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What Does “20,000 Ethereum Options” Mean? (What Does Ethereum Futures Mean?)

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What does \”20,000 Ethereum options\” mean? According to OKLink data from Ouke Cl

What Does 20,000 Ethereum Options Mean? (What Does Ethereum Futures Mean?)

What does “20,000 Ethereum options” mean? According to OKLink data from Ouke Cloud Chain, as of 18:30 today, the total trading volume of Ethereum options contracts reached 1.6 billion USD, with a 24-hour trading volume of 877 million USD. The trading amounts for call options and put options are as high as 1.1 billion CNY, 700 million CNY, and 900 million CNY respectively. “20,000 Ethereum options” means Ethereum contracts in the derivative market of digital assets. In traditional financial markets, options are hedging tools or investment strategies. For example, when you want to use Bitcoin to buy a ticket, if you want to bet that the price of a coin will rise by 2 points, you can buy a call option contract with a leverage of 10×20 for 50,000 RMB as collateral and short sell 5,000 RMB worth of options.

What Does Ethereum Futures Mean?

According to coindesk, Ethereum futures trading is a form of asset marked with Bitcoin. Based on Etherscan data, the price of Ether reached its all-time high in early 2018 but then fell back to its lowest point. On November 16, 2018, Bitcoin briefly dropped below $4,000 and then rebounded to around $3,000. However, until today, it still has not been able to stabilize. All of this is related to the knowledge of futures because a futures contract means a merchant has the right to issue shares to the investor, and the company will pay the investor the profits generated by the shares as collateral.

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