BITO / ProShares Trust - ProShares Bitcoin ETF - Put/Call Ratio, Options Sentiment, Unusual Options Activity

ProShares Trust - ProShares Bitcoin ETF
US ˙ ARCA ˙ US74347G4405

Put/Call Ratios - Forward Looking and Historical

The OI Put/Call Ratio for BITO / ProShares Trust - ProShares Bitcoin ETF is 0.47. The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Update Frequency: Daily

See top companies with the most optimistic put/call ratios.

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.
BITO / ProShares Trust - ProShares Bitcoin ETF Put/Call Ratio by Expiry
Expiry DTX Open Put
Interest
Open Call
Interest
Put/Call
Ratio
2025-09-12 6 4,834
2025-09-19 13 17,197
2025-09-26 20 2,967
2025-09-30 24 13,380
2025-10-03 27 808
2025-10-10 34 84
2025-10-17 41 2,081
2025-10-24 48 14
2025-12-19 104 9,395
2025-12-31 116 4,738
2026-01-16 132 79,445
2026-03-20 195 616
2026-03-31 206 2,859
2026-06-30 297 176
2027-01-15 496 14,706
BITO / ProShares Trust - ProShares Bitcoin ETF Put/Call Ratio
Date Put OI Put OI
(OTM)
Call OI Call OI
(OTM)
Put/Call
Ratio
Put/Call
Ratio (OTM)
2025-09-05 158,460 94,406
2025-09-04 157,728 92,973
2025-09-03 158,747 92,381
2025-09-02 168,419 91,979
2025-08-29 174,567 100,191
2025-08-28 174,289 101,652
2025-08-27 173,777 101,279
2025-08-26 173,529 101,227
2025-08-25 169,443 98,463
2025-08-22 177,047 117,306
2025-08-21 177,196 99,251
2025-08-20 176,854 112,020
2025-08-19 175,336 111,120
2025-08-18 172,753 111,306
2025-08-15 181,169 115,082
2025-08-14 180,623 121,951
2025-08-13 178,700 123,474
2025-08-12 176,931 119,637
2025-08-11 174,546 118,632
2025-08-08 181,051 117,545
Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

BITO / ProShares Trust - ProShares Bitcoin ETF Call Options Volume BITO / ProShares Trust - ProShares Bitcoin ETF Put Options Volume
Date Put
Volume
Put
OI
Put Volume
/Put OI
Call
Volume
Call
OI
Call Volume
/Call OI
2025-09-05 8,999 158,460 18,444 334,365
2025-09-04 6,283 157,728 13,955 326,380
2025-09-03 3,389 158,747 11,097 322,459
2025-09-02 8,262 168,419 21,778 313,933
2025-08-29 13,754 174,567 211,669 319,973
2025-08-28 3,932 174,289 7,798 318,466
2025-08-27 3,593 173,777 9,799 315,939
2025-08-26 10,618 173,529 10,135 310,996
2025-08-25 12,396 169,443 13,925 305,291
2025-08-22 8,390 177,047 22,908 313,235
2025-08-21 2,468 177,196 5,908 311,672
2025-08-20 3,682 176,854 13,767 307,113
2025-08-19 6,359 175,336 10,823 304,395
2025-08-18 7,138 172,753 12,645 299,358
2025-08-15 9,817 181,169 17,428 317,599
2025-08-14 7,100 180,623 15,393 314,655
2025-08-13 7,439 178,700 22,335 307,156
2025-08-12 5,407 176,931 6,656 305,649
2025-08-11 7,239 174,546 19,608 298,216
2025-08-08 11,677 181,051 14,988 308,580
2025-08-07 3,902 180,537 13,658 304,656
2025-08-06 2,893 180,434 9,728 300,050
2025-08-05 6,155 180,853 8,356 297,422
2025-08-04 4,725 180,128 16,889 289,212
2025-08-01 23,519 187,019 23,322 301,146
Source: CBOE
Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Date Put
Premium Bought
Put
Premium Sold
Net Put
Premium Bought
Call
Premium Bought
Call
Premium Sold
Net Call
Premium Bought
Net Long
Premium Bought
2025-09-05 165,031 115,401 49,630 332,286 169,117 163,169 113,539
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
2025-08-11
2025-08-08
Source: CBOE
Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Date Put Θ
(Avg)
Call Θ
(Avg)
Θ
(Avg)
Put Γ
(Avg)
Call Γ
(Avg)
Γ
(Avg)
Put Δ
(Avg)
Call Δ
(Avg)
Δ
(Avg)
2025-09-05
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
2025-08-11
2025-08-08
Option Trading Volume - Total Market

