CoinShares PLC Ordinary Shares (CSHR) Volume & Open Interest
Volume and open interest by strike show where trading activity and outstanding positions are concentrated. Clusters of OI often act as support and resistance levels.
CoinShares PLC Ordinary Shares (CSHR) operates in the Financial Services sector, specifically the Financial - Capital Markets industry, with a market capitalization near $329.1M, listed on NASDAQ, employing roughly 98 people, carrying a beta of -1.61 to the broader market. CoinShares PLC engages in the creating financial products with digital assets and blockchain technology business in Jersey. Led by Jean-Marie Mognetti, public since 2026-04-01.
Snapshot as of May 29, 2026.
- Spot Price
- $5.00
- Total Volume
- 18
- Total OI
- 1.1K
- Call OI
- 399
- Put OI
- 744
- Gamma Concentration
- 0.75
As of May 29, 2026, CoinShares PLC Ordinary Shares (CSHR) has 18 contracts traded today against 1.1K contracts outstanding. Open interest breaks down as 399 calls and 744 puts. Turnover ratio is 0.02: typical maintenance flow relative to existing positions. Gamma concentration is 0.75: open interest clusters at a few strikes, creating localized hedging pressure. Comparing today's volume to accumulated open interest reveals whether flow is opening new positions or closing existing ones, with heavy OI strikes often acting as support and resistance.
How CSHR volume & open interest Data Feeds Strategy Selection
Strategy selection on CoinShares PLC Ordinary Shares options does not derive from any single metric in isolation. The volume & open interest view above sits inside a broader read: ATM IV currently sits at 128.2% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the volume & open interest data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the CSHR volume and OI data
The two-panel chart above splits CoinShares PLC Ordinary Shares contract activity into volume (daily flow) and open interest (cumulative inventory) per strike. The per-strike grid table beneath gives the precise numbers for the densest 30 strikes. Current put/call ratio is 0.50, call-heavy - speculative or bullish positioning dominates. Total call OI of 399 versus put OI of 744 gives a put/call OI ratio of 1.86 - structurally a slower-moving signal than the volume-based ratio.
CSHR flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. The per-strike grid distinguishes the strikes attracting flow today from the strikes carrying accumulated inventory - high volume at strikes that also carry high OI typically means rolling activity (closing front-month, opening longer-dated), high volume at low-OI strikes typically means fresh directional positioning. Combined with the current negative dealer-gamma regime, large OI clusters tend to act as price repellents that accelerate moves through key strikes.
Using CSHR OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for CSHR sits at 20 days, so near-dated volume currently dominates the flow reading.
Learn how volume and open interest is reported and how to read the data →
Frequently asked CSHR volume & open interest questions
- What is the CSHR options turnover ratio?
- As of May 29, 2026, CSHR turnover ratio is 0.02 (18 contracts traded against 1.1K contracts outstanding). A turnover ratio below 0.5 is typical maintenance flow against existing positions.
- Where is CSHR open interest concentrated?
- Gamma concentration is 0.75: open interest clusters at a few strikes, creating localized hedging pressure that often pins price. The full per-strike open-interest distribution is visible in the chain view.
- Why does volume-open-interest matter for CSHR options?
- Volume tells you what is being traded today; open interest tells you what was already there. The combination separates opening flow (today's volume building new positions) from closing flow (today's volume unwinding existing ones), and locates the strikes that carry hedging-driven support or resistance based on dealer-gamma concentration.