On November 1, according to data from Deribit officials, there was a significant ETH options trade that saw a user sell a $2,550 call option totaling 1,750 ETH and earning a premium of $289,000. It is speculated that the user might have a large amount of ETH and chose to sell some call options ahead of the election to not lose profits. In case the price remains less than US$2,700 at the time of delivery, the user will have a profit. With a currency income of 5.45% (16.6% annualized), the trade proved to be profitable.
Source: [BlockBeats news](https://m.theblockbeats.info/news/268741)