BTG Options Chain, Open Interest, and Volatility Data

BTG Options Open Interest & Strategy Insights

BTG – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
4	104535	5801	110336
7.5	94929	575	95504
5	66030	7183	73213
5.5	67581	3645	71226
4.5	54770	11445	66215
3.5	42424	3879	46303
3	25366	17763	43129
2.5	33005	5811	38816
1.5	8594	21019	29613
2	11966	15423	27389

BTG – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.16	0.14	67.31%	64.61%	-2.70%

Data Analysis

Symbol: BTG Current Price: 4.03
Max Pain: 7.50 (below)

📌 Absolute OI Peak: 4.00 (110336 contracts)
🛡️ Short-term Key Levels: 3.50（46303 contracts，minor support） , 3.00（43129 contracts，minor support） , 2.50（38816 contracts，minor support）

📈 Put/Call OI Ratio: 0.16 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.14 (bullish, Call volume dominant)

📊 Avg Call IV: 67.31%
Avg Put IV: 64.61%
IV Skew: -2.70% (Call IV higher than Put IV by 2.70%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 7.50 (95504 contracts), sentiment: bullish (Call OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	175	0	1681	0.000	Moderate Bullish 📈 (70) ⚠️
2025-11-14	19	9	1382	0.474	Moderate Bullish 📈 (70)
2025-11-21	522	200	30047	0.383	Moderate Bullish 📈 (70)
2025-11-28	67	25	1455	0.373	Moderate Bullish 📈 (70)
2025-12-05	43	2	161	0.047	Moderate Bullish 📈 (70) ⚠️
2025-12-12	16	0	55	0.000	Moderate Bullish 📈 (70) ⚠️
2025-12-19	654	54	7552	0.083	Moderate Bullish 📈 (70) ⚠️
2026-01-16	1759	431	153453	0.245	Strong Bullish 📈💥 (85) ⚠️
2026-04-17	853	240	53408	0.281	Strong Bullish 📈💥 (85) ⚠️
2026-05-15	205	0	10766	0.000	Moderate Bullish 📈 (70) ⚠️
2026-08-21	32	0	797	0.000	Moderate Bullish 📈 (70) ⚠️
2026-11-20	76	0	438	0.000	Moderate Bullish 📈 (70) ⚠️
2027-01-15	371	114	59621	0.307	Strong Bullish 📈💥 (85)
2028-01-21	698	4	47281	0.006	Moderate Bullish 📈 (70) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.