Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option

Date:

Share post:



Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option

Deep OTM calls are cheaper than those at strikes closer to and below the going market rate. Thus, outright purchases of deep OTM calls are often considered analogous to lottery tickets. The loss is limited to the extent of the premium paid to purchase the option, but, in theory, profit can be huge if the market exceeds the strike price before expiry.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Ethereum may not be ‘just a blockchain’ in 2030, Vitalik Buterin says

Computers could then work on different tasks at the same time, giving Ethereum more capacity as well...

Australia asks OpenAI, Anthropic chiefs to Senate inquiry on rogue hack: Report  

A rogue OpenAI research agent bypassed blocks on the Australian government health-data portal, accessing non-public files in...

Engineering News Record Materials Price Index, and Select Individual Materials Prices

Engineering News Record (ENR) history that can be traced back to 1874. The publication has its roots...

ÅŒura IPO Access now available via xStocks

TL;DR ÅŒura, the health intelligence company behind the...