and volatility metrics are critical for anticipating spot price action and risk management in crypto portfolios (source: Greeks.live x.com/i/broadcasts/1…).

According to Greeks.live, traders are focusing on high-liquidity Bitcoin and Ethereum options this week, with particular attention to near-the-money straddles and strangles due to increased implied volatility and macroeconomic event risks (source: https://twitter.com/GreeksLive/status/1916838599988830270). Greeks.live highlights that traders are adopting short-term expiry contracts to capitalize on rapid price swings and suggests monitoring open interest and put-call ratios for directional bias. These strategies are designed to manage risk and maximize profit potential in a volatile market environment.

According to CryptoQuant, Bitcoin options open interest surged by $2.2 billion in 24 hours, reaching $30.7 billion on April 22. This notable increase aligns with the rise in Bitcoin's price and futures open interest, indicating heightened market activity and potential bullish sentiment. Traders should monitor these metrics for signals of market trends and potential trading opportunities.

According to recent market data, the Bitcoin Options 25 Delta skew has shifted from neutral to bearish, despite bullish indicators such as rising prices, futures and options open interest, and dominant call positioning. This shift suggests increased hedging activity or that volatility sellers are offloading upside risk during periods of strength.

According to Greeks.live, the largest options block trade today involved a Bitcoin Bear Ratio Diagonal Spread. The trade consisted of selling 1,024BTC in current month flat calls while buying 512BTC in next month vanilla calls, with a total notional value of $130 million. This strategic move suggests expectations of moderate Bitcoin price movements, leveraging the spread to potentially capitalize on volatility shifts. Such trades indicate a sophisticated market participant aiming to balance risk and reward through calendar spreads, which could influence traders' strategies in the coming weeks.

According to Greeks.live, the Bitcoin options market is experiencing increased volatility as traders adjust their positions ahead of major economic announcements. The analysis highlights a surge in open interest, indicating heightened trading activity (source: Greeks.live).