ETH Glamsterdam Upgrade Options Bullish
Ethereum options traders are bullish on ETH, expecting a move to $2,500 due to the upcoming Glamsterdam upgrade.
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Deribit data shows there is 57% probability of Ethereum expiring above $2000 strike price. Rising ETH IV and falling 25-delta skew indicate bullish directional bias."
"Options traders lean bullish too, with calls at 61% of open contracts and heavy positioning at the $2,500 strike for June."
"ETH options data from CoinMarketCap shows calls making up 61% of open contracts, with the heaviest concentration at the $2,500 strike for June."
"Ethereum options traders loaded $2,500 call contracts for June, according to CoinMarketCap, with calls making up over 61% of open positions."