“User Sells $60,000 BTC Put Option, Receives $1.061M Premium Amid Market Recovery”

BlockBeats news, on September 25, according to data released by Deribit officials: Today’s largest BTC bulk option transaction, a user sold a $60,000 put option at the end of the year, totaling 200 BTC, and received a premium of $1.061 million.

He said that the current market has digested the negative news, and the market has rebounded to more than 64,000. If the price remains above 60,000 by the end of the year, the user will receive the premium, and the currency-based return will reach 7.35% (about 28.2% annualized); if the price falls below 60,000, the user is also willing to buy BTC at this price.

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