Bitcoin (BTC) Choices Dealer Pays M Premium on Guess for Volatility Surge

Bitcoin (BTC) Choices Dealer Pays $1M Premium on Guess for Volatility Surge

by Jeremy

The commerce, a so-called lengthy straddle, noticed the entity pay a web premium of over $1 million to buy 100 contracts of the $66,000 strike name and put choices expiring on Nov. 29, in response to knowledge confirmed by Lin Chen, head of enterprise growth Asia at Deribit.

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