The biggest options trade of the day was a sale, not a purchase. One trader sold a put at the $68,000 strike expiring Mar 26, 2027, collecting $4.14M in premium in a single block trade.
Selling a put means taking the cash up front and accepting the obligation to buy at $68,000 if the price is below that level at expiry. That one trade came close to the day's whole call buying, which totaled $4.69M against $3.70M of put buying.
Large negotiated block trades made up 38% of the day's options flow.
Selling a put means taking the cash up front and accepting the obligation to buy at $68,000 if the price is below that level at expiry. That one trade came close to the day's whole call buying, which totaled $4.69M against $3.70M of put buying.
Large negotiated block trades made up 38% of the day's options flow.
