Deribit Bulk Options: A user simultaneously buys bullish and bearish options for $74,000 at the end of November
According to data released by Deribit officials, the largest BTC bulk options trade today was made by a user who simultaneously bought $74,000 call and put options for the end of November, totaling 100 BTCs, with a premium payment of $959,000. They indicated that this operation was to reduce their call option position, lock in some profits while additionally increasing their holdings in put options as a hedge.
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.
You may also like
South Korean Won: Authorities signal pause in KRW strength – ING
Standard Life releases transcript of HY 2026 results investor presentation
Bitcoin and stocks hold steady as oil rallies today
Ethereum trapped in a range: Flipping $2,530 will clear the path to $3,000
Crypto prices
More
