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TRX $0.3316 +0.42%
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BCH $246.23 -4.21%
LINK $11.62 -1.86%
HYPE $84.55 -2.80%
AAVE $131.32 -0.97%
SUI $0.7566 -3.39%
XLM $0.1792 -2.74%
ZEC $1,016.49 +7.64%

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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