#Deribit sees active large-scale options trading#
Hot Topic Overview
Overview
Deribit platform's large-scale options trading has been quite active recently, especially for BTC options. Recently, a user sold put options expiring at the end of March with a strike price of $105,000 and call options expiring at the end of March with a strike price of $110,000, totaling 137.5 BTC on one side, generating revenue of $2.362 million. This user expects future market volatility to decline and believes that the price of BTC will fluctuate around $105,000. In addition, there are users who have bought ETH call options expiring at the end of January with a strike price of 3,300, totaling 2,000 ETH, expecting the ETH price to continue to rise. At the same time, there have been a large number of sell call option transactions in the market, such as selling BTC call options expiring at the end of March with a strike price of $150,000, and selling ETH call options expiring at the end of March with a strike price of 4,800. These traders hope to earn a profit by collecting premiums and expect that the price will not break through the strike price of the call options in the future.
Ace Hot Topic Analysis
Analysis
Large-scale options trading has been active on the Deribit platform recently, with the most notable trade being a user selling 137.5 BTC worth of put options at $105,000 and call options at $110,000, both expiring at the end of March, earning $2.362 million. This trade indicates the user holds a bearish view on future market volatility, believing the market will gradually cool down and the current price will oscillate around $105,000. Furthermore, large-scale ETH options trading has also been active recently. A user paid $310,000 to purchase 2,000 ETH worth of call options with a strike price of $3,300 expiring at the end of January. This suggests the user is optimistic about the future of ETH, believing the market is still in the FOMO stage and ETH prices will continue to rise. Overall, active large-scale options trading on the Deribit platform reflects the market's divergence on future price trends. Some users believe the market will enter a cooling-off period, while others believe the market is still in an upward trend.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Deribit large-cap options trading is active, with traders utilizing option strategies to trade volatility, such as selling call or put options to collect premium income.
Market sentiment is leaning towards greed, with a high volatility index. Some traders believe the market will gradually cool down and are shorting volatility by selling options.
Traders utilize option strategies for arbitrage, such as selling both call and put options simultaneously to lock in profit range.
Some traders hold spot positions and lock in profits by selling options, such as selling spot positions when the price breaks through the option's strike price.