Bitcoin's Upcoming $14B Options Expiry Marked by Surge in Put-Call Ratio. What Does it Indicate?

Description

Bitcoin's BTC put-call ratio has jumped ahead of Friday's multi-billion-dollar options expiry on Deribit, but its traditional bearish interpretation may not tell the full story this time. The put-call open interest ratio refers to the ratio of active put contracts to active call contracts at a given time. An increase in the put-call ratio indicates a bias towards put options, offering protection against downside risks, and is interpreted as representing a bearish market sentiment. However, the l...