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Meme coin millionaire is kinda silly sounding. Considering Bill Hwang made billions by simply buying under-priced CALLs on the Nasdaq. :sneaky:

I would put this as as long-tailed only. I've got some LONG CALLs for mini-lotto tickets, but I'm ok with just making a few bucks here and there. A much fatter-tail, is that the EU ends up banning PoW cryptos again. That's BTC that would get the axe first, with many other tree-hugging...

Tuesday, May 30: I carried out some more LEAP trades on my lunch-break. Shorted a couple PUTs on RIOT. Used most the cash to go long on 20 CALLs for HIVE. Both options have a DTE of 600 days. Special Notes: This is the first time I am involved in trading derivatives with crypto-miners...

I have one or more of his books in my library, but I don't have anything memorable from them...

I finally did my first trade today on crypto-miners today. Shorted PUTs on RIOT, and bought 20 CALLs on HIVE with a DTE of ~600

Log: May 29 US Markets were closed, but Canadian open. I decided to purchase a bunch of shares of Ether Capital ETF (NEO: ETHC). I will TRY to halt from purchasing any more ETH related products. I keep telling myself I need to stop doing this, I am already over-weighted in both crypto & bank...

I've seen people refer to that as the 'Mark' price, but that can get confusing fast since different markets & derivatives use the Mark for something else...

Volume II of this title was pretty damn good. So now I picked up the original Vol. I at the library and will see what else I have missed the last few years.

What you said doesn't seem to make sense to me. BTC can not be staked because of its consensus. It is PoW, not PoS. Only way I can see staking crackdowns affecting BTC, is people selling off ETH to get out... and then arbitragers moving out of BTC and into ETH to fill the gap.

At @deaddog 's suggestion, I have finally started to crack open this title, after I had the book sitting here for around a year or so. Looks like it may be interesting... I'm around page 50 so far, nothing too informative about penny stocks (yet). The author is still ranting about narcissistic...

Why are we excited? I would prefer to see no rally. I am fine just bleeding out theta on my short-PUTs as is, and would prefer the cheaper spot-values so I can get more value from additional LONG trades/investments at the present time...

I guess the bears were wrong again with their repeat of "This time it's different". Well don't you worry, one of these decades (centuries?) they'll get it right. Even a broken clock manages this... :sneaky:

Friday May 26th re-cap. Not much craziness this week. My options position going into the close for the weekend: Though, I am no longer ITM when looking at after-hours trading for Sono on those 15-strike PUTs. Here is the main reason I suspect for the jump in after-hours that just came out...

The market is going to close in less than 15 mins. Every tech & crypto stock up this Friday, except for COINbase. Hmm..... Any bad news I missed?

I've already been slowly accumulating long-term Canadian Fed bonds while they are on fire-sale for many weeks. And they're trending lower still. The problem, is I would much more prefer to sink all deployable cash into the REITs which are also tanking hard. Office reits have a very high...

How is one to guess since market-open wasn't until hours away. If it's that obvious we all know here, why is no one arbitraging it away?

COIN was down a tad again today, so I slowly ticked across the spread before market close to get a fill. In other plans, I am debating on taking a stronger look at Hut 8 later this weekend. As much as I hate miners, and I expected them to crash post-merge (exactly what happened)... there...

I took a small advantage on today's down-day to short a LEAP over Coin.

Oh look! It's our failure Gensler back in his earlier days when he did a terrible job at nailing fraudulent Futures Trading Institutions. That was before he got demoted into dealing with crypto exchanges. I wonder why he got demoted... Listen closely!