Deribit's largest transaction today: A user sold a $65,000 call option at the end of September, totaling 685 BTC

BlockBeats news, on August 17, according to data released by Deribit officials: Today's largest BTC bulk option transaction, a user sold a $65,000 call option at the end of September, totaling 685 BTC, and earned a premium of $1.349 million.

It is estimated that the user holds a large amount of BTC spot and earns income by selling call options. If the price is less than $67,000 at expiration, it will be profitable, and the currency-based income is 3.7% (about 28.73% annualized).