BTC Options Market Shows Distinct Gamma Structure

According to BlockBeats, on-chain data analyst Murphy has analyzed the current structure of the BTC options market, revealing a distinct Gamma configuration characterized by a predominance of Call buying at higher levels and Put selling at lower levels. This creates a typical 'short on top, long on bottom' Gamma structure. When the price is within the dense Call buying range of $113,000 to $125,000, market makers find themselves in a short Gamma zone. In this scenario, price increases necessitate passive spot buying for hedging, which can amplify upward movements source: https://www.binance.com/en/square/post/30866337558354?utm_source=BinanceNewsRSS