BTC $62,664.31 -1.51%
ETH $1,871.39 -0.83%
BNB $604.07 -0.82%
XRP $1.00 -0.48%
SOL $75.38 -0.89%
TRX $0.3331 -0.27%
DOGE $0.0691 -1.43%
ADA $0.1792 -2.18%
BCH $202.98 -5.05%
LINK $8.82 +0.60%
HYPE $56.12 -2.58%
AAVE $85.57 -3.57%
SUI $0.6758 -1.96%
XLM $0.1591 -0.74%
ZEC $483.44 -1.33%
BTC $62,664.31 -1.51%
ETH $1,871.39 -0.83%
BNB $604.07 -0.82%
XRP $1.00 -0.48%
SOL $75.38 -0.89%
TRX $0.3331 -0.27%
DOGE $0.0691 -1.43%
ADA $0.1792 -2.18%
BCH $202.98 -5.05%
LINK $8.82 +0.60%
HYPE $56.12 -2.58%
AAVE $85.57 -3.57%
SUI $0.6758 -1.96%
XLM $0.1591 -0.74%
ZEC $483.44 -1.33%

Deribit options bulk data: A user bought $62,000 call options expiring at the end of the year and sold $100,000 call options

2024-07-09 11:52:01

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media stating that the largest BTC block options today are: someone purchased a call option with a strike price of $62,000 expiring at the end of the year, while simultaneously selling a call option with a strike price of $100,000 expiring at the end of the year, totaling 400 BTC, paying a premium of $2.334 million.

According to his analysis, this person is bullish in the long term, using a buy and sell strategy to reduce costs and leverage, profiting if the price is above $69,300 at expiration.

Related projects
app_icon
ChainCatcher Building the Web3 world with innovations.