#BTC Options Block Trades#
Hot Topic Overview
Overview
Recently, BTC options have seen significant activity in large-scale transactions. Notably, a certain boss 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 trading strategy aims to short volatility, anticipating that the positive impact of Trump's presidency will be digested, leading to a cooling market. Currently, the price is fluctuating around $105,000. Additionally, users are engaged in large-scale transactions in the ETH options market. For instance, a certain boss paid $310,000 for 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 move suggests an expectation of continued FOMO in the market, with the ETH/BTC exchange rate continuing to decline. Overall, the BTC options market is witnessing active trading, indicating divergent views among investors regarding the future market direction. Some investors believe that market volatility will decrease, while others anticipate continued market growth.
Ace Hot Topic Analysis
Analysis
Recently, there have been large trades in the BTC options market. The most notable one is a user selling 10.5 million USD put options and 11 million USD call options, a total of 137.5 BTC on the Deribit platform, generating a revenue of 2.362 million USD. The trade was interpreted as shorting volatility. The user expects the market to calm down gradually as the positive news from Trump's inauguration is digested, and the current price will fluctuate around 10.5 million USD. The profit range of this strategy is 8.8 million USD to 13.4 million USD, with a BTC-based return of 17.55% and an annualized return of approximately 97.1%. At the same time, large trades have also emerged in the ETH options market. A user paid 310,000 USD to purchase 2,000 ETH call options expiring at the end of January at 3,300 USD. This trade was interpreted as a bullish bet. The user expects the market to remain in a FOMO state, with the DVOL volatility index still at a high level of 70.85, and the Greed Index reaching 84 (extreme greed). They believe that the ETH/BTC exchange rate will continue to fall. The strategy will be profitable if the price exceeds 3,450 USD at maturity.Overall, the BTC and ETH options markets have been active recently, with traders having divergent views on market trends. Some believe that the market will gradually calm down and volatility will decrease, while others believe that the market is still in a bull market and volatility will remain high.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BTC options bulk trading, the strategy of selling put options and call options can reduce volatility risk and obtain high premium income.
Currently, market volatility is high, and some traders believe that the market will gradually calm down, so they choose to sell options to obtain income.
ETH options bulk trading, the strategy of buying call options indicates that traders are optimistic about the future trend of the market and believe that ETH prices will continue to rise.
Market sentiment is still in a FOMO state, but the ETH/BTC exchange rate continues to decline, indicating that market confidence in ETH has declined.