Whale Option Positions: Large Deribit Strike Bets
Beyond aggregate options metrics (put/call ratio, skew, max pain), BTCWEAPON.COM surfaces individual large open positions at specific strikes and expiries - single bets large enough in open interest to be worth watching on their own, rather than blended into an average.
Why individual positions matter: aggregate options data can hide a single outsized position that dominates the read at one particular strike. A large put position far below spot, for example, signals concentrated hedging or bearish conviction at that exact level - information an averaged put/call ratio wouldn't isolate on its own.
BTCWEAPON.COM lists the largest current positions with their strike, expiry, side (call or put), open interest size, and a valuation read on whether the position looks priced favorably or expensively relative to where BTC is trading now - context for judging how much conviction is actually behind that specific bet.