Deribit Now Large BTC Options Trading: Buy $105,000 Call Options, Sell $120,000 Call Options
2025-01-26 11:17:17
According to Lin, head of Asia Pacific commerce at Deribit, there is a bitcoin large option trade today. An investor bought a $105,000 call option at the end of June, and sold a $120,000 call option at the same time. The unilateral size is 100 BTC, and the premium paid is $541,000. The breakeven point of the bull spread option portfolio is $111,000.