# [ETH options daily] Open interest falls to $6.04 billion; $2,450 calls lead volume

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/38918
Published: 2026-10-23T11:24:53.000Z
Updated: 2026-10-23T11:24:53.000Z
Section: Investing

> Ethereum options open interest declined 4.29% to $6.04 billion. Calls led outstanding positions and daily turnover, with Binance’s October 26 $2,450 call topping volume.

Ethereum options open interest fell 4.29% from the previous day to $6.04 billion. Calls accounted for the majority of both outstanding positions and daily trading, with Binance’s $2,450 call expiring October 26 leading trading volume.

Calls held a larger share of accumulated Ethereum options positions than of daily turnover, indicating a difference in the composition of outstanding contracts and shorter-term trading activity.

As of October 23 at 11:23 UTC, total Ethereum options open interest stood at $6.04 billion, down from $6.32 billion the previous day. Daily options trading volume totaled $1.13 billion.

Calls represented 63.31% of open interest, while puts accounted for 36.69%. By daily trading volume, calls held a 59.94% share and puts 40.06%.

The call majority in open interest showed that outstanding positions were more heavily concentrated in calls. Calls also led daily turnover, although their smaller share of volume indicated a less pronounced imbalance in recent trading.

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The leading contracts by open interest were Deribit’s $3,200 call expiring December 25, followed by its $2,200 call expiring December 25 and its $2,600 call expiring October 30.

The top contracts by daily trading volume were Binance’s $2,450 call expiring October 26, Binance’s $2,475 call expiring October 24 and Bybit’s $2,750 call expiring October 25.

Editor’s note: Options give holders the right to buy or sell an underlying asset at a specified strike price under the contract’s terms. Calls provide the right to buy, while puts provide the right to sell. Investors can use options for leveraged exposure or to hedge existing positions. Open interest measures outstanding contracts and indicates the accumulated scale of positioning.

Comparing call and put shares across open interest and trading volume helps distinguish accumulated positions from recent activity. A higher call share alone does not establish market direction, since options can form part of hedges and strategies involving multiple contracts.