
Block trade monitor for option markets by @Paradex Learn options with every block trade, across Paradex, Derive, Deribit, Bybit, Bullish,
Joined September 2026
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📈 Bullish $ETH Call Spread 500x ($2.5M)
🟢 Buy $5,000 Call · 25 Jun 27
🔴 Sell $6,000 Call · 25 Jun 27
Max Profit: $486K → if ETH at/above $6,000
Max Loss: $14.4K → if ETH at/below $5,000
You Pay: $14.4K | Max Profit → 34x your cost
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app.paradex.trade/options/ET…
📅 Term Structure $ETH Call Diagonal 500x ($2.5M)
🟢 Buy $2,550 Call · 24 Oct 26
🟢 Buy $2,700 Call · 30 Oct 26
pays above $2,560
At 24 Oct 26 expiry:
Max Profit: Unlimited → if ETH above $2,560
Max Loss: $13.1K → if ETH at/below $2,680
You Pay: $13.1K | Max Profit → Unlimited
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app.paradex.trade/options/ET…
🌪️ Long Vol $BTC Custom 150x ($37.5M)
🟢 Buy $71,000 Put · 27 Nov 26 · 2x
🔴 Sell $91,000 Call · 27 Nov 26
loses above $91.1k
Max Profit: $21.3M → if BTC at/below $0
Max Loss: Unlimited → if BTC above $91.1k
You Receive: $11.2K | Max Loss → Unlimited
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app.paradex.trade/options/BT…
📅 Term Structure $BTC Custom 200x ($58.4M)
🟢 Buy $74,000 Put · 30 Oct 26 · 1.2x
🔴 Sell $77,000 Put · 30 Oct 26 · 1.2x
🔴 Sell $75,000 Put · 6 Nov 26
At 30 Oct 26 expiry:
Max Profit: $119K → if BTC at/above $76.7k
Max Loss: $15.6M → if BTC at/below $1,570
You Receive: $119K | Max Loss → 132x your credit
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app.paradex.trade/options/BT…
📅 Term Structure $BTC Put Calendar 100x ($16.6M) · buys 30 Oct vol, sells 23 Oct
🔴 Sell $78,000 Put · 23 Oct 26
🟢 Buy $78,000 Put · 30 Oct 26
At 23 Oct 26 expiry:
Max Profit: $131K → if BTC at $78k
Max Loss: $30.8K → if BTC outside $70.2k–$86.8k
You Pay: $30.8K | Max Profit → 4.3x your cost
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app.paradex.trade/options/BT…
↔️ Rangebound $BTC Call Fly 50x ($16.6M)
🟢 Buy $83,000 Call · 22 Oct 26
🔴 Sell $84,000 Call · 22 Oct 26 · 2x
🟢 Buy $85,000 Call · 22 Oct 26
Max Profit: $33.2K → if BTC at $84k
Max Loss: $16.6K → if BTC outside $83k–$85k
You Pay: $16.6K | Max Profit → 2x your cost
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app.paradex.trade/options/BT…
📈 Bullish $BTC Call Spread 50x ($8.3M)
🟢 Buy $88,000 Call · 13 Nov 26
🔴 Sell $95,000 Call · 13 Nov 26
Max Profit: $301K → if BTC at/above $95k
Max Loss: $49.2K → if BTC at/below $88k
You Pay: $49.2K | Max Profit → 6.1x your cost
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app.paradex.trade/options/BT…
📅 Term Structure $BTC Put Diagonal 100x ($16.6M) · buys 27 Nov vol, sells 30 Oct
🔴 Sell $80,000 Put · 30 Oct 26
🟢 Buy $78,000 Put · 27 Nov 26
At 30 Oct 26 expiry:
Max Profit: $134K → if BTC at $80k
Max Loss: $309K → if BTC at/below $63.9k
You Pay: $109K | Max Profit → 1.2x your cost
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app.paradex.trade/options/BT…
↔️ Rangebound $BTC Iron Condor 75x ($24.8M)
🟢 Buy $77,000 Put · 6 Nov 26
🔴 Sell $82,000 Put · 6 Nov 26
🔴 Sell $83,000 Call · 6 Nov 26
🟢 Buy $88,000 Call · 6 Nov 26
Max Profit: $232K → if BTC inside $82k–$83k
Max Loss: $143K → if BTC outside $77k–$88k
You Receive: $232K | Max Loss → 0.6x your credit
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app.paradex.trade/options/BT…
↔️ Rangebound $ETH Iron Condor 250x ($2.4M)
🟢 Buy $2,320 Put · 23 Oct 26
🔴 Sell $2,440 Put · 23 Oct 26
🔴 Sell $2,450 Call · 23 Oct 26
🟢 Buy $2,550 Call · 23 Oct 26
Max Profit: $12.1K → if ETH inside $2,440–$2,450
Max Loss: $17.9K → if ETH at/below $2,320
You Receive: $12.1K | Max Loss → 1.5x your credit
