BTC $62,793.02 -2.16%
ETH $1,826.67 -4.27%
BNB $566.03 -2.23%
XRP $1.08 -1.87%
SOL $74.64 -2.14%
TRX $0.3222 -0.50%
DOGE $0.0717 -2.22%
ADA $0.1588 -2.39%
BCH $222.41 -0.29%
LINK $8.18 -3.75%
HYPE $58.73 -11.30%
AAVE $90.39 -4.24%
SUI $0.7324 -1.08%
XLM $0.1829 -2.06%
ZEC $533.03 -5.93%
BTC $62,793.02 -2.16%
ETH $1,826.67 -4.27%
BNB $566.03 -2.23%
XRP $1.08 -1.87%
SOL $74.64 -2.14%
TRX $0.3222 -0.50%
DOGE $0.0717 -2.22%
ADA $0.1588 -2.39%
BCH $222.41 -0.29%
LINK $8.18 -3.75%
HYPE $58.73 -11.30%
AAVE $90.39 -4.24%
SUI $0.7324 -1.08%
XLM $0.1829 -2.06%
ZEC $533.03 -5.93%

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
Collection

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.

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