Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
On Deribit, large volumes of BTC options are being sold at $70,000 and $72,000 call options by the end of the year and buying into $90,000 call options

On Deribit, large volumes of BTC options are being sold at $70,000 and $72,000 call options by the end of the year and buying into $90,000 call options

Bitget2024/11/13 04:10
BTC-1.81%

Deribit's Asia-Pacific business head, Lin Chen, posted on X stating that today's two large BTC options trades were: a user sold call options at $70,000 and $72,000 by the end of the year for a total of 720 BTCs, earning an option premium of $1.5 million; while buying call options at $90,000 by the end of the year for a total of 600 BTCs with an expenditure of $447k in option premiums.

In addition, another user sold call options at $72,000 by the end of the year totaling 400 BTCs while buying call options at $92,000 totaling 400 BTCs.

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: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
The yield on the US 2-year Treasury note has dropped to 3.42%, the lowest level since September 2022.
2
USD/JPY drops over 0.5% intraday, now at 150.28

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,687.48
-1.95%
Ethereum
Ethereum
ETH
$3,940.21
-1.11%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,150.14
-3.01%
XRP
XRP
XRP
$2.38
-2.57%
Solana
Solana
SOL
$190.25
-3.90%
USDC
USDC
USDC
$0.9999
-0.02%
TRON
TRON
TRX
$0.3196
+1.34%
Dogecoin
Dogecoin
DOGE
$0.1928
-3.32%
Cardano
Cardano
ADA
$0.6590
-2.27%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter