Coinglass put outstanding Ether (ETH) options at $5.51 billion Sunday, 1.10% below the previous day, offering a snapshot of activity across global crypto derivatives markets.
The snapshot was recorded at 7:20 a.m. ET (12:20 UTC) Nov. 15. The prior day’s total was $5.57 billion, while options turnover over the latest 24 hours was $2.05 billion, Coinglass data showed.
Calls accounted for 63.61% of total open interest; puts accounted for the remaining 36.39%. Of the $2.05 billion traded over 24 hours, 61.45% was calls and 38.55% puts, leaving calls with a larger share of outstanding positions than of recent trading.
The most-traded individual contract was a Binance $1,750 put expiring Nov. 27. Binance’s $2,000 call expiring Nov. 16 ranked next, followed by its $1,600 put expiring Dec. 4. Two of the three leading contracts by trading volume were puts, despite calls accounting for most overall volume.
The contracts with the most open interest were on Deribit: a $3,200 call and a $2,200 call, both expiring Dec. 25, followed by a $1,800 put expiring Nov. 20.
Open interest captures contracts that remain active, while volume counts contracts traded during a period. A call gives its buyer the right to buy at a set strike price, while a put gives the right to sell, subject to contract terms. Either type can be used for leverage or hedging, so the call-and-put shares do not alone establish whether traders expect Ether to rise or fall.
The latest total is close to the $5.57 billion in Coinglass data covered in EconoTimes’ Nov. 7 Ether options report.
