#Large Option Trades on Deribit: Call Options#
Hot Topic Overview
Overview
Recently, there have been a large number of large-scale options trades on the Deribit trading platform, with call options being the main focus. The two largest trades today were call options for BTC and ETH, both conducted by different users. The BTC user purchased call options with a strike price of $105,000 expiring at the end of January for $3.165 million, while simultaneously selling call options with a strike price of $115,000 expiring at the end of March. The total volume was 925 BTC. This suggests an expectation of a price breakout in the near future, with a target of $115,000 at the end of March. The ETH user purchased call options with a strike price of $3,350 expiring on January 24th (this Friday) for $684,000, totaling 5,000 ETH. This strategy will be profitable if the price of ETH surpasses $3,500 at the time of settlement. Currently, ETH is hovering around $3,250, with a DVOL volatility index of 73.4 and a Greed Index of 76 (Greed). The ETH/BTC exchange rate stands at 0.0320. These large-scale options trades indicate a bullish sentiment towards the future of BTC and ETH, leading to an expectation of continued price increases in the near future.
Ace Hot Topic Analysis
Analysis
Recently, two large bullish option trades appeared on Deribit, targeting both BTC and ETH. In the BTC trade, a user purchased January end $105,000 call options for $3.165 million while selling March end $115,000 call options, for a total of 925 BTC. The user expects BTC to break through $105,000 in the near term and take profit at $115,000 by the end of March. In the ETH trade, a user purchased January 24th (this Friday) $3350 call options for $684,000, for a total of 5,000 ETH. The user expects ETH to break through $3350 by this Friday, thus achieving profitability. Both trades demonstrate the market's bullish sentiment on BTC and ETH, as well as its optimistic outlook on future price trends. Currently, BTC is hovering around $102,000, while ETH is fluctuating near $3250.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Recently, the market is bullish.
Large-scale options traders expect BTC and ETH prices to continue to rise.
BTC traders expect the price to break through in the near future and take profit at $115,000 by the end of March.
ETH traders expect the price to break through $3350 on Friday and take a long position.
Market sentiment is leaning towards greed, and the DVOL volatility index is high, indicating a high level of market volatility.