Greeks.live|Aug 10, 2026 12:44
BTC options positioning remains concentrated across the $65k–$80k region, with the largest positive gamma exposure centered at $70k. Additional concentrations are visible around $67k–$68k, $72k, $78k, and $80k, leaving the positive gamma profile distributed across several nearby strikes but dominated by the $70k node.
Below this range, negative gamma remains concentrated primarily across the $50k–$62k area, with the most significant exposure located at $60k. This creates a clear separation in the current GEX distribution between negative gamma at lower strikes and positive gamma from the mid $60k region upward.
Across expirations, the larger concentrations are primarily associated with August, September, and December maturities. The $70k concentration includes exposure across multiple expiries, while several of the higher strike gamma positions show a greater contribution from longer dated contracts.
Overall, the current GEX profile is characterized by a dominant $70k positive gamma concentration, secondary positioning through $72k–$80k, and a comparatively concentrated negative gamma pocket around $60k. The majority of observed gamma exposure remains clustered within a relatively narrow set of strikes between the low $60k and low $80k region.
Important to note that these do not include IBIT data(Greeks.live)
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