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Deribit: An Options Trader Buys 20,000 BTC Bullish Vulture Spread, Bullish BTC End of Year Price in 106,000 to 112,000 USD Range
Lin Chen, head of Asia Pacific commerce at Deribit, said in a post that an option trader bought 20,000 BTC long bullish vulture spread, bullish BTC at the end of the year in the range of 106,000 to 112,000: buy the end 100,000 bullish; sell the end 106,000 bullish; sell the end 112,000 bullish; buy the end 118,000 bullish. Note: Bull Condor Spread, an options portfolio strategy that uses four options contracts with four different strike prices in the expectation that the underlying asset will ri...
2025-11-25 06:46:47
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