Markets· ★★★· bullish·

XRP Call Options Trade at Steep Premium as 25-Delta Skew Hits 9.3 Points

  • —One-week 25-delta skew on XRP reached 9.3 volatility points
  • —The reading sits in the 95th percentile of historical values
  • —Data was flagged by Coinbase Markets on September 23
  • —Call options are trading at a steep premium to puts
Why it matters: The heavy skew toward calls signals bullish short-term positioning on XRP among options traders.
Source: Cryptonews.net