A user on Deribit short ETH volatility and sold call and put options at $2,700 at the end of October

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ODAILY
08-23
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Odaily Odaily News Lin Chen, head of Asia Pacific business at Deribit, wrote on X that today's largest ETH option transaction was a user selling a call option and a put option at $2,700 at the end of October, totaling 500 ETH, with a premium of $282,000. The user is short volatility, with a price profit range of $2,200-3,500, and a currency-based return of 20.6%. Or it is believed that there will be no new events in the market to drive a big market in the short term. The price will fluctuate repeatedly in this range.

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