Options

Open interest, or the number of active APE options contracts, surged by over 800% to 263,000 ($394.5K) in one day, PowerTrade told CoinDesk Monday, adding that call options or derivatives, offering an asymmetric upside potential, account…

Of course, we’re still in the early stages of the crypto derivatives market. One exchange, Deribit, has the lion’s share of both bitcoin and ether’s options trades. “It’s still nascent,” Luuk Strijers, the exchange’s chief commercial…