Ether's returns historically lag behind bitcoin's in October, but analysts see signs that trend may get bucked
Ethereum Options Trading Volume Surges Crypto traders are keeping a close eye on the Ether options market as trading volume for call options with a $2,800 strike price has surged in the past 24 hours. This indicates a bullish sentiment towards the cryptocurrency, with many investors expecting the price of Ether to reach or exceed $2,800 by the expiration date of October 11th. This surge in trading volume for these specific options is a strong indicator of the market's confidence in Ether's potential for growth. Options Trading Strategies For those unfamiliar with options trading, a call option gives the buyer the right to purchase an asset at a specified price (in this case, $2,800) by a specific date (October 11th). If the price of Ether surpasses $2,800 by that date, the buyer can exercise their option and make a profit. This type of trading strategy allows investors to speculate on the future price of an asset without actually owning it, making it a popular choice in ...