Ether options OI at $5.85 billion as $2,750 call leads volume

Ether options open interest fell 0.12% to $5.85 billion, while calls maintained the lead in both open interest and trading volume.

The Ether options market remained tilted toward calls across outstanding positions and 24-hour trading activity.

As of Oct. 18, Ether options open interest totaled $5.85 billion, down 0.12% from $5.86 billion previously. Options trading volume stood at $627.61 million.

Calls accounted for 62.29% of open interest, compared with 37.71% for puts. By 24-hour volume, calls represented 61.29% and puts 38.71%.

The higher call share in open interest indicates that outstanding positions were more heavily weighted toward upside exposure. Calls also led trading volume, showing a similar tilt in shorter-term activity.

The largest open-interest contracts were the $3,200 call expiring Dec. 25 on Deribit, the $2,200 call expiring Dec. 25 on Deribit and the $2,600 call expiring Oct. 30 on Deribit.

The leading contracts by 24-hour volume were the $2,750 call expiring Oct. 19 on Bybit, the $2,475 call expiring Oct. 19 on Binance and the $2,500 call expiring Oct. 19 on Binance.

Editor’s note Options are derivatives used to gain leveraged exposure to price movements or hedge existing positions. A call grants the right to buy an underlying asset at a predetermined price, while a put grants the right to sell. Open interest measures the total number of options contracts that remain outstanding.

Call and put shares, alongside changes in open interest and volume, can help distinguish longer-term positioning from shorter-term trading. Rising open interest can signal new position formation, while differences between open-interest and volume composition may reflect hedging or volatility-related demand.

This article is based on market data and chart analysis and does not constitute investment advice.