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BTC $63,205.91 +0.28%
ETH $1,887.92 +0.24%
BNB $606.61 -0.71%
XRP $1.00 -0.08%
SOL $75.51 +0.02%
TRX $0.3318 +0.09%
DOGE $0.0700 +0.06%
ADA $0.1764 -0.67%
BCH $204.44 -0.90%
LINK $9.36 -2.38%
HYPE $57.84 +1.33%
AAVE $86.91 -0.09%
SUI $0.6781 -0.63%
XLM $0.1586 -0.26%
ZEC $492.69 +0.48%

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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