A BTC options block trade on Deribit was recorded at 17:57 Beijing time, according to data cited by Techub News. The trade was structured as a bear call spread with a size of 200 contracts and a notional value of about $15.5988 million.
The position involved selling 200 BTC call options expiring on Nov. 27 with a strike price of $88,000. The premium on that leg was 0.0045 BTC per contract, with implied volatility at 34.8%.
The other leg involved buying 200 BTC call options with the same Nov. 27 expiry and a higher strike price of $98,000. That leg carried a premium of 0.0007 BTC per contract and implied volatility of 40.4%.
The report identified the transaction as a bear call spread and did not disclose additional details beyond the structure, contract size, notional amount, premiums, and implied volatility levels for the two legs.
A BTC options block trade appeared on Deribit at 17:57 Beijing time, according to Deribit data cited by Techub News. The trade was identified as a bear call spread with a size of 200 contracts and a notional value of about $15.5988 million.
Trade structure
The position consisted of two legs. The first leg sold 200 BTC call options expiring on Nov. 27 with a strike price of $88,000. The premium was 0.0045 BTC per contract, and implied volatility was 34.8%.
The second leg bought 200 BTC call options with the same Nov. 27 expiry and a strike price of $98,000. The premium on that leg was 0.0007 BTC per contract, with implied volatility at 40.4%.
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