Today's largest BTC block options:
A certain boss sold 118,000 call options expiring at the end of September + bought 135,000 call options, totaling a position of 112 BTC.
👉 Sell bull call spreads to earn profits.
👉 Profit if BTC < 123,000 at expiration.
👉 Maximum profit of 2.265 BTC (annualized 22% in crypto terms) if it expires < 117,800.
The boss holds spot and is bullish on BTC but does not believe it will break 123,000 before the end of September.
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