According to Camilla McFarland, Ethereum is like a call option on the future of the internet, framing ETH as an asset with asymmetric upside tied to broader Web3 adoption, source: Camilla McFarland on X, Nov 11, 2025. For traders who want convex exposure with defined risk, listed Ether options offer long calls and call spreads where the maximum loss is the premium paid, source: CME Group and Cboe Options Institute. The post provides no price targets or timelines, so position sizing and entry should be guided by one’s risk budget and the level of implied volatility that drives option pricing, source: Camilla McFarland on X and Cboe Options Institute. For directional exposure without built‑in downside limits, ETH futures are available but lack the limited-loss payoff of long calls, source: CME Group.

According to @GreeksLive, an unidentified trader has purchased a $BTC call option with a strike price of $72,000, expiring on September 13. This indicates a bullish sentiment towards Bitcoin, suggesting that the trader expects the price to rise significantly by the expiration date.

According to Greeks.live, a significant portion of the crypto community is divided on the 'banana zone' concept, a term used to describe a specific trading strategy. Two-thirds of the community supports it, while one-third does not. The tweet highlights Raoul Pal's $ETH 10k call option trade from 2021, which has been a subject of mockery. However, Greeks.live's intern believes that the trade was reasonable at the time.

According to GreeksLive, a trader expressed their disappointment over a significant loss with the Ethereum (ETH) call option expiring on August 30, 2024, with a strike price of $3000. This highlights the risks involved in trading crypto options, especially when market conditions are unfavorable.