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Ethereum Expects Volatility Before Expiration

Written by BrokerSC, on August 26, 2021 in the category:
Education + List


█ Ethereum Traders Expect Volatility Ahead of Friday's $820M Expiration. Ether ( ETH ) will face a critical $820M monthly options expiration on Friday, August 27th.

That will be the first time the $3,000 and above options will have a real fighting chance, even though the bulls appear to have missed a good chance to dominate. expiration because they were too optimistic about the potential price of Ether.
It's unclear why $140 million of neutral-to-bull call options were placed between $3,800 and $8,000, but these instruments will likely lose value as monthly expiration approaches.
Ether options add open interest for August 27. Source: Bybt.com
Continue reading in:
Coin Telegraph

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