ETH Price Rise Could Cause ‘Gamma Compression’ As Bull Market Heats Up: Delta Exchange Executive
A growing number of options traders are sitting with large unrealized losses following the latest Ethereum (ETH) price surge, once again highlighting the volatile and unpredictable nature of the cryptocurrency market. Pankaj Balani, the CEO of Delta Exchange, a St. Vincent-based cryptocurrency derivatives platform, tells Cointelegraph that he has observed “a great deal of nude call writing activity on ETH for penniless call options up to $ 2,000 and $ 3,000 strikes. “Continue reading on Coin Telegraph
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