Average Daily Options Trading Volume Surpasses 48 Million... "Risk Appetite Stands Out"

Source
Uk Jin

Summary

  • It was reported that an average of 48 million options contracts are traded daily in the cryptocurrency market.
  • The fact that options trading volume has tripled over the past 7 years indicates increased investor interest.
  • It was noted that the current market shows a pronounced risk appetite.
Image=Kobeissi Letter X Screenshot
Image=Kobeissi Letter X Screenshot

Recently, options contracts in the cryptocurrency market have been gaining significant popularity.

On the 25th, data analysis firm Kobeissi Letter reported on X (Twitter) that "currently, an average of 48 million options contracts are traded daily in the cryptocurrency market. This is the largest volume ever."

According to the post, the options trading volume has tripled over the past seven years.

Meanwhile, this coming Friday, stock options worth a record $6.6 trillion are set to expire. Kobeissi Letter explained, "As a result, trading volumes are also explosively increasing," and noted, "The current market shows a pronounced risk appetite."

publisher img

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
What did you think of the article you just read?