ETH bulk options on Deribit buy tomorrow's $3,000 call option and sell next Friday's $3,000 call option
2024-05-16 02:44
Odaily News Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the largest ETH option today: someone received 1.09 million in premiums, bought a $3,000 call option for tomorrow (Friday) + sold a $3,000 call option on May 24 (next Friday), totaling 18,575 ETH. It is speculated that this person believes that the price will rise today and tomorrow, but will fall back next Friday, with a weekly return of 5.25% in coin-based terms.
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