# [Altcoin options] Ether puts lead trading, Solana calls edge ahead and XRP shows strongest call bias By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/investing/44656 Published: 2026-10-30T12:23:45.000Z Updated: 2026-10-30T12:23:45.000Z Section: Investing > Ether’s 24-hour options trading favored puts, while Solana calls held a narrow lead. XRP showed the strongest call bias, with a trading-volume put/call ratio of 0.31. Ether options showed a defensive trading bias, while Solana calls held a modest lead and XRP recorded the strongest preference for calls. Open interest for the nearest listed expiries was put-heavy for Ether, nearly balanced for Solana and strongly call-heavy for XRP. Ether options expiring on October 31 had more than twice as much put open interest as call open interest. Solana’s October 31 positions were almost evenly split, while calls dominated XRP’s November 27 expiry. Across all expiries, recent trading favored Ether puts and calls in Solana and XRP. The October 30 snapshot showed open interest for those expiries equivalent to 44,858 ETH, worth $101.89 million; 29,340 SOL, worth $2.84 million; and 6,588,000 XRP, worth $8.21 million. These quantities represent underlying-token units. The corresponding open-interest put/call ratios were 2.19 for Ether, 1.00 for Solana and 0.27 for XRP. Ether’s October 31 expiry held 14,084 ETH in call open interest against 30,774 ETH in puts. Solana’s equivalent figures were 14,650 SOL and 14,690 SOL, leaving puts marginally ahead. XRP’s November 27 expiry held 5,193,000 XRP in calls against 1,395,000 XRP in puts, giving it the clearest call bias. Max pain—the settlement price associated with the greatest aggregate loss for option buyers—was $2,280 for Ether’s October 31 expiry, $97 for Solana’s October 31 expiry and $1.32 for XRP’s November 27 expiry. Ether’s largest open-interest position for the October 31 expiry was the $2,000 put, followed by the $2,150 and $2,280 puts. All three leading positions were puts, with strikes at or below max pain. Solana’s largest October 31 position was the $100 call, followed by the $97 put and $101 call. The leading positions combined puts at max pain with calls at higher strikes. ![ Altcoin options Ether puts lead trading, Solana calls edge ahead and XRP shows strongest call bias]() XRP’s largest November 27 position was the $2.20 call, followed by the $2.10 and $2 calls. All three leading positions were calls with strikes above the $1.32 max-pain level. The most actively traded Solana options included the October 31 $100 call and December 25 $95 put. Over the latest 24 hours, trading across all expiries totaled the equivalent of 282,407 ETH, 205,610 SOL and 4,069,000 XRP in underlying-token units. The trading-volume put/call ratios were 1.69 for Ether, 0.87 for Solana and 0.31 for XRP. Ether put volume reached 177,236 ETH against call volume of 105,171 ETH, indicating a defensive tilt. Solana calls modestly led puts, at 110,140 SOL against 95,470 SOL. XRP showed the strongest call preference, with 3,113,000 XRP in call volume against 956,000 XRP in puts. Most actively traded options Ether: $2,000 put (November 13) | $2,150 put (November 27) | $3,200 call (December 25) | $1,800 put (November 13) | $2,200 put (October 31). Solana: $100 call (October 31) | $95 put (December 25) | $85 put (December 25) | $165 call (December 25) | $96 put (October 31). XRP: $1.60 call (December 25) | $2 call (November 27) | $2.20 call (November 27) | $1.85 call (December 25) | $1.30 put (December 25). The October 30 price snapshot showed Ether (ETH) at $2,236.13, down 3.85% over 24 hours. Solana (SOL) traded at $96.61, down 3.81%, while XRP stood at $1.25, down 3.39%. [Editor’s note] Options give buyers the right to buy or sell an underlying asset at a specified strike price. Calls can express upside exposure and puts can express downside exposure, while either can form part of a hedge. Open interest measures outstanding positions; a call or put bias alone does not establish traders’ overall market exposure.