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BTC $62,993.84 -0.03%
ETH $1,879.21 -0.01%
BNB $604.71 -0.97%
XRP $1.00 -0.18%
SOL $75.37 +0.20%
TRX $0.3308 -0.51%
DOGE $0.0697 -0.34%
ADA $0.1769 -1.35%
BCH $203.36 -1.14%
LINK $9.35 -0.31%
HYPE $57.21 +1.73%
AAVE $86.03 -0.84%
SUI $0.6763 -0.86%
XLM $0.1568 -0.98%
ZEC $487.04 -0.65%

Deribit options bulk data: A user purchased a call option for $3400 at the end of September and sold a call option for $4400

2024-07-01 11:48:32

ChainCatcher news, Lin Chen, the head of Deribit Asia Pacific business, stated on social media that a user purchased call options for $3400 at the end of September and sold call options for $4400 at the end of September, totaling 2500 ETH, paying a premium of $738,000. The user bought a bull spread for $3400 - $4400 in September to reduce costs, and will profit if the price is greater than $3700 at expiration.

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