Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Analyst: Ethereum put options expiring at the end of the month are concentrated at $2200

Analyst: Ethereum put options expiring at the end of the month are concentrated at $2200

2024/02/20 23:32
ETH-0.19%

The outstanding Ethereum options contracts due before the end of February show that the execution price of put options is concentrated at the $2,200 level. Although one analyst said this could be a hedge against bullish positions, it may also indicate a bearish short-term outlook for Ethereum. Jag Kooner, head of derivatives at Bitfinex, said: "The execution price for Ethereum put options is $2,200 and call options are priced at $2,400. This may suggest a bearish outlook in the short term as traders prepare for potential price declines."

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
FF launches Crypto Flywheel spin-off listing; new company to operate and raise funds independently
2
Analysis: Suspected Insider Trading in PancakeSwap's Trading Competition Held in July

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,067.36
+0.34%
Ethereum
Ethereum
ETH
$4,701.68
+5.48%
XRP
XRP
XRP
$3.1
+2.16%
Tether USDt
Tether USDt
USDT
$1
+0.03%
Solana
Solana
SOL
$242.12
+5.95%
BNB
BNB
BNB
$925.29
+2.46%
USDC
USDC
USDC
$0.9998
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2755
+7.71%
TRON
TRON
TRX
$0.3525
+1.75%
Cardano
Cardano
ADA
$0.9179
+2.71%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter