HYPE options activity surges ahead of October 9th expiry
HYPE options activity increased ahead of the Oct. 9 expiry, and the contracts are set to expire at 4 a.m. ET, or 8 a.m. UTC, that day. Derivatives trading around HYPE is also described as expanding across Deribit and Bybit.
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HYPE options traders and people watching the token’s derivatives market would notice the Oct. 9 expiry date in the near term, because the contracts are set to expire at 4 a.m. ET, or 8 a.m. UTC. The same timing matters to venues and market participants tracking options flow around that deadline.
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