Coinglass data showed Ether (ETH) options open interest rose to $5.94 billion on Oct. 19, with calls taking a larger share of outstanding value than of the day's trading.
The reading was up 1.49% from $5.85 billion in the previous snapshot, which EconoTimes covered in its Oct. 18 Ether options report. Trading volume increased from $627.61 million in that reading to $996.87 million on Oct. 19.
Calls accounted for 62.15% of open-interest value, against 37.85% for puts. Their lead was smaller in trading volume: Calls made up 53.56% of the day's activity, while puts represented 46.44%.
A call option gives its owner the right to buy Ether at an agreed price; a put option gives its owner the right to sell it. Open interest is the count of contracts still open; volume captures options activity during a period. The dollar values shown for both measures are not contract counts.
The most traded individual contract was a Binance call with a $2,500 strike price and an Oct. 20 expiry. A Bybit $2,520 call ranked second by volume, followed by an OKX $2,490 call.
Deribit held the top three contracts by open interest. Deribit’s Dec. 25 calls at $3,200 and $2,200 ranked first and second in open interest, while its Oct. 30 $2,600 call ranked third. Those rankings concern individual contracts, rather than the overall shares of calls and puts.
The larger call share shows how outstanding value and daily trading differed in the snapshot. Options can be used to hedge an existing position or take a view on price, so the figures alone do not establish why traders held them. The three leading contracts by trading volume expire Oct. 20.
