Ethereum Options Traders Focused on Calls Above $3,600 for June Expiry
Tuesday, 14 May 2024, 09:41
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.