#Deribit Options Large Order Bullish#

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Hot Topic Overview

Overview

Recently, two large option trades have appeared on the Deribit trading platform, both of which are call options. In one BTC option trade, a user spent $3.165 million to buy a call option with a strike price of $105,000 expiring at the end of January, and simultaneously sold a call option with a strike price of $115,000 expiring at the end of March, for a total of 925 BTC. This user expects BTC prices to break through $105,000 in the near future, and to take profit at $115,000 by the end of March. In another ETH option trade, a user spent $684,000 to buy a call option with a strike price of $3,350 expiring on January 24th (this Friday), for a total of 5,000 ETH. This user expects ETH prices to break through $3,350 this Friday, and to make a profit as a result. Currently, BTC is hovering around $102,000, while ETH is fluctuating around $3,250.

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Analysis

Two large option trades were recently executed on the Deribit trading platform, both of which were call options. One BTC option trade saw a user purchasing a call option expiring at the end of January at a strike price of $105,000 for $3.165 million, while simultaneously selling a call option expiring at the end of March at a strike price of $115,000, totaling 925 BTC. This user expects BTC to break through $105,000 in the near future and take profits at $115,000 by the end of March. In another ETH option trade, a user bought a call option expiring on January 24th (this Friday) with a strike price of $3,350 for $684,000, totaling 5,000 ETH. This user expects ETH to break through $3,350 this Friday, resulting in a profit. These two large option trades show the market's optimistic outlook on the future price movement of BTC and ETH, as well as reflecting the continued attention to cryptocurrencies.

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Classic Views

Recent BTC price will break through 105,000 and reach 115,000 by the end of March.

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ETH price will break through $3,350 by this Friday.

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The market is optimistic about the future trend of BTC and ETH.

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Large-scale options traders are actively going long on BTC and ETH.

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