Deribit ETH bulk options buy $3,000 call options at the end of September and sell $3,900 call options
Odaily2024/07/06 06:09
By:Odaily
Odaily News Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the largest ETH option today is: someone bought a $3,000 call option at the end of September (expiration
strike price) + sold a $3,900 call option, totaling 4,500 ETH, and paid a premium of $989,000. According to his analysis, this person is bullish and uses the bull
market spread to reduce risk and increase leverage. When the price expires, it will be profitable if it is greater than $3,250 (break-even point).
0
0
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!
You may also like
Trump picks ex SEC Chair for crypto oversight
Grafa•2024/11/16 06:00
Bitcoin and Ethereum ETFs see strong inflows
Grafa•2024/11/16 06:00
Cryptocurrencies aiming for next milestones
Grafa•2024/11/16 06:00
Meme coins surge in 2024 with 93 billion growth crypto giants
Grafa•2024/11/16 06:00
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$91,382.63
+3.81%
Ethereum
ETH
$3,126.24
+1.82%
Tether USDt
USDT
$1
+0.00%
Solana
SOL
$219.74
+4.75%
BNB
BNB
$626.39
+1.12%
Dogecoin
DOGE
$0.3837
+3.54%
XRP
XRP
$0.9588
+17.98%
USDC
USDC
$0.9997
-0.02%
Cardano
ADA
$0.7320
+18.17%
TRON
TRX
$0.1892
+5.95%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now