Ethereum Options Traders Focused on Calls Above $3,600 for June Expiry

Tuesday, 14 May 2024, 09:41

Traders in the ether options market are showing bullish sentiment as they target calls above $3,600 for the June expiry. The concentration of options at this strike price indicates optimism among derivatives traders. This focus on higher call options suggests anticipation of a potential price rise for Ethereum in the near term, reflecting positive market sentiment.
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Ethereum Options Traders Focused on Calls Above $3,600 for June Expiry

Ethereum Options Market Analysis

The distribution of June-expiry ether options reveals that derivatives traders are focused on calls above $3,600. This concentration at higher strike prices signals optimism among traders, indicating expectations of price appreciation for Ethereum leading up to the expiry.

Key Points:

  • Traders showing bullish sentiment
  • Options concentrated at $3,600 strike price
  • Market anticipating potential price rise

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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