#Deribit BTC options trading is hot.#
Hot Topic Overview
Overview
Deribit's BTC options trading has been very active recently, especially for large-scale options trades. Recently, a user sold 137.5 BTC worth of put options expiring at the end of March at $105,000 and call options expiring at the same time at $110,000, generating $2.362 million in revenue. This user expects future market volatility to decline and believes the current price of the coin will fluctuate around $105,000. In addition, ETH options trading has also been active recently, with a user paying $310,000 to buy 2,000 ETH worth of call options expiring at the end of January at $3,300, expecting the price of ETH to continue to rise. Overall, BTC and ETH options trading on the Deribit platform have been very active, reflecting the market's expectations and judgments on future price movements.
Ace Hot Topic Analysis
Analysis
BTC options trading on Deribit has been very hot recently, especially options expiring at the end of March. Recently, a user made a large options transaction on Deribit, selling put options at $105,000 and call options at $110,000 at the end of March, totaling 137.5 BTC, earning $2.362 million. Through this strategy, the user shorted volatility, the profit range is $88,000 - $134,000, and the coin-based return rate is 17.55% (annualized about 97.1%). The user believes that as the positive news after Trump's inauguration is digested, the market will gradually cool down, and the current price will fluctuate around $105,000. In addition, some users have recently traded ETH options on Deribit, such as buying call options at $3,300 expiring at the end of January, totaling 2,000 ETH, paying $310,000. This user is long ETH, and will profit if the price exceeds $3,450 at delivery. The current market is still in a FOMO state, the DVOL volatility index is still at a high volatility of 70.85, the greed index is 84 (extremely greedy), and the ETH/BTC exchange rate continues to fall to 0.0314.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Deribit BTC options trading is hot, users are getting high premiums by selling call and put options, and taking advantage of the decline in volatility to arbitrage.
There is currently FOMO sentiment in the market, the volatility index is high, and some users are choosing to buy call options, betting on price increases.
Users can earn premiums by selling options and profit by taking advantage of the opportunity where the option expiry price is lower than the strike price.
Users can hedge spot risk by selling options, for example, selling call options to lock in the spot price and prevent losses from price increases.