How Are Market Sentiments Reflected in Options Positioning?

[cryptohog]

Options data shows bullish sentiment for both assets:

Bitcoin: Put/Call ratio (PCR) 0.63, more calls than puts

Ethereum: PCR 0.64, calls outnumber puts by 1.5x+
This suggests traders are betting on upward price movements, but the concentration of open interest near key strike prices indicates heightened short-term volatility.

[Rimon Khan]

Options flows often reveal true sentiment before spot markets react.

[EmTeam]

Positioning shifts can signal major trend reversals long before charts do. ️