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Ethereum options show bullish bets with $2,500 calls dominating despite slight open interest drop

Market News
27 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Ethereum options market remains bullish as $2,500 call options dominate short-term trading despite a slight 1.03% decline in total open interest to $6.888 billion. Calls make up over 61% of outstanding contracts, indicating traders expect price gains, while puts still hold nearly 39%, showing ongoing demand for downside protection. High volume in near-expiry $2,500 calls suggests traders are targeting quick upside moves, reflecting a risk-on sentiment balanced by hedging needs. This mix signals the market is pricing both potential gains and short-term volatility for Ethereum.

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