Ether options open interest concentrates at $5,000 calls for end-of-June expiry
The largest cluster of open interest for ether options is currently $5,000 calls for the end-of-June expiry — indicating a bullish outlook with traders using call spreads between $4,000 and $5,000 to position for potential price rises, analysts said. "When we examine derivatives data, we notice that the highest open interest for ether is currently in the June $5,000-call option," SynFutures co-founder Rachel Lin told The Block.
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