TechFlow news, May 21 — According to Lin, Head of APAC Business at Deribit, the largest Bitcoin options trade today was a bullish options spread. An investor simultaneously bought call options for December 26 with a strike price of $105,000 and sold calls for the same date with a strike price of $140,000. The one-way size amounted to 125 Bitcoin, with a premium payment of $2.07 million.
Lin analyzed that this spread trade suggests the investor may expect Bitcoin to surpass $115,000 by year-end.




