Large volumes of BTC options were sold on Deribit at the end of March for a bullish option of $68,000 and bought at the end of April for a bullish option of $70,000
2024/03/20 02:25
Lin posted on the X platform, stating that today's BTC options are in large volume:
1. Someone sold a call option for $68,000 at the end of March while buying a call option for $70,000 at the end of April, earning an income of 1.01 million dollars in premiums. This transaction has a high probability of success as it anticipates that there won't be too strong a rebound before the end of March and there is a halving story in April with another surge;
2. Someone bought 200 BTC call options for $66,000 at the end of April, paying 1.05 million dollars in premiums.
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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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