BTSG Options Chain, Open Interest, and Volatility Data

BTSG Options Open Interest & Strategy Insights

BTSG – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
40	3630	0	3630
30	2403	53	2456
25	424	973	1397
35	1239	61	1300
15	130	182	312
20	70	167	237
22.5	128	16	144
17.5	21	56	77
45	26	15	41
12.5	0	16	16

BTSG – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.02	0.03	65.35%	64.93%	-0.42%

Data Analysis

Symbol: BTSG Current Price: 32.68
Max Pain: 40.00 (below)

📌 Absolute OI Peak: 40.00 (3630 contracts)
🛡️ Short-term Key Levels: 30.00（2456 contracts，major support） , 25.00（1397 contracts，major support） , 22.50（144 contracts，major support）

📈 Put/Call OI Ratio: 0.02 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.03 (bullish, Call volume dominant)

📊 Avg Call IV: 65.35%
Avg Put IV: 64.93%
IV Skew: -0.42% (Call and Put IV are close, neutral expectation)

⚠️ Unusual OI concentration at far OTM strike 40.00 (3630 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
2025-11-21	111	5	1895	0.045	Moderate Bullish 📈 (70) ⚠️
2025-12-19	60	34	443	0.567	Slight Bullish 📈 (60)
2026-01-16	33	25	242	0.758	Slight Bullish 📈 (60)
2026-04-17	5	64	278	12.800	Moderate Bearish 📉 (30) ⚠️
2026-09-18	3500	0	3500	0.000	Moderate Bullish 📈 (70) ⚠️
2026-12-18	0	0	0	0.000	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.