Bitcoin Options Shift Call-Heavy with 61 Percent Open Interest Share

Calls accounted for 61.39 percent of Bitcoin options open interest on September 14 coverage compared with 38.61 percent for puts. The split translated into roughly 305530 BTC in call open interest against 192126 BTC in put open interest. Call volume hit 18892 BTC while put volume reached 12498 BTC over the same window.

Futures open interest totaled 52.64 billion dollars or about 676820 BTC. Binance carried 11.11 billion dollars of that amount for a 21 percent share. CME held 8.45 billion dollars or 16 percent of the aggregate. The 25-delta skew flipped positive around August 20 for the first time in roughly twelve months.

Spot Bitcoin traded near 77943 dollars on dated CoinGecko readings. The market held inside the high 70000s range with modest daily candles. Aggregate funding stayed positive near 0.0066 percent and futures open interest rose about 2 percent.

Leadership in the options move

The call share at 61.39 percent marked the clearest bullish tilt in options positioning in a year. Volume leadership followed the same direction with call flow outpacing puts by more than 6000 BTC. Larger positions clustered at strikes of 80000 dollars 85000 dollars and 100000 dollars. Those levels reflect expectations priced into the options book rather than spot direction alone.

Futures open interest scale

The 52.64 billion dollars futures open interest figure shows steady participation across major venues. Binance and CME together accounted for more than one third of the total. The 676820 BTC notional size indicates sustained leverage interest without immediate signs of compression.

Price action contrast with Bored Ape Yacht Club

Bitcoin derivatives printed a call-heavy structure while spot held steady in the high 70000s. In contrast Bored Ape Yacht Club collections have shown more variable candle paths tied to collection-specific events and holder activity. Bitcoin options skew turned positive on August 20 and remained so through the September 14 print. BAYC price action has often reflected different drivers such as mint timing or secondary market liquidity rather than broad futures and options flows.

The Bitcoin story centers on the 61.39 percent call share and 52.64 billion dollars futures open interest. BAYC moves have instead tracked community cycles and collection milestones without the same derivatives overlay. This separation keeps the two price paths distinct in both scale and market structure.

Funding and skew context

Positive funding near 0.0066 percent aligned with the call tilt. The 2 percent rise in futures open interest added further weight to the derivatives picture. The positive 25-delta skew since late August supplied the first sustained bullish reading in twelve months. Together these readings form the core of the September 14 snapshot.

Traders can track the same metrics on subsequent prints to watch whether the call share expands or contracts. The current numbers sit on the options board and futures ledger without requiring external catalysts to explain the leadership already visible in the data.