Bitcoin options show 58% calls vs 42% puts as price steadies near $78K ahead of May 3 expiry

Bitcoin derivatives markets show mixed signals with total open interest nearing $30 billion as of May 2, 2026. Binance leads futures open interest with 134,620 BTC, while CME posts a 6.16% 24-hour gain. Calls dominate options open interest at 58%, with the largest single contract a Deribit $80,000 call expiring May 29. Bitcoin trades near $78,418, close to Deribit's $78,000 max pain level for the May 3 expiry, suggesting options dealers could influence price action soon.