A BTC block option user on Deribit sold 65,000 call options and put options at the end of August, totaling 263 BTC
Lin Chen, the head of Deribit Asia-Pacific business, posted on X platform today that a certain user sold a total of 263 BTC call and put options with a strike price of 65,000 yuan at the end of August, earning a premium of $2.494 million. By shorting volatility, the profit range of the price is between 56,000 and 76,000 yuan, and the coin-based return on premium is 32.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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