Copy on Paradex 👇
app.paradex.trade/options/ET…
↔️ Rangebound $BTC Iron Condor 50x ($16.6M)
🟢 Buy $81,000 Put · 22 Oct 26
🔴 Sell $82,500 Put · 22 Oct 26
🔴 Sell $83,500 Call · 22 Oct 26
🟢 Buy $85,000 Call · 22 Oct 26
Max Profit: $25.3K → if BTC inside $82.5k–$83.5k
Max Loss: $49.7K → if BTC outside $81k–$85k
You Receive: $25.3K | Max Loss → 2x your credit
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app.paradex.trade/options/BT…
📅 Term Structure $BTC Custom 100x ($24.9M)
🟢 Buy $87,000 Call · 30 Oct 26
🟢 Buy $90,000 Call · 6 Nov 26
🔴 Sell $98,000 Call · 25 Dec 26
pays outside $73.7k–$87.6k
At 30 Oct 26 expiry:
Max Profit: Unlimited → if BTC outside $73.7k–$87.6k
Max Loss: $66.2K → if BTC at/below $90k
You Receive: $8.3K | Max Loss → 8x your credit
Copy on Paradex 👇
app.paradex.trade/options/BT…
📈 Bullish $BTC Call Spread 500x ($82.8M)
🟢 Buy $90,000 Call · 6 Nov 26
🔴 Sell $95,000 Call · 6 Nov 26
Max Profit: $2.3M → if BTC at/above $95k
Max Loss: $182K → if BTC at/below $90k
You Pay: $182K | Max Profit → 13x your cost
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app.paradex.trade/options/BT…
$BTC Custom 50x ($33.2M)
🔴 Sell $78,000 Put · 25 Dec 26
🔴 Sell $80,000 Call · 25 Dec 26 · 3x
🟢 Buy $90,000 Call · 25 Dec 26 · 4x
pays above $64.4k
Max Profit: Unlimited → if BTC above $64.4k
Max Loss: $3.2M → if BTC at/below $0
You Receive: $681K | Max Loss → 4.7x your credit
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app.paradex.trade/options/BT…
📈 Bullish $BTC Call Spread 50x ($8.3M)
🟢 Buy $95,000 Call · 27 Nov 26
🔴 Sell $105,000 Call · 27 Nov 26
Max Profit: $477K → if BTC at/above $105k
Max Loss: $23.3K → if BTC at/below $95k
You Pay: $23.3K | Max Profit → 20x your cost
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app.paradex.trade/options/BT…
📈 Bullish $BTC Call Spread 20x ($3.3M)
🟢 Buy $90,000 Call · 6 Nov 26
🔴 Sell $95,000 Call · 6 Nov 26
Max Profit: $92.5K → if BTC at/above $95k
Max Loss: $7.5K → if BTC at/below $90k
You Pay: $7.5K | Max Profit → 12x your cost
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app.paradex.trade/options/BT…
📅 Term Structure $BTC Custom 200x ($65.9M)
🔴 Sell $90,000 Call · 30 Oct 26
🟢 Buy $90,000 Call · 6 Nov 26 · 2x
🔴 Sell $100,000 Call · 26 Mar 27
At 30 Oct 26 expiry:
Max Profit: $2.5M → if BTC at/above $160k
Max Loss: $52.3K → if BTC inside $82.6k–$87.4k
You Receive: $467K | Max Loss → 0.1x your credit
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app.paradex.trade/options/BT…
↔️ Rangebound $ETH Iron Condor 250x ($2.5M)
🟢 Buy $2,340 Put · 22 Oct 26
🔴 Sell $2,440 Put · 22 Oct 26
🔴 Sell $2,480 Call · 22 Oct 26
🟢 Buy $2,560 Call · 22 Oct 26
Max Profit: $8.1K → if ETH inside $2,440–$2,480
Max Loss: $16.9K → if ETH at/below $2,340
You Receive: $8.1K | Max Loss → 2.1x your credit
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app.paradex.trade/options/ET…
📈 Bullish $BTC Call Ratio 1x3.4 50x ($18.3M)
🔴 Sell $80,000 Call · 30 Oct 26
🟢 Buy $90,000 Call · 30 Oct 26 · 3.4x
Sells 1x $80,000 vs buys 3.4x $90,000 · pays outside $83.3k–$92.8k
Max Profit: Unlimited → if BTC outside $83.3k–$92.8k
Max Loss: $334K → if BTC at $90k
You Receive: $166K | Max Loss → 2x your credit
Copy on Paradex 👇
app.paradex.trade/options/BT…
📅 Term Structure $BTC Custom 500x ($580.7M)
🔴 Sell $90,000 Call · 30 Oct 26 · 3x
🟢 Buy $95,000 Call · 30 Oct 26 · 6x
🔴 Sell $100,000 Call · 30 Oct 26 · 3x
🟢 Buy $90,000 Call · 6 Nov 26
🔴 Sell $95,000 Call · 6 Nov 26
At 30 Oct 26 expiry:
Max Profit: $2.5M → if BTC at/above $100k
Max Loss: $5.8M → if BTC at $95k
You Pay: $41.5K | Max Profit → 59x your cost
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app.paradex.trade/options/BT…



















