Recently, many experienced traders in the market have been positioning themselves in options. A seasoned trader recently made a significant repositioning—an order of 4,000 ETH options with a premium investment close to 20 ETH. His outlook on the market is very clear: he is optimistic that Ethereum can break through 3600 by the end of this month, but does not expect a large overall increase.

The expected profit from this operation is quite straightforward. If ETH ends up between 3600 and 3750, he will profit. Conversely, the risk point is also clear—if ETH does not reach the 3600 threshold, the gains will diminish.

Another noteworthy position is even larger. About four hours ago, another trader set up nearly 10,000 end-of-month Call Spread contracts, with strike prices from 3100 to 3400. This structured options strategy might be of interest to many participants. Those interested can pay more attention to the movements of such large positions.