Q2. How many long vs short option contracts have been bought on opyn? What’s their value? Has there been any liquidations?

Method :

• I used 0xf1B99e3E573A1a9C5E6B2Ce818b617F0E664E86B contract for long options.
• also used 0x3b4095D5ff0e629972CAAa50bd3004B09a1632C5 contract for short options.

• As we can see, from early 2022 to March 25, the number of short option contracts bought on most days is higher than long option contracts. But on March 29 and 30, the number of sales of long contracts reached its peak, and since then, the number of short option contracts has increased again. long option contract sales seem to have increased again since mid-June.

• 61% of all contracts bought on Opyn are short option contracts. This could be due to the bear market.

• Total number of Long option contracts bought on OPYN : 258 .
• Total number of short option contracts bought on OPYN : 564.

Opyn Squeeth (oSQTH) vs short Squeeth (sSQU):

• oSQTH is a ERC-20 token for long positions.
• sSQU is an ERC-721 NFT for short positions.

reference.

• The volume of short Squeeth bought on OPYN is much higher than Opyn Squeeth(Long) till Mar 8 but after that the volume of Opyn Squeeth(Long) Has become more.

• Total amount of oSQTH bought on Opyn :45.291 K.
• Total amount of sSQU bought on Opyn : 32K.

Concolusion :

From the above analysis, we obtained the following results:

1. from early 2022 to March 25, the number of short option contracts bought on most days is higher than long option contracts. But on March 29 and 30, the number of sales of long contracts reached its peak, and since then, the number of short option contracts has increased again. long option contract sales seem to have increased again since mid-June.
2. 61% of all contracts bought on Opyn are short option contracts. This could be due to the bear market.
3. Total number of Long option contracts bought on OPYN : 258 .
4. Total number of short option contracts bought on OPYN : 564.
5. The volume of short Squeeth bought on OPYN is much higher than Opyn Squeeth(Long) till Mar 8 but after that the volume of Opyn Squeeth(Long) Has become more.
6. Total amount of oSQTH bought on Opyn :45.291 K.
7. Total amount of sSQU bought on Opyn : 32K.