Weekend BTC Options Block Trading Analysis
This weekend's Block options trading was concentrated in BTC, mainly in calendar spreads, and the trading was not considered active, belonging to the normal volume of the weekend.
There is a calendar spread is very peculiar, buy 12OCT24-60000-C IV as high as 495%, that is to say, at a price of 0.0434BTC a piece of the option itself worth 0.004BTC, and bought 100BTC.
It's likely that Fat Fingers misplaced the decimal point and the counterparty made close to 4 BTC straight up on this trade
There is a calendar spread is very peculiar, buy 12OCT24-60000-C IV as high as 495%, that is to say, at a price of 0.0434BTC a piece of the option itself worth 0.004BTC, and bought 100BTC.
It's likely that Fat Fingers misplaced the decimal point and the counterparty made close to 4 BTC straight up on this trade
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