Deribit saw six block BTC options trades over the past hour with a combined notional value of about $91.672 million, according to Techub News, citing Deribit data.
Trade breakdown
The first trade was recorded at 03:04 Beijing time as a BTC bull call spread with a size of 400 contracts and a notional value of about $30.5666 million. The structure involved buying 200 BTC call options expiring on Nov. 27 with an $80,000 strike, priced at 0.0249 BTC per contract with implied volatility of 38.5%, and selling 400 BTC call options expiring on Nov. 27 with an $84,000 strike, priced at 0.0112 BTC per contract with implied volatility of 37.5%.
At 03:13 Beijing time, one trade bought 150 BTC call options expiring on Nov. 2 with a $78,000 strike. The premium was 0.0030 BTC per contract, implied volatility was 30.5%, and the notional value was about $11.4599 million.
Also at 03:13 Beijing time, another trade sold 300 BTC call options expiring on Dec. 25 with an $88,000 strike. The premium was 0.0146 BTC per contract, implied volatility was 36.8%, and the notional value was about $22.9176 million.
A separate trade at 03:13 Beijing time bought 150 BTC call options expiring on Nov. 2 with a $78,000 strike. The premium was 0.0030 BTC per contract, implied volatility was 30.9%, and the notional value was about $11.4542 million.
Another 03:13 Beijing time trade bought 100 BTC call options expiring on Nov. 2 with a $78,000 strike. The premium was 0.0029 BTC per contract, implied volatility was 30.3%, and the notional value was about $7.637 million.
The sixth trade came at 03:14 Beijing time, with 100 BTC call options bought for Nov. 2 expiry at a $78,000 strike. The premium was 0.0030 BTC per contract, implied volatility was 30.8%, and the notional value was about $7.6367 million.

