Cryp2Nova

Derivatives Openinterest Futures vs Options Openinterest Futures vs Options

Bitcoin

This compares total futures open interest against total options open interest.

Why it matters

It shows the balance between directional (futures) and optionality (options) positioning.

How it is built

Aggregate futures OI is plotted alongside aggregate options OI over time.

What to watch

A growing options share reflects more sophisticated hedging; futures dominance reflects directional speculation.

Related metrics