On the options scanner, ETH-26JUN26-4600-C and ETH-26JUN26-4600-P topped the 24 hour volume, each trading around 3.3K contracts.
Open interest rose +412% for ETH-26JUN26-4600-C and +1427% for ETH-26JUN26-4600-P.
Activity around these instruments indicates engagement in long straddle strategy, which ranked as the top ETH strategy of the day.
Buy 4600-C / Buy 4600-P (26JUN26): 6600x | $6.39M net premium
Buy 4500-C / Buy 4500-P (27MAR26): 4600x | $3.6M net premium
Source:@Neda4_




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