HYPE options trading on Derive is heavily concentrated in contracts expiring on Oct. 9, according to a post from Delphi Digital. The four most active HYPE options contracts on the platform all share that same expiry date. Three of them are call options with strike prices of $90, $95, and $97, while the fourth is a put option with a $77 strike. Over the past 24 hours, the combined notional trading volume of those four contracts reached $3.67 million. Delphi Digital said that figure accounts for roughly one-third of all HYPE options volume tracked by Derive’s options dashboard. The data points to a clear buildup of activity in a narrow set of contracts rather than a broad spread across multiple expiries.
HYPE options trading on Derive is concentrated in a single expiry date, according to a post by Delphi Digital on X.
The four most active HYPE options contracts on the platform all expire on Oct. 9. Three are call options with strike prices of $90, $95, and $97. The remaining contract is a put with a $77 strike.
Delphi Digital said the four contracts recorded a combined $3.67 million in notional trading volume over the past 24 hours, representing about one-third of all HYPE options volume tracked by Derive’s options dashboard.
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