A user sells a $65,000 call option at the end of June and buys a $100,000 call option at the end of March next year for hedging
Information released by Deribit officials shows that in today's BTC bulk option trading, a user paid $3.617 million to sell call options with a strike price of 65,000 at the end of June, while buying call options with a strike price of $100,000 at the end of March next year, totaling 250 BTC.
According to the officials, this type of operation is a common strategy in the short-term bearish and long-term bullish outlook, using the premium received from selling options to lower the cost of buying forward options and hedge to reduce risk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MILKUSDT now launched for futures trading and trading bots
Beijing releases blockchain action plan, aims to achieve more than 10 breakthroughs by 2027
Trending news
MoreCrypto prices
More








