#Deribit sees active large-scale options trading#
Hot Topic Overview
Overview
Large-scale options trading on the Deribit platform has been very active recently, especially for BTC and ETH options. Recently, a user sold 137.5 BTC worth of put options at $105,000 and call options at $110,000 for BTC expiring at the end of March, earning $2.362 million. The user expects market volatility to decline and believes that the market will gradually calm down after the positive news from Trump's inauguration has been digested. At the same time, another user bought 2,000 ETH worth of call options at $3,300 for ETH expiring at the end of January, paying $310,000. The user believes that the market is still in a FOMO state and ETH/BTC exchange rate will continue to decline. In addition, another user sold call options for BTC at $150,000 and ETH at $4,800 expiring at the end of March to obtain premiums and hope to profit when the expiration price is below the strike price.
Ace Hot Topic Analysis
Analysis
Deribit has recently seen significant activity in large-scale options trading, particularly in BTC and ETH options. Recently, a user sold 137.5 BTC worth of put options expiring at the end of March with a strike price of $105,000 and call options with a strike price of $110,000, earning $2.362 million. This strategy, which shorts volatility, generated a profit range of $88,000-$134,000, with a coin-based return of 17.55% (annualized to approximately 97.1%). The user believes that with Trump taking office, positive news will be digested, and the market will gradually cool down, with the current price hovering around $105,000. Simultaneously, another user paid $310,000 to purchase 2,000 ETH worth of call options expiring at the end of January with a strike price of 3,300, going long on ETH. This user believes the market is still in a FOMO state, with the DVOL volatility index remaining at a high level of 70.85, and the Greed Index at 84 (extremely greedy), while the ETH/BTC exchange rate continues to fall to 0.0314. Furthermore, another user recently sold 150,000 BTC call options expiring at the end of March and 4,800 ETH call options expiring at the end of March to acquire premium income. The active trading in large-scale options reflects the market's expectation and risk appetite for future price trends, and also provides investors with new trading strategies and opportunities.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Deribit options trading is active, with traders using option strategies to trade volatility, such as selling put and call option combinations to generate income and predict future price movements.
Market sentiment is biased towards greed, the volatility index is high, and traders tend to long ETH and use call options to leverage.
Traders use selling call option strategies to generate premium income and predict future price movements, such as expecting prices not to break through the strike price.
Traders use option strategies to arbitrage, such as holding spot and selling call options to lock in profits and reduce risk.