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