You are currently viewing Large Ether Traders Position for Volatility Spike as Merge Draws Near

Large Ether Traders Position for Volatility Spike as Merge Draws Near



The strategy will make money if ether settles well beyond the $800-$3,000 range on Oct. 28, making the call or put more valuable than the initial per contract cost of $62.98. That figure is reached by adding the premium paid for one call option contract, $40.52 and one put option contract, $22.46. The total premium paid for buying the 4,000 call and put contracts is $251,920. The calculation is based on figures mentioned in the above chart.



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