Deribit options bulk data: A user sold September 2700 USD put options and 3400 USD call options

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media that today the largest block options for ETH: someone collected a premium of $327,000, selling 750 ETH in total, with put options at a strike price of $2,700 and call options at $3,400, both expiring at the end of September.

According to the analysis, this person is shorting volatility, with a profitable price range of $2,300 to $4,000, achieving a coin-based return of 14.6% (annualized approximately 60.8%).