Deribit's large BTC options trade: Buying $105,000 call options, selling $120,000 call options

Golden Finance reports, according to Deribit's Asia-Pacific business head Lin, a large amount of Bitcoin options trading occurred today. An investor bought $105,000 call options for the end of June while selling the same period $120,000 call options. The unilateral scale is 100 BTC with a premium payment of $541,000. The breakeven point for this bull market price spread option combination is at $111,000.