#ETH saw large block puts traded today of over 56,000 with a nominal value of over $100 million, accounting for 30% of the day's total Volume.
The major trades were divided into three parts:
Naked Buy Weekly OTM Put Options
Bear spread,Buy-1800P/Sell-1600P
Risk reversal,Buy-2100C/Sell-1600P
Against the back Rubikkav @Rubikkav