[Ether Option Daily] Outstanding Call Proportion 63%… $3,000 Call Centered Bullish Flow Continues

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In the Ethereum options market, open interest is maintained around the $3,000 call option, with short-term bullish expectations continuing. However, trading volume has significantly decreased, with some adopting a wait-and-see approach.

According to CoinGlass as of 10:25 AM on the 19th, the total Ethereum options open interest is approximately $7.48 billion, a 3.17% increase from the previous day ($7.25 billion).

Over the past 24 hours, Ethereum options open interest was recorded as $5.35 billion on Deribit, $1.04 billion on OKX, $457.24 million on Binance, $387.91 million on Bybit, and $251.70 million on CME.

The Ethereum options contract with the most open interest is the $3,000 call option (June 27) traded on Deribit, with 44,419 ETH accumulated.

Following this are ▲$6,000 call option (43,858 ETH, December 26) ▲$3,000 call option (42,962 ETH, December 26).

  • $2,000 call option (37,209 ETH, December 26)
  • $1,800 call option (35,454 ETH, June 27)
  • $3,200 call option (34,265 ETH, May 30)
  • $3,000 call option (31,624 ETH, May 30)
  • $2,400 call option (31,244 ETH, September 26)

Call option open interest is 1,846,381.67 ETH (63.45%), while put options are 1,063,782.21 ETH (36.55%), showing a further strengthened bullish sentiment.

Deribit Ethereum Options Trading Volume Graph / CoinGlass

The most traded option contract in a day was the $2,000 put option (May 20) on Deribit, with 12,190 ETH traded.

Following this were ▲$3,400 call option (8,402 ETH, July 25) ▲$1,200 put option (7,468 ETH, June 27).

  • $3,200 call option (7,223 ETH, July 25)
  • $2,050 put option (5,249 ETH, May 23)
  • $1,300 put option (4,668 ETH, June 27)
  • $2,300 put option (3,279 ETH, May 19)
  • $2,300 put option (3,012 ETH, May 23)

Call option trading volume is 163,081.04 ETH (45.85%), while put options are 192,606.89 ETH (54.15%), with the put proportion increasing compared to the previous day (call 53.16%). This suggests an expanded hedge demand in preparation for potential price adjustments.

Over the past 24 hours, Ethereum options trading volume was recorded as ▲Deribit $151.73 million ▲CME $2.25 million ▲OKX $140.02 million ▲Binance $95.53 million ▲Bybit $68.59 million. The total is approximately $608.85 million, a 64.47% decrease from the previous day ($1.74 billion), reflecting short-term profit-taking and a wait-and-see attitude.

According to CoinMarketCap, Ethereum was trading at $2,427 as of 10:25 AM on the 19th, a 2.28% decrease from the previous day.

[This article does not provide financial advice, and the investment results are the sole responsibility of the investor.]

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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