Altcoins News
By Julie Binoche
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What Is a Long Straddle?. A long straddle involves buying both a call and a put option at the same strike price and expiry.
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Legal Clarity Boosts Sentiment. Adding fuel to the rally, Ripple and the U.S. Securities and Exchange Commission (SEC) reached an…
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Institutions Showing Strong Interest. According to Lin Chen, Asia Business Head at Deribit, institutional appetite for XRP is rising fast.
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Risk and Reward of the XRP Straddle Strategy. The XRP straddle strategy offers an interesting risk-reward profile.
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Options Signal Volatility Ahead. Options are financial contracts that give the buyer the right — but not the obligation — to buy…
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Final Thoughts. With XRP up 12% in a day and major straddle positions building up, traders and institutions alike…
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XRP jumped 12% in the past 24 hours, outperforming both Bitcoin and Ethereum, as investors piled into a popular options setup known as the XRP straddle strategy.
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The surge comes amid heavy activity in the XRP options market, particularly on Deribit, where traders executed large block trades using the long straddle strategy.
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A second similar trade was seen at the $3.10 strike price. These large trades are typically done over-the-counter (OTC) to minimize market disruption and often signal…
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The strategy is designed to profit from big moves in either direction. It’s not about predicting whether the asset will go up or down, but that it will move significantly.
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Adding fuel to the rally, Ripple and the U.S. Securities and Exchange Commission (SEC) reached an agreement on Thursday to withdraw their appeals in a long-running legal case.
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The legal clarity likely contributed to the growing confidence among traders and institutions who are now more willing to bet on XRP’s next big move.
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To meet this demand, Deribit has even introduced year-end XRP options, giving investors more tools to express their views on the asset’s long-term volatility.
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The XRP straddle strategy offers an interesting risk-reward profile. The maximum loss is capped at the total premium paid for the options.
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To break even, XRP needs to move by an amount equal to or greater than the total premium. If that happens, the strategy becomes profitable — and if XRP moves much further,…
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