Deribit ETH block options sell $2,700 put options and $3,400 call options at the end of September
2024-07-09 03:47
Odaily News Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the largest ETH option today: someone earned $327,000 in premiums and sold a $2,700 put option and a $3,400 call option at the end of September (expiration strike price), totaling 750 ETH. According to his analysis, this person shorted volatility, with a price profit range of $2,300-4,000, and a coin-based return of 14.6% (about 60.8% annualized).
