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Crypto

XRP News Today : XRP Options Show Strong Demand for Upside Exposure

· Coinpedia

XRP News Today : XRP Options Show Strong Demand for Upside Exposure

The post XRP News Today : XRP Options Show Strong Demand for Upside Exposure appeared first on Coinpedia Fintech News

XRP options are showing unusually strong demand for upside exposure, according to Coinbase Markets. The one-week 25-delta call-minus-put skew reached 9.3 volatility points, meaning traders are paying more for comparable XRP calls than puts. The reading is in the 95th percentile, making current positioning relatively unusual. The skew had often remained below -10 points through …