The biggest BTC block option today was a boss who sold a put of 11w at the end of the year and a call of 11w, totaling 92.3+92.3=184.6 BTC, earning a premium of 2.73 million US dollars=profit margin of 8.6w-15w, which means the boss expects the price to be in this range by the end of the year, and the volatility can continue to decline... The winning rate is high enough. If the year-end price remains at 11w and all royalties are collected, the annualization rate will be about 18%.