Altcoin options: Ether and XRP bullish, Solana positions lean bearish

Ether had the largest front-expiry open interest at 30,818 contracts, while XRP also showed a call-option bias. Solana was the only asset with put-dominant positioning. Ether options showed a bullish tilt, with calls leading both open interest and trading volume. Solana’s existing positions leaned bearish, while XRP’s broader options activity favored calls. As of October 16 at 11:42 a.m., front-expiry open interest totaled 30,818 Ether contracts worth about $78.76 million, 33,720 Solana contracts worth $3.62 million and 1,569,000 XRP contracts worth $2.12 million. Ether and Solana expire October 17, while XRP expires October 23. The open-interest put/call ratio stood at 0.94 for Ether, 2.36 for Solana and 0.76 for XRP. Ratios below 1 for Ether and XRP indicated call-dominant positioning.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.