📊 Options Flow — BTC & ETH

Deribit put/call ratio, implied volatility & large block trades · Updated 05 Jul 2026 17:00 UTC

BTC Options Flow

Spot: $62,875

BULLISH

PUT/CALL OI

0.56

<0.6 bull · >1.2 bear

PUT/CALL VOL

0.57

volume-weighted

ATM IMPLIED VOL

40.6%

spike >80.0% = big move

CALL OI

229,108

PUT OI: 127,299

P/C Ratio (24h)

ATM IV (24h)

Large Block Trades

Instrument	Side	Type	Size	Strike · Expiry
No large blocks in last scan

ETH Options Flow

Spot: $1,774

BULLISH

PUT/CALL OI

0.56

<0.6 bull · >1.2 bear

PUT/CALL VOL

1.23

volume-weighted

ATM IMPLIED VOL

56.0%

spike >80.0% = big move

CALL OI

936,630

PUT OI: 525,603

P/C Ratio (24h)

ATM IV (24h)

Large Block Trades

Instrument	Side	Type	Size	Strike · Expiry
ETH-17JUL26-1500-P	SELL	PUT	514 ETH	$1,500 · 17JUL26
ETH-10JUL26-1500-P	SELL	PUT	500 ETH	$1,500 · 10JUL26
ETH-10JUL26-1500-P	BUY	PUT	500 ETH	$1,500 · 10JUL26
ETH-8JUL26-1925-C	SELL	CALL	500 ETH	$1,925 · 8JUL26

Put/Call OI ratio = total put open interest ÷ call OI. Below 0.6 = bullish (calls dominate). Above 1.2 = bearish hedge buildup. ATM IV spike >80.0% = market pricing a big move. Large blocks = single trades ≥50 BTC or ≥500 ETH. Updates hourly.