XRP Call Options Trade at Steep Premium as 25-Delta Skew Hits 9.3 Points

Ripple's XRP has seen its call options trade at a steep premium as the 25-Delta Skew hits 9.3 points, indicating a bullish short-dated setup for the asset.

This metric measures the difference between call and put option prices, with higher numbers typically indicating increasing demand for calls or decreasing demand for puts.

The current level of 9.3 points is one of the highest in the current cycle, suggesting that investors are becoming increasingly optimistic about XRP's short-term prospects.