According to Odaily Planet Daily, Greeks.live macro researcher Adam released a recent analysis of weekend options block trades: Last weekend, block options transactions were concentrated on BTC, mainly calendar spreads, and transactions were not active, which was normal trading volume on weekends.

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

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