On June 30, 2025, trading activity in altcoin options surged as traders anticipated price increases in those assets.
Options 101: Calls, Puts, and Open Interest
Options are contracts that give the holder the right, but not the obligation, to buy or sell an asset at a set price in the future. Call options allow the buyer to purchase the asset, while put options allow them to sell. On June 30, the strong interest in call options indicated bullish sentiment among traders, with many purchasing short-dated options, signifying expectations of quick price movements.
Bullish Bets on Altcoins: ETH, SOL, POL, and TRUMP100
The market saw significant activity in options for altcoins like Ethereum, Solana, and Polygon, where traders focused on call options. For instance, the ETH options were pegged around the $3,400 resistance level. Solana attracted attention following ETF news, and even the meme token TRUMP100 saw bullish options activity as traders speculated on a potential price surge.
Why Trade Altcoin Options?
Options allow traders to leverage their exposure and provide strategic flexibility. They enable traders to take directional bets with limited risk. For example, options give traders the chance to profit from rallies without spending the full price of the asset, while risks are confined to the premium paid for the option.
The events of June 30, 2025, highlighted how altcoin options could assist traders in capitalizing on market movements. While the bullish sentiment was evident, understanding the associated risks is crucial for informed trading.
