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DeFi Dad ⟠ defidad.eth
@DeFi_Dad
⟠ DeFi super-user, educator, angel 🎙️ Host/Producer of The @Edge_Pod 📰 Subscribe to newsletter & pod: 📺 Watch on:
加入 May 2018
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🎯 @koolkrypto223 strikes again
First big $LIT options trades are hitting the tape. LIT 27 Nov $6 Call 250,000x bought @ $0.4220 $105.5k premium, ~$986k notional Breakeven: $6.42 (+63% from spot) If LIT does a 2x to $7.88 by expiry, the position is worth $470k. That's +$364.5k profit, a ~4.5x on the premium.
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