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Deribit BTC block options sells call and put options for $62,000 at the end of the year

Deribit BTC block options sells call and put options for $62,000 at the end of the year

Odaily2024/07/04 04:03
By:Odaily
Odaily News Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that today’s largest BTC option: someone earned $3.48 million in premiums and sold a $62,000 call option + a $62,000 put option at the end of the year ( strike price), totaling 187.5 BTC. According to his analysis, this person shorted volatility, with a price profit range of $47,500-$89,000, and a coin-based profit of 8.8%, with a high win rate.
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