BTC $79,656.47 -1.99%
ETH $2,454.55 -2.15%
BNB $720.67 -0.87%
XRP $1.40 -3.59%
SOL $101.81 -1.83%
TRX $0.3316 +0.42%
DOGE $0.0847 -3.17%
ADA $0.2113 -4.02%
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%
BTC $79,656.47 -1.99%
ETH $2,454.55 -2.15%
BNB $720.67 -0.87%
XRP $1.40 -3.59%
SOL $101.81 -1.83%
TRX $0.3316 +0.42%
DOGE $0.0847 -3.17%
ADA $0.2113 -4.02%
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 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.

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