Favorite lottery map Bitcoin Traders for the first half of the year – BTC call from $ 300,000

In the crypto market, in bold predictions do not only talk – they are supported by the right dollars, often through the option they play like lottery tickets that are groomed in relatively small costs.

Stand-out in writing is Deribit listed $ 300,000 calls to call $ 300,000 that expelled 26. June. It is theoretically that at the end of the first half of the year will affect that this call will be the stake that the BTC point of inscription will triple to over $ 300,000 to the end of the first half of the year.

Over 5,000 contracts were active in June of $ 300K calls at the time of printing, with an experienced open interest of $ 484 million. It makes it another – the most popular bet option in a crucial time expires, behind only a call of $ 110 thousand.

Deribit is the world’s leading exchanges of crypt’s options, which accounts for over 75% of global options activities. In deribit, a contract on one options represents 1 BTC. Quarterly to emphasize, such as the one due 26. June, ride enhanced market activities and instability, with traders using these position protection deadlines, in gains or speculations in the next price.

“Perhaps, people like to buy lottery tickets. As he testified to this hedge hyperinflation,” Spencer Hallnar, CRIPTO marketers in the GSR market, explaining the high open interest in the so-called back to the so-called (OT-No-monetary).

Deep OTM Calls are also called wings, require a large move in the price of basic property to become profitable, and thus significantly cheaper compared to those closer or below property assets. However, the payment is huge if they make them a similar purchase of lottery tickets with thin quotas, but the potential for a large payout.

Deribit’s BTC Market The option has experienced similar flows during previous bikački cycles, but those bets rarely acquired enough popularity to rank as second-most preferred play in quarterly time.

The chart shows that the expiration of any June is the largest among all settlements due this year, and a call of 300 kilograms, and at their disposal there are 300 kilograms in the accumulation of other open interest in June options in June.

Explanation of Chunki Ianioni’s open interest in the $ 300,000, the SMR trader said, “I guess it’s a relatively cheap betting wings on the broader American regnation, (without wing features” (without wing possibilities “(no wing facilities” (without wing possibilities. “

Senator Sigtia Lummis said on Friday in speech that “especially satisfied with the support of President Trump for his act Bitcoin.

“Bitcoin ACT is the only solution of our debt in the amount of the $ 36T. I am grateful to the president who thinks about progress that not only does not only actually act,” Lummis said in X.

Who sold $ 300,000 calls?

According to Amberdate Director of the derivative, the sales observed in a 300-pound call in the amount of 300 kilograms occurred 26. June in April as part of Covered call strategywhich traders use to generate additional yield on top of their seats on the market.

“My thought is that the volume of sales 23. April came from a trader who create a long position income,” Magadina Cindescu said. “Each option sold for about $ 60 per 100% implied volatility.”

Sale Call options Senior OTM strike and collecting premiums while holding a long position on site is a popular strategy for yielding in and crypto and traditional markets.

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