Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Deribit: A user sold call options expiring on November 22, totaling 1,750 ETH

Deribit: A user sold call options expiring on November 22, totaling 1,750 ETH

Bitget2024/11/01 06:27
ETH-1.92%

Deribit's Asia-Pacific Business Head, Lin Chen, stated that a user earned 289,000 in premiums by selling 2,550 call options due on November 22nd, totaling 1,750 ETH. This user holds a large amount of ETH and chose to sell some call options before the election to gain profits. If the price is below 2,700 at settlement time, this user will make a profit with a coin-based return rate of 5.45%, and an annualized return of approximately 16.6%.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
US Media: The Federal Reserve Will Begin Interest Rate Cuts at the September Meeting
2
Data: $118 million liquidated across the network in the past hour, mainly long positions

Crypto prices

More
Bitcoin
Bitcoin
BTC
$114,941.53
-0.90%
Ethereum
Ethereum
ETH
$4,526.55
-2.87%
XRP
XRP
XRP
$2.97
-3.57%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$914.57
-2.60%
Solana
Solana
SOL
$233.4
-5.39%
USDC
USDC
USDC
$0.9998
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2617
-9.96%
TRON
TRON
TRX
$0.3466
-0.89%
Cardano
Cardano
ADA
$0.8605
-5.75%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter