The Ethereum options expire today at 4 PM. All the excitement is centered around the 2500 strike. The spot price is about 2495—it's just one last breath away.
For 2500 calls, last is about 4.2; for 2500 puts, last is about 9. Puts are more expensive.
Put trades are about 7,236 lots, worth 98,000; calls are about 4,490 lots, worth 96,800. The put side is busier. The spot is hugging the strike price, and the time value is dropping fast.
This is the structure on the expiry day, not the direction. Our exchange closes at 16:00. What happens before expiry is one thing; what happens after the close is another.
For 2500 calls, last is about 4.2; for 2500 puts, last is about 9. Puts are more expensive.
Put trades are about 7,236 lots, worth 98,000; calls are about 4,490 lots, worth 96,800. The put side is busier. The spot is hugging the strike price, and the time value is dropping fast.
This is the structure on the expiry day, not the direction. Our exchange closes at 16:00. What happens before expiry is one thing; what happens after the close is another.