According to ChainCatcher, according to the information released by Ms. Lin, the head of Deribit's Asia-Pacific business, in today's BTC block option transaction, a user paid $3.617 million to sell a $65,000 call option at the end of June, and bought a $100,000 call option at the end of March next year, totaling 250 BTC.
According to official personnel, such operations are a common strategy in recent times, short-term bearish and long-term bullish, using the premium obtained from selling options to lower the cost of buying forward options, and do some hedging to reduce risks.