Ether (ETH) options open interest reached $6.21 billion in a Coinglass reading on Oct. 21, with calls accounting for the larger share of open interest and trading volume.
Recorded at 7:20 a.m. ET (11:20 UTC), open interest rose from $5.93 billion in the Oct. 20 Ether options snapshot. Trading volume totaled about $1.08 billion. Open interest measures options contracts that remain outstanding, while trading volume reflects contracts traded during the period.
Calls held 62.44% of open interest, while puts accounted for 37.56%. Calls made up 63.48% of trading volume, compared with 36.52% for puts. The split does not show whether traders were positioning for price moves or hedging other exposure.
By trading volume, Bybit’s Oct. 23 $3,300 call ranked first, followed by its $3,400 call with the same expiry. OKX’s Oct. 22 $2,500 call ranked third. The Deribit contracts with the highest open interest were the $3,200 and $2,200 calls expiring Dec. 25, followed by the $2,600 call expiring Oct. 30.
