Deribit data showed a BTC options block trade at 20:29 Beijing time with a size of 100 contracts and notional value of about $8.2239 million. The structure combined a bullish put spread with a short call. The trade involved buying 100 BTC put options expiring on Oct. 23 with a $78,000 strike, while selling 25 BTC puts with an $83,000 strike and 25 BTC calls with an $84,000 strike, all with the same Oct. 23 expiry. Premiums were listed at 0.0029 BTC per contract for the $78,000 put, 0.0196 BTC per contract for the $83,000 put, and 0.0080 BTC per contract for the $84,000 call. The corresponding implied volatilities were 34.7%, 27.9%, and 29.3%, respectively, according to Techub News citing Deribit data.
According to Deribit data cited by Techub News, a BTC options block trade crossed at 20:29 Beijing time with a size of 100 contracts and notional value of about $8.2239 million.
The position was described as a bullish put spread combined with a short call. It included the following legs:
- Buy 100 BTC put options expiring on Oct. 23 with a $78,000 strike, at a premium of 0.0029 BTC per contract and implied volatility of 34.7%;
- Sell 25 BTC put options expiring on Oct. 23 with a $83,000 strike, at a premium of 0.0196 BTC per contract and implied volatility of 27.9%;
- Sell 25 BTC call options expiring on Oct. 23 with a $84,000 strike, at a premium of 0.0080 BTC per contract and implied volatility of 29.3%.
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