Ethereum Options News

The outcome of the Ethereum Merge will be a primary price drive that dictates whether ETH bears profit from this week’s $490 million options expiry.

The new offering fits in with the variety of crypto-based products the major derivatives marketplace has developed since launching its pioneering BTC futures contracts in 2017.

Options data, macroeconomic catalysts and technical signals suggest a decline in Ether price is on the table despite the Merge.

On August 26, $1.27 billion in ETH options expire and data signals that the price is likely to stay pinned under $2,000 until the Merge.

The group reported it had observed an increase in trading volume and open interest for ETH futures and micro-sized ETH futures options, possibly in anticipation of the Merge.

Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider.

Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance.

Backwardation in Ethereum futures shows traders expect ETH to surge, and everyone wants the “free” proof-of-work hard-fork coins, but investors should also keep an eye on the bears.

Data shows Ether options traders are less bearish than before, but lower gas fees and smart contract deposits give ETH bulls little hope.

While Ethereum created history by taking over Bitcoin in the options market, the ETH futures contract entered price backwardation.

Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH.

BTC bears aim for a $360 million profit in July 29’s $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor.

ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs.

Data shows Ethereum options traders are less bearish than before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH.

Two key Ethereum price metrics have yet to turn bearish, but it won’t take much to trigger an ETH drop below $1,000.