Greeks.live macro researcher Adam published an analysis of recent weekend options block trades on X:

Last weekend, large-volume options trading was concentrated on BTC, mainly calendar spreads. Trading was not active and was normal for weekends.

There is a very peculiar calendar spread. The IV of buying 12OCT24-60000-C is as high as 495%, which means that an option worth 0.004 BTC was bought at a price of 0.0434 BTC per piece, and 100 BTC was bought.

According to its analysis, the user may have made a mistake (clicked the wrong decimal point), and the counterparty of this transaction directly earned nearly 4 BTC. #ETH