Is someone buying $120,000 BTC call options expiring in December? Are they crazy?


With BTC trading around $64K, someone is massively buying December-expiry call options with a strike price of $120K—betting on doubling within half a year.
On the other side, a whale has just opened a $48 million BTC + SOL + ETH short position.
Half the market is betting on doubling, and the other half is betting on a collapse—volatility is definitely going to explode.
If you have spare money, is the expectation implied by these options worth following?
A: Buy the $120K strike price without thinking
B: The seller is the real winner
#BTC #期权 #Crypto
BTC-2.69%
SOL-6.81%
ETH-5.54%
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