Bitcoin
Long

Weekend BTC Options Block Trading Analysis

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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

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