Update Frequency: Daily

Date Put
Volume
Put Volume
(20d ma)
Put
Volume/20ma (%)
Call
Volume
Call Volume
(20d ma)
Call
Volume/20ma (%)
Total Volume Put/Call
Volume
Put/Call
Volume (20d ma)
2025-09-05 8,999 6,578 136.80 18,444 13,461 137.02 27,443 0.49 0.49
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
2025-08-11
2025-08-08
Source: CBOE
Option Trading Volume - Exchange

Update Frequency: Daily

Date CBOE C2 EDGX BZX PHLX NASDAQ BX GEMX ISE MRX AMEX ARCA MIAX PEARL EMLD BOX Total
2025-09-05 3,793 494 1,726 1,061 4,468 620 174 279 3,096 1,363 1,486 1,944 3,126 535 573 593 27,443
2025-09-04 1,960 117 712 759 1,586 236 225 89 1,641 1,661 1,914 1,150 1,149 1,393 784 988 20,238
2025-09-03 940 165 1,076 431 1,370 147 133 117 959 1,055 1,368 1,478 1,502 289 767 1,690 14,486
2025-09-02 1,945 1,506 2,267 1,459 2,977 1,057 241 598 2,901 1,246 1,866 4,165 2,140 1,706 866 1,081 30,040
2025-08-29 2,946 1,358 2,643 3,710 111,455 409 379 594 4,702 4,048 2,013 5,396 4,083 772 1,571 75,470 225,423
2025-08-28 832 82 201 1,122 984 139 58 574 1,431 559 744 1,094 1,723 337 226 742 11,730
2025-08-27 961 98 343 814 659 62 32 137 2,805 396 684 1,578 3,300 241 351 516 13,392
2025-08-26 1,976 393 760 1,580 1,226 167 128 127 1,548 761 880 5,756 2,171 361 551 1,133 20,753
2025-08-25 2,515 412 1,270 2,277 1,097 1,943 241 504 2,365 937 1,334 3,762 3,103 863 582 1,838 26,321
2025-08-22 3,656 836 2,602 2,222 1,978 531 90 622 2,755 1,960 1,477 2,552 4,594 725 765 1,501 31,298
2025-08-21 645 77 323 654 1,051 112 60 100 835 347 450 954 1,313 152 180 360 8,376
2025-08-20 1,619 488 361 789 1,129 1,261 67 163 1,518 2,385 717 1,980 2,779 338 459 752 17,449
2025-08-19 1,416 157 999 1,138 1,224 474 152 424 1,908 903 1,474 2,285 1,318 354 667 1,059 17,182
2025-08-18 1,916 339 960 1,492 1,777 590 191 223 2,992 728 1,139 1,604 2,450 141 486 1,528 19,783
2025-08-15 3,188 1,073 1,349 1,343 1,426 743 188 459 4,056 929 1,506 1,754 2,003 2,239 510 1,462 27,245
2025-08-14 2,569 285 892 1,253 1,953 318 86 352 2,522 1,863 825 2,264 3,238 436 805 1,546 22,493
2025-08-13 2,410 329 1,412 2,305 2,074 738 392 386 2,828 3,186 1,223 3,641 3,317 900 1,150 1,802 29,774
2025-08-12 872 166 1,242 668 643 212 47 346 1,345 648 512 1,620 1,195 189 361 512 12,063
2025-08-11 2,376 268 2,312 1,373 2,150 613 394 730 2,860 1,498 1,108 2,418 2,526 1,174 1,056 1,442 26,847
2025-08-08 3,127 1,672 1,797 1,431 1,845 857 217 464 2,696 732 805 2,595 2,964 429 820 1,347 26,665
Source: CBOE
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