ETH: Options Volume by Expiry (Deribit)
Shown as its 3 Oct – 1 Nov 2026 sample; the latest readings and full history are included with Plus.
ETH option notional traded on Deribit, stacked by each contract's time to expiry at the moment of the trade.
Why use it. Separates short-dated event trading from the longer-dated positioning that funds and hedgers use. How to read it. Each band is a time-to-expiry bucket; the top of the stack is all the option notional of the period. A swelling bottom band (Up to 7 days) is typical around big events and weekly expiries; growth in the longer buckets shows traders willing to hold views for months.
Calculation. Notional is contracts x the index price at the trade (one contract is one ETH). Time to expiry runs from each trade to the contract's 08:00 UTC expiry. The open hour and day are labelled partials. Source: every Deribit ETH option trade (the coin-settled contracts) from Deribit's public trade record, complete from the first listed contract, and our own copy of that record for the latest days. OKX and Bybit are not included: their trades are only available from our own capture, which starts on 14 October 2026 13:00 UTC.