BITOUSD20220930
BitoPro Exchange Token September 30 2022 Futures
crypto

https://preview.redd.it/yt5rnz5uwhef1.png?width=806&format=png&auto=webp&s=557c88bda06160f9f8cc16d045b91e678bb2fcb3
# ✅ BITO Option Chain Analysis
**Expiration:** 2025-07-25
**Current Price (approx.):** \~21.5
# 🔼 Call Side (Bullish Activity)
|Strike|Call Strength|Notes|
|:-|:-|:-|
|**21.5**|**+2.15 🟩**|**magnet**Strongest for bulls; notable volume + OI clustering|
|22|\+1.18 🟩|Moderate bullish interest above current price|
|25.5|\+0.94 🟩|Light bullish hedging far OTM|
|20|\+0.91 🟩|Some protective calls near ITM|
|19.5|\+0.12 🟩|Weak, negligible|
🔹 **Total Call Sentiment:** Mostly concentrated near **21.5** → bullish magnet forming.
# 🔻 Put Side (Bearish Activity)
|Strike|Put Strength|Notes|
|:-|:-|:-|
|**22.5**|**-26.32 🔴**|Heaviest bearish hedge, potential rejection zone|
|**23**|**-26.82 🔴**|Strong defensive wall above current price|
|**21.5**|\-4.21 🔴|Bearish bets at current price, but much weaker than upper strikes|
|20.5|\-7.75 🔴|Moderate downside hedging|
|20|\-4.76 🔴|Weak, but adds to downside layering|
🔹 **Total Put Sentiment:** Heavy **defensive pressure at 22–23**; downside hedging moderate but not overwhelming.
# ⚖️ MP / LP Zones (Magnet Price Logic)
* **MP (Most Proportional / Bull Magnet):** **21.5** → highest bullish strength cluster.
* **LP (Least Proportional / Bear Magnet):** **23** → strongest bearish rejection zone.
# 📊 Totals Overview (Visible Range)
* **Call Strength Total:** **\~ -70.5 (net negative due to many weak strikes)** but concentrated at 21.5 (local bull bias).
* **Put Strength Total:** **\~ -75.8** (bearish total, but mostly at distant strikes).
* **OI/Volume Bias:** Heaviest **Put OI** stacked at **22.5 & 23**, confirming defensive posture.
# 🔮 Scenarios & Forecast
# ✅ Bullish Scenario (if price holds >21.5)
* **Trigger:** 21.5 holds as support; call buyers defend magnet zone.
* **Path:** Push towards **22**, possibly retesting **22.5** if put walls weaken.
* **Time Estimate:** \~30–60 min after holding 21.5 with rising call volume.
# ❌ Bearish Scenario (if 21.5 breaks)
* **Trigger:** Failure at 21.5, volume shifts to puts.
* **Path:** Quick dip toward **20.5**, possibly testing **20** if put volume increases.
* **Time Estimate:** \~15–30 min after clear rejection at 21.5.
# 🧠 Directional Outlook & Trader Behavior
* **Bulls**: Concentrated near **21.5**, likely to defend this magnet. Expect quick scalps to 22 if momentum builds.
* **Bears**: Positioned heavily at **22–23**, indicating strong rejection zones. Bears are **not aggressive below 21**, suggesting **limited immediate downside unless volume spikes.**
* **Overall Bias**: **Neutral-to-Slightly Bullish** intraday, but capped below **22.5** unless bearish walls crumble.

Man I'm feeling old sitting here with 3/5ths BITO since Feb '24 that I called into my IRA holder to get access to and 2/5ths MSTY since June

https://preview.redd.it/yt5rnz5uwhef1.png?width=806&format=png&auto=webp&s=557c88bda06160f9f8cc16d045b91e678bb2fcb3
# ✅ BITO Option Chain Analysis
**Expiration:** 2025-07-25
**Current Price (approx.):** \~21.5
# 🔼 Call Side (Bullish Activity)
|Strike|Call Strength|Notes|
|:-|:-|:-|
|**21.5**|**+2.15 🟩**|**magnet**Strongest for bulls; notable volume + OI clustering|
|22|\+1.18 🟩|Moderate bullish interest above current price|
|25.5|\+0.94 🟩|Light bullish hedging far OTM|
|20|\+0.91 🟩|Some protective calls near ITM|
|19.5|\+0.12 🟩|Weak, negligible|
🔹 **Total Call Sentiment:** Mostly concentrated near **21.5** → bullish magnet forming.
# 🔻 Put Side (Bearish Activity)
|Strike|Put Strength|Notes|
|:-|:-|:-|
|**22.5**|**-26.32 🔴**|Heaviest bearish hedge, potential rejection zone|
|**23**|**-26.82 🔴**|Strong defensive wall above current price|
|**21.5**|\-4.21 🔴|Bearish bets at current price, but much weaker than upper strikes|
|20.5|\-7.75 🔴|Moderate downside hedging|
|20|\-4.76 🔴|Weak, but adds to downside layering|
🔹 **Total Put Sentiment:** Heavy **defensive pressure at 22–23**; downside hedging moderate but not overwhelming.
# ⚖️ MP / LP Zones (Magnet Price Logic)
* **MP (Most Proportional / Bull Magnet):** **21.5** → highest bullish strength cluster.
* **LP (Least Proportional / Bear Magnet):** **23** → strongest bearish rejection zone.
# 📊 Totals Overview (Visible Range)
* **Call Strength Total:** **\~ -70.5 (net negative due to many weak strikes)** but concentrated at 21.5 (local bull bias).
* **Put Strength Total:** **\~ -75.8** (bearish total, but mostly at distant strikes).
* **OI/Volume Bias:** Heaviest **Put OI** stacked at **22.5 & 23**, confirming defensive posture.
# 🔮 Scenarios & Forecast
# ✅ Bullish Scenario (if price holds >21.5)
* **Trigger:** 21.5 holds as support; call buyers defend magnet zone.
* **Path:** Push towards **22**, possibly retesting **22.5** if put walls weaken.
* **Time Estimate:** \~30–60 min after holding 21.5 with rising call volume.
# ❌ Bearish Scenario (if 21.5 breaks)
* **Trigger:** Failure at 21.5, volume shifts to puts.
* **Path:** Quick dip toward **20.5**, possibly testing **20** if put volume increases.
* **Time Estimate:** \~15–30 min after clear rejection at 21.5.
# 🧠 Directional Outlook & Trader Behavior
* **Bulls**: Concentrated near **21.5**, likely to defend this magnet. Expect quick scalps to 22 if momentum builds.
* **Bears**: Positioned heavily at **22–23**, indicating strong rejection zones. Bears are **not aggressive below 21**, suggesting **limited immediate downside unless volume spikes.**
* **Overall Bias**: **Neutral-to-Slightly Bullish** intraday, but capped below **22.5** unless bearish walls crumble.

Man I'm feeling old sitting here with 3/5ths BITO since Feb '24 that I called into my IRA holder to get access to and 2/5ths MSTY since June