There's an owner of Sell ethereum options who's charging wild premiums, can volatility be shorted?
Deribit Lin (X account: LinChen91162689): The “big whale” started, there is a boss sell the end of October 2700 U.S. dollars Call and Put, a total of 500 pieces of $ ethereum (ETH.CC) $, collected 282,000 dollars of royalties.
The owner should be short volatility, profit range is $2200-3500, the currency position gain of 20.6%. Maybe he thinks that there is no new event in the market to push the market in the short term. The price will hover in the range repeatedly.
Now to October really no big events, feel the dark current. For October expiration, it's true that the election isn't over yet, but the rate cuts may have all started, although it feels like the impact of the rate cuts have been PRICE-IN ......
There is a cowboy boss to talk about the trend behind the digital currency volatility
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