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Deribit: An options trader bought a bull call spread on 800 BTC expiring May 15

2026-05-04 06:54

Odaily reported that Lin Chen, Head of APAC Business at Deribit, stated that an options trader bought a bull call spread on 800 BTC expiring May 15, purchasing call options at $80,000 and selling call options at $85,000. The trader is bullish on BTC's price rising early this month.