Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
A trader paid $284,000 to buy a $3,900 call and put option at the end of June.

A trader paid $284,000 to buy a $3,900 call and put option at the end of June.

CointimeCointime2024/05/31 02:43
By:Cointime

On May 31st, Deribit Asia's business expansion personnel Lin Chen revealed that a trader bought a total of 500 ETH in call and put options for the end of June with a strike price of 3900, paying $284,000 to go long on volatility, and will make a profit if the price is in the range of 3400-4550 at the time of delivery.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Trump administration walks back tariff ‘exemption’ on electronics

Trump says he’s “flexible” on electronic tariffs, and that more developments are “coming up”

Blockworks2025/04/14 23:45