Open Positions in Ether Options Expiring at the End of April Suggest Bullish Sentiment
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.
You may also like
Data: Approximately 157,100 SOL, worth about $220 millions, flowed into a certain exchange's Prime.
Amazon launches custom AI chip Trainium3 as Nvidia faces a new wave of competition
Uniswap partners with European financial app Revolut
"Big Short" Michael Burry: Bitcoin is the "tulip bulb" of our era and has no value