Open Positions in Ether Options Expiring at the End of April Suggest Bullish Sentiment

Bitget App

Trade smarter

2024/04/08 16:41

According to Mars Financial News, approximately $3.3 billion worth of Ethereum options are set to expire at the end of April, with about two-thirds being used for call options or bullish bets on price." Data shows that the ratio of put options to call options expiring at the end of April is currently 0.45, which is lower than 1 indicating that the trading volume of call options exceeds that of put options, suggesting a bullish sentiment in the market.

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.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

AIsa's cumulative transaction count on the x402 network has surpassed 10.5 million, making it the largest transaction contributor in the x402 ecosystem.

Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.