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Bullish $10K Ethereum call options excite traders but there’s a catch

For this right, the buyer pays an upfront fee (premium) to the call option seller. For this reason, call options are deemed neutral-to-bullish as they give its buyer the possibility of high leverage with a little upfront investment. This ‘right’ is currently being traded for $263, equivalent to 14% of the underlying Dec. 31 ETH futures price.

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Source: Cryptocurrency - investing.com

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