Ether options OI at $5.85 billion as $2,750 call leads volume

Ether options open interest slipped 0.12% to $5.85 billion, with calls holding 62.29% of open interest and 61.29% of volume. Bybit's Oct. 19 $2,750 call led volume, signaling bullish positioning ahead of the expiry. The slight decline in OI suggests traders are closing positions, but call dominance indicates continued upside expectations for ETH.