#BTC Options Block Trades#
Hot Topic Overview
Overview
Recently, the BTC options bulk trading market has been active, with traders using options strategies for risk management and arbitrage. Among them, an anonymous user sold 137.5 BTC worth of put options expiring at the end of March at $105,000 and call options at $110,000, generating $2.362 million in revenue on the Deribit platform. This trader anticipates a decline in market volatility and seeks to profit by selling call and put options. Meanwhile, other bulk options trades have emerged in the market, such as a user purchasing 2,000 ETH worth of call options on ETH expiring at the end of January at $3,300, reflecting a bullish outlook on the price of ETH. Overall, the BTC options bulk trading market is demonstrating a lively trend, with traders utilizing various options strategies to navigate market fluctuations and pursue potential profit opportunities.
Ace Hot Topic Analysis
Analysis
Recently, there have been large transactions in the BTC options market. The most notable one was a user on the Deribit platform who sold 10.5 million USD put options and 11 million USD call options expiring at the end of March, totaling 137.5 BTC on one side, generating 2.362 million USD in revenue. This user used this strategy to short volatility, with a profit range of 88,000 - 134,000 USD, resulting in a 17.55% coin-based return (annualized approximately 97.1%). This user believes that as the market digests the positive factors after Trump's inauguration, it will gradually cool down, and the current price will fluctuate around 105,000 USD. At the same time, large transactions have also occurred in the ETH options market. A user paid 310,000 USD to purchase 3,300 call options expiring at the end of January, totaling 2,000 ETH, going long on ETH. The market is currently in a FOMO state. The DVOL volatility index remains at a high volatility of 70.85, with a greed index of 84 (extremely greedy). The ETH/BTC exchange rate continues to fall to 0.0314. Overall, the BTC options market is showing a trend of shorting volatility, while the ETH options market is showing a bullish trend.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BTC options bulk trading, selling call options and put options strategies, can obtain premium income, and hedge market fluctuation risks.
Currently, the market volatility is high, some traders believe that the market will gradually calm down, so they choose to sell options to obtain premium income.
ETH options bulk trading, buying call options strategy, indicates that traders are bullish on the future trend of ETH, believing that the price will continue to rise.
Market sentiment is still in a FOMO state, with a high greed index, indicating that market sentiment is optimistic, but some traders also believe that there is a bubble risk in the market.