[Bit Options Daily] Open Interest at $28.70574 billion; $79,000 Call Options Lead in Trading Volume

Bitcoin options open interest rose 1.37% to $28.71 billion as of Feb. 2, up from $28.32 billion the prior day, per CoinGlass data, while 24-hour options volume stood at roughly $1.63 billion. Call options dominate open interest at 57.77% versus 42.23% for puts, indicating medium-term positioning skews bullish, though the near-term picture is more balanced with 24-hour volume split 52.00% calls to 48.00% puts. The $79,000 strike led call option trading volume, marking a key level for upside positioning. The narrowing gap between calls and puts in short-term trading suggests traders are hedging against downside risk even as medium-term bets favor gains. Market participants will watch whether the call-heavy open interest structure holds and how the $79,000 strike level influences near-term price action.