Market Pulse: Mixed Signals: Bitcoin Options Show 58% Calls vs 42% Puts as Price Holds Steady
Latest reporting indicates that bitcoin derivatives markets are sending mixed signals Saturday as open interest climbs back toward $30 billion as options and futures traders hold positions across every major venue.
Key Takeaways: According to coinglass.com stats, total BTC options open interest sits at roughly $30 billion as of May 2, 2026, with bitcoin changing hands at $78,418.
The figure marks a recovery from the lows seen in late January and February, when open interest dropped below $25 billion alongside a price slide that took bitcoin under $70,000.
Futures open interest (OI) tells a similar story.
Exchange-level data shows Binance leading with 134,620 BTC in futures open interest worth $10.55 billion, followed by CME at 117,320 BTC at $9.20 billion.
Gate holds 68,860 BTC at $5.40 billion, while MEXC logs 78,430 BTC worth $6.15 billion.
CME’s 24-hour OI change of plus 6.16% stands out against the rest of the field.
Most other exchanges posted mild declines over the same window, with BingX a notable outlier, shedding 54.60% in 24-hour OI.