A trader purchased $2 million worth of DOGE calls today
Bitget2024/05/29 15:40
According to reports, Bernd Sischka, Chief Commercial Officer of the derivatives exchange PowerTrade, stated that a trader purchased $2 million worth of Dogecoin (DOGE) call options on Wednesday with a strike price of $0.22. DOGE is currently trading at $0.166, and the purchased call options will expire on June 14. This means that DOGE must rise by over 31% for the trade to be profitable. The last time DOGE reached $0.22 was in March, but it has not exceeded this level since November 2021.
2
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: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$66,469.52
+4.16%
Ethereum
ETH
$1,980.11
+6.49%
Tether USDt
USDT
$1
+0.01%
BNB
BNB
$621.01
+4.94%
XRP
XRP
$1.37
+7.21%
USDC
USDC
$1
-0.02%
Solana
SOL
$85.16
+8.55%
TRON
TRX
$0.2811
+0.77%
Dogecoin
DOGE
$0.09359
+5.89%
Cardano
ADA
$0.2782
+6.40%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now