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ETH $1,866.74 -1.17%
BNB $603.54 -1.10%
XRP $1.00 -0.33%
SOL $75.23 -1.14%
TRX $0.3323 -0.57%
DOGE $0.0693 -1.02%
ADA $0.1792 -2.74%
BCH $202.23 -5.25%
LINK $8.82 +0.36%
HYPE $55.80 -3.40%
AAVE $85.66 -2.21%
SUI $0.6760 -2.06%
XLM $0.1597 -0.26%
ZEC $482.49 -1.51%

Deribit options bulk data: A user purchased a call option for $3400 at the end of September and sold a call option for $4400

2024-07-01 11:48:32

ChainCatcher news, Lin Chen, the head of Deribit Asia Pacific business, stated on social media that a user purchased call options for $3400 at the end of September and sold call options for $4400 at the end of September, totaling 2500 ETH, paying a premium of $738,000. The user bought a bull spread for $3400 - $4400 in September to reduce costs, and will profit if the price is greater than $3700 at expiration.

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