The notional value of Ethereum call options expiring at the end of June on Deribit exceeds $1.8 billion, with strike prices concentrated above $3,600
According to Deribit's data, the term structure of open positions for Ethereum options shows a concentration of call options expiring at the end of June, including over 617,000 contracts with a nominal value of over $1.8 billion. CoinShares research assistant Luke Nolan stated that the exercise price of Ethereum call options expiring at the end of June is concentrated above $3,600, with $6,500 being the most popular exercise price. This analyst emphasized that before the June expiration, the maximum nominal value of open positions at an exercise price of $6,500 is $192 million, reflecting some traders' confidence in Ethereum's ability to reach or exceed this level. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
