{"id":23902,"date":"2025-05-12T17:03:27","date_gmt":"2025-05-12T14:03:27","guid":{"rendered":"https:\/\/forklog.com\/en\/derivatives-market-bets-on-solana-reaching-200-by-junes-end\/"},"modified":"2025-05-12T17:03:27","modified_gmt":"2025-05-12T14:03:27","slug":"derivatives-market-bets-on-solana-reaching-200-by-junes-end","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/derivatives-market-bets-on-solana-reaching-200-by-junes-end\/","title":{"rendered":"Derivatives Market Bets on Solana Reaching $200 by June&#8217;s End"},"content":{"rendered":"<p>Significant purchases of Solana (SOL) call options with a strike price of $200 and an expiration date of June 27 have been recorded, according to <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/12\/solana-block-traders-see-sol-extending-gains-surpassing-usd200-by-end-june\">CoinDesk<\/a>.<\/p>\n<p>In a conversation with the publication, Greg Magadini, Director of Derivatives at Amberdata, revealed that traders acquired 50,000 contracts last week with a premium of $263,000.<\/p>\n<p>At this point, the implied volatility on an annual timeframe has dropped to 84%, although it is usually expressed in triple digits, the expert added.<\/p>\n<p>According to market data, market makers currently have a significant net negative gamma at the strike price. Should SOL surpass the $200 mark, volatility could spike sharply, the publication warned.<\/p>\n<p>CoinDesk noted an 85% increase in the asset&#8217;s price since April 7. In this regard, SOL has outpaced Bitcoin in growth rate.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1555.webp\" alt=\"1-1555\" class=\"wp-image-258528\"\/><figcaption class=\"wp-element-caption\">Daily chart of SOL\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/SOLUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Sygnum<a href=\"https:\/\/forklog.com\/en\/news\/sygnum-assesses-the-rivalry-between-ethereum-and-solana\"> found no<\/a> convincing signs that Solana will surpass Ethereum as the preferred blockchain for institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Significant purchases of Solana (SOL) call options with a strike price of $200 and an expiration date of June 27 have been recorded, according to CoinDesk. In a conversation with the publication, Greg Magadini, Director of Derivatives at Amberdata, revealed that traders acquired 50,000 contracts last week with a premium of $263,000. At this point, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,1146,1159],"class_list":["post-23902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-cryptocurrency-market-forecasts","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23902"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23902\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23901"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}