Deribit data shows XRP call options with $5 price target surging
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2024-12-14 03:32 8,911
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Golden Finance reports that Deribit data shows that XRP call options with a target price of $5 are surging in terms of trading volume and open interest. The $5 call option is the second most traded XRP option in the past 24 hours. Contract trading volume was 1.7 million. (One contract represents 1 XRP).
Additionally, Deribit data shows that $5 calls are the most popular out-of-the-money or higher-strike calls, with $1.25 million in notional open interest.