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A trader paid $284,000 to buy a $3,900 call and put option at the end of June.

A trader paid $284,000 to buy a $3,900 call and put option at the end of June.

CointimeCointime2024/05/31 02:43
By:Cointime

On May 31st, Deribit Asia's business expansion personnel Lin Chen revealed that a trader bought a total of 500 ETH in call and put options for the end of June with a strike price of 3900, paying $284,000 to go long on volatility, and will make a profit if the price is in the range of 3400-4550 at the time of delivery.

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