Analyzing Options Flow

Overview

Track and analyze crypto options flow on centralized derivatives exchanges (Deribit, OKX, Bybit) to identify institutional positioning, gauge market sentiment, and detect unusual activity in BTC and ETH options markets.

Prerequisites

• API credentials for at least one crypto derivatives exchange (Deribit API key recommended; OKX or Bybit as alternatives)
• Python 3.8+ with requests and websocket-client libraries installed
• Optional: pandas and numpy for advanced statistical analysis of flow data
• Understanding of options terminology: strike price, expiry, implied volatility, delta, gamma, open interest, and premium
• Network access to exchange WebSocket feeds for real-time flow monitoring

Instructions