Today's options market's cumulative total block trading volume exceeded US$1 billion, with trading volume hitting a one-month high

PANews reported on October 29 that Greeks.live macro analyst Adam posted on the X platform that stimulated by the Bitcoin price breaking through $72,000, the options market's trading volume hit a one-month high today, with the cumulative total volume of block trades exceeding $1 billion. Among them, the call option trading volume was about $700 million, and the put option trading volume was about $300 million.

It is worth noting that a proportional spread strategy transaction: a large investor sold 250 call options with an exercise price of $75,000 and bought 500 call options with an exercise price of $90,000, indicating that he expected Bitcoin to either not reach a new high or quickly hit $100,000 once it broke through. This trading strategy saved about $13,000 in slippage through block trading, showing a bold and sophisticated market layout.

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Author: PA一线

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