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Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400
Ethereum (ETH) options open interest increased by 5 fold over the past three months to reach $337 million. Although this figure pales in comparison to the current $1.8 billion Bitcoin (BTC) options market, Ether options have grown to reach the same size the BTC options market was roughly 15 months ago. chart Options are divided into two basic instruments: calls, aimed mostly for bullish strategies, and puts, used chiefly on bearish trades. This is a simplistic view, but it provides a bird’s-eye-view of what professional traders expectations are as large trades weigh heavier on the index. chart This put/call ... (full story)