On Deribit, 150 BTC call options with a strike price of 95,000 and year-end expiration were sold
Deribit's Asia-Pacific Business Head, Lin Chen, posted on X stating that today's largest BTC block options trade was: a user sold bullish options expiring at the end of the year for 95,000, totaling 150 BTC, with an income of 1.037 million USD. If the price is less than 102,000 at settlement time, it will be profitable with a coin-based return of 7.05% (annualized about 83%).
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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