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Deribit Options Bulk Data: A user bought call options for $3000 at the end of September and sold call options for $3900

Bitget2024/07/06 07:55

Deribit's Asia-Pacific Business Head, Lin Chen, posted on social media that today's largest ETH block option is: someone bought a call option for $3000 due at the end of September and sold a call option for $3900, totaling 4500 ETH, paying a premium of $989,000.

According to his analysis, this person is bullish and uses bull market spreads to reduce risk and leverage. They will profit if the price exceeds $3250 (the breakeven point) at maturity.

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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.

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