Coinbase Flags Extreme Bullish Skew in XRP Options
- —XRP's one-week 25-delta skew rose to 9.3 volatility points
- —The reading sits in the 95th percentile, a rare level over the past year
- —The skew briefly topped 15 points in late August before cooling
- —XRP has gained about 18% over the past seven days, per CoinGecko
Why it matters: Traders are paying an unusually high premium for XRP upside, signaling strong bullish positioning, though extreme skew is not an unambiguous price signal.
Source: U.Today