$ETH options traders are getting absolutely cooked.
$1.41B in total open interest, 919K calls vs 495K puts.
Put/call ratio sitting at 0.54.
The market is leaning toward calls, but if ETH decides to dump, these bullish positions are going to become a very expensive lesson.
Then only thing missing is ETH actually moving.
Because right now, the traders are doing more work than the price.
$1.41B in total open interest, 919K calls vs 495K puts.
Put/call ratio sitting at 0.54.
The market is leaning toward calls, but if ETH decides to dump, these bullish positions are going to become a very expensive lesson.
Then only thing missing is ETH actually moving.
Because right now, the traders are doing more work than the price.
