Analyst: Traders are chasing short-term put options on BTC, ETH and SOL
Block Scholes analyst Andrew Melville cited Deribit data indicating that traders are chasing short-term put options on BTC, ETH, and SOL possibly due to disappointment with Trump's crypto reserve strategy. Option skew data shows that short-term put options on BTC, ETH, and SOL are trading at a premium relative to call options, indicating market concerns about downside risk. However, XRP options show a preference for call options in all time frames except for one.
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