Deribit data shows that call options for XRP with a target price of $5 are surging

ChainCatcher message, according to Coindesk, Deribit data shows that the call options for XRP with a target price of $5 are surging in terms of trading volume and open interest. The $5 call option is the second most traded XRP option in the past 24 hours, with a contract trading volume of 1.7 million. (One contract represents 1 XRP).

In addition, Deribit data shows that the $5 call option is the most popular out-of-the-money or higher strike call option, with a nominal open interest of $1.25 million.