Markets· ★★· neutral·

150 BTC $85K Call Options Sold on Deribit in Block Trade

  • —150 BTC call options with $85,000 strike and Oct. 30 expiry sold
  • —Block trade notional value was $12.32 million
  • —Premium was 0.0120 BTC per contract, IV at 31.2%
  • —Trade executed Oct. 16 at 17:30 KST
Why it matters: Selling a large out-of-the-money call can signal expectations of capped BTC upside through late October.
Source: TokenPost