Glassnode data analyzed by CryptoSlate showed significantly greater open interest calls for Bitcoin and Ethereum.
Calls and puts refer to the buying and selling, respectively, of options. These derivative products give holders the right, but not the obligation, to buy or sell the underlying asset at some future point for a predetermined price.
This predetermined price is also called the strike price; in conjunction with the spot price, it determines the option’s “moneyness.”
Calls, where…
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