[Ether Option Daily] Trading Volume Surges 70% in One Day… Betting Focus on $6,000 Call Option at the End of the Year

This article is machine translated
Show original

As Ethereum (ETH) price surged to $2,949, the derivatives market also saw a significant increase in trading volume and open interest, clearly reflecting rising expectations.

According to CoinGlass at 9 AM on the 11th, Ethereum option open interest totaled $9.12 billion, an approximately 13% increase from the previous day's $8.07 billion. Call options accounted for 64.56%, while put options were 35.44%.

By exchange, the Ethereum option open interest was recorded as follows: ▲Deribit $665 million ▲CME $33.175 million ▲OKX $1.09 billion ▲Binance $627.69 million ▲Bybit $419.03 million.

The most concentrated option contracts were ▲$6,000 call option (Deribit, expiring December 26) ▲$3,200 call option (July 25) ▲$3,000 call option (July 25).

  • $3,500 call option (July 25)
  • $3,000 call option (December 26)
  • $3,400 call option (July 25)
  • $2,800 call option (July 25)
  • $2,000 call option (December 26)
Deribit Ethereum Option Trading Volume Graph / CoinGlass

The most traded option contracts were ▲$2,900 call option (July 11, Bybit) ▲$2,800 call option (July 11, Deribit) ▲$3,200 call option (September 26, Deribit).

  • $2,800 call option (August 1)
  • $2,800 call option (July 25)
  • $2,900 call option (July 11, Binance)
  • $3,400 call option (July 25)
  • $3,200 call option (July 25)

The total Ethereum option trading volume over the past 24 hours was approximately $1.079 billion, a 70.7% increase from the previous day's total volume of $631.8 million. Call options accounted for 62.89%, while put options were 37.11%.

By exchange, the trading volumes were ▲Deribit $1.008 billion ▲CME $69.44 million ▲OKX $335.86 million ▲Binance $247.07 million ▲Bybit $285.24 million.

According to CoinMarketCap, Ethereum (ETH) was trading at $2,949 as of 10:05 AM on the 11th, a 6.18% increase from the previous day.

[This article does not provide financial advice, and the investment results are the sole responsibility of the investor.]

Real-time news...Go to Token Post Telegram

<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>

#EthereumOptionDaily#TokenPost#OpenInterest#CallOptionSurge#ETHDerivativesMarket#OptionTradingVolumeIncrease

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments