Deribit ETH bulk options buy $3,000 put options at the end of July and sell $3,300 call options

Bitget App

Trade smarter

Odaily2024/07/04 04:03

By:Odaily

Odaily News Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the largest ETH option today: someone received a premium of $331,000, bought a put option at the end of July ( strike price) of $3,000 + sold a call option at the end of July of $3,300, totaling 2,000 ETH. According to his analysis, this person is bearish, and a profit is made when the price is less than $3,400 at the time of delivery; it is likely that he holds a lot of spot, buys puts + sells calls for hedging + profit.

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!

Discover the latest updates on Qubetics, Ondo, and Chainlink. Find out why these are the best cheap crypto to buy now and hold for the long term in.Qubetics: Unlocking Real-World Interoperability$500 Now, $19,000 Later—This Isn’t a Dream, It’s a WindowOndo: Navigating the Challenges of Blockchain AdoptionChainlink: Paving the Way for Data Integrity in DeFiConclusion: Why These Projects Matter Now More Than EverFor More Information:

Coinomedia•2025/04/11 22:22

Qubetics Delivers 536% ROI at $1—Best Cheap Crypto to Buy Now as Chainlink Drops 2.85% and Ondo Faces Market Doubts

Qubetics Dominates Presale Rankings Among Top Crypto Coins to Buy Now as Sonic Sets Base and Ethereum Eyes $1,850

Explore the top crypto coins to buy now with Qubetics' presale surge, Ethereum's resilience, and Sonic's rebranded tech edge.Qubetics ($TICS): Multi-Chain Wallets That Actually WorkQubetics Presale Metrics and ROI WindowsEthereum (ETH): Still the King of Smart ContractsSonic (S): Technical Reset Meets Infrastructure MasteryFinal ThoughtsFor More Information:FAQs

Coinomedia•2025/04/11 22:22

Qubetics Dominates Presale Rankings Among Top Crypto Coins to Buy Now as Sonic Sets Base and Ethereum Eyes $1,850

Fartcoin Defies Market Trends with Explosive Surge

Fartcoin ($FARTCOIN) sees massive growth in 7 days, rising independently from the broader crypto market.What’s Driving the Fartcoin Growth?Is the Rally Sustainable?

Coinomedia•2025/04/11 22:22