Deribit: An options trader buys 800 BTC May 15th expiration bull call spreads

Odaily Planet Daily News: Deribit Asia-Pacific business director Lin Chen posted on the X platform that an options trader bought a 5 May 15 expiry bull call spread with 800 BTC, buying $80k worth of call options and selling $85k worth of put options. The trader is bullish on BTC’s price rally at the beginning of this month.

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