btc options flow for 2 june.

put/call oi ratio 0.62 — calls dominate open interest by a wide margin. put/call volume ratio 1.10 — puts traded slightly heavier today, a short-term flip.

nearest expiry 3jun26. max-pain at $71,000. atm iv 39.1%.

falsifiable line: if spot stays above $71k into expiry, dealer hedging from short call gamma unwinds and flips from positive to negative delta — accelerating any drop below max-pain.

canonical cta: more at falsifylab.com

#OnchainAlpha #BTCFlow $BTC

— research and educational content. not investment, legal, or tax advice. do your own research. positions and views may change without notice.

Originally published on FalsifyLab Substack.