How $MTPLF sold cash-secured-puts to:
• Collect immediate cash
• To buy more $BTC

On Oct 3, 2024 MetaPlanet got paid for promising to pay $62k for 223 Bitcoin by Dec 27, 2024.

🧵This thread breaks down the economics & compares the trade to retail put options on $IBIT 👇 Bitcoin's price fluctuated between $59,800-$61,500 on Oct 3.

But MetaPlanet was promising to buy Bitcoin in 3-months at a price slightly above ($62k).

Therefore, they got payed a bigger premium for selling a slightly in-the-money put option

Let's see how much they collected👇

Want to buy $BTC cheaper,
but worried it rips higher w/o you?

This $IBIT #options strategy ensures you won't miss the ride to All-Time-Highs 🚀

🧵Here's a thread with:
· What you need to get started
· How this upside collar works
· Full risk/reward ฿reakdown👇 ฿itcoin & its ETF $IBIT has been trading in a range for the last 3 months:

· Nov 15, 2024
· Feb 14, 2025

Maybe you get lucky & buy lower

Maybe you just miss out on ATHs

This "$IBIT Upside Collar" strategy uses #options to hedge against FOMO if it breaks out of its range!

Want to use a @Ledger w/ a Self-Directed IRA or Roth?

Learn the gray area behind "your keys your #crypto" when using the Checkbook LLC in an IRA which may be a ticking time bomb 💣

+ The black-letter-law workaround allowing you to contribute much more than $6k/year🧵👇 Nov 2021

Tax court ruled in McNulty v. Commissioner that #gold bought w/ an LLC-IRA but parked in her personal safe was a distribution.

= Tax + 10% penalty!

Let's delve deeper into the ruling to see how this applies to your #crypto private keys in a Self-Directed IRA/Roth.

Some reflections from investing in the $LUNA $UST debacle. 🧵👇 1/16

DISCLOSURE: I'm a moron who lost a metric-ton of capital this week on a project currently circling the drain to $0.00, so read & heed at your own peril.☠️ 2/
#Diversification isn't sexy, but can help you live 2 fight another day

Diversify by:
-asset class (stonks, gold, crypto, stable)
-account (margin, IRA, Roth, multi-wallet)
-strategy (stake, LP, leverage, hedge)

Concentration can get you to the moon faster but far less often.

4.5-min vid on some fundamental differences between borrowing w/ $bLUNA vs. $LUNAx

Short 1/6 🧵👇 for scrollers.
YT-Video: 2/6 How these 2 tokens interact w/ staking rewards is key:

$bLUNA: emits the prevailing staking yield in $UST (which provides versatile usage throughout #Terra)

$LUNAx: converts rewards into $LUNA & auto-compounds this added exposure unto itself so its value inflates over time

I'm like "Wow, everyone withdrew their $aUST!" then I realized everyone's $bLUNA bids just got activated @TeamKujira

Pro tip: if you're not in one of the front pools, then use the "custom" feature for your activation parameters.

Instructional 🧵👇 1/7 2/7
After choosing the amount of your bid and toggling between $UST & $aUST, you'll arrive at this screen.

I always choose custom!

You'll know why after the following tweets...

After learning about @miawtrader's $Luna-HODL, I realized how powerful an LP of 2 LPs can be if all 4 are assets you want to own anyway!

Who's going to give us open architecture to interlink whichever LPs we want for enhanced rebalancing w/ fee accrual?

Short 🧵👇 1/7 2/7
Will it be @miawtrader the originators themselves who combined both the $LUNA - $bLUNA & the $LUNA - $UST liquidity pools into their LP-Quad called $Luna-HODL?

What if they added the $LUNA - $LUNAx LP as well?

My original thread on $Luna-HODL below:

https://twitter.com/hutchonthego/status/1505436432277549056?s=20&t=OpmovpqK3OvxAxh4Tbbb2g

Wondering what this "LunaHODL" thingy is on @miawtrader's "LP Tower" page?

Learn how it rebalances $LUNA $bLUNA & $UST along with fee accrual?

See the gritty details in my latest video or read the 🧵 1/12👇
2/12
To enter LunaHODL you need equal dollar amounts in both the $LUNA/$UST & $bLUNA/$LUNA liquidity pools on @terraswap_io.

In his video above, Hutch tracks the difference in performance between keeping both LP positions separately vs. combining them in @miawtrader's LunaHODL.

Wondering what this "LunaHODL" thingy is on @miawtrader's "LP Tower" page?

Learn how it rebalances $LUNA $bLUNA & $UST along with fee accrual?

See the gritty details in my latest video or read the 🧵 1/12👇
2/12
To enter LunaHODL you need equal dollar amounts in both the $LUNA/$UST & $bLUNA/$LUNA liquidity pools on @terraswap_io.

In his video above, Hutch tracks the difference in performance between keeping both LP positions separately vs. combining them in @miawtrader's LunaHODL.

🤔NFA, but if you think we're @ the bottom, this risk/reward proposition may pencil

See calculation in 🧵 but @Shigeo808 must get liquidated 3 times going down to be worse off than just HODLing the 638 $LUNA.

Even then he's risking ~55 off a 638 stack to get 863 more $LUNA. 1/6

https://twitter.com/Shigeo808/status/1504992764026449922

2/6
Am I looking at this correctly?

I took the 1501 $bLUNA he looped off the original 638, and even if he got liquidated at an 8% premium 3 separate times on the way down, he'd still only have 55 less $bLUNA than he started with.

Borrowers are rewarded & savers punished.

Both #CeFi & #DeFi's financial elite have mastered "strategic leverage". Banks themselves amplify $$$ w/ fractional reserve lending @ these rates below.

If you can't beat whale arbitragers, join 'em!
Learn how in this mega-thread🧵👇 2/ We'll be covering loans on:

- 0% Credit Cards
- Cars
- 401k
- Stock Brokerages
- Life Insurance
- Real Estate
- & On #Terra there's @anchor_protocol, @mars_protocol, @EdgeProtocol, @mirror_protocol

*(leverage amplifies the risk & reward potential of any investment strategy)

Ser @Route2FI is onto something here with his "Quasi-Delta Neutral" tactic using $mSPY & $mVIXY.

There is so much potential with variants of @DrCle4n's original "Looped-Short" strategy if we can get some new legos onto @mirror_protocol

Here's the problem & SOLUTION in the 🧵👇

https://twitter.com/Route2FI/status/1495465959682977799

1) SPY goes⬆️wen VIXY goes⬇️and vice versa. BUT...

SPY is an ETF owning stocks to tracking the S&P 500 index (linear)

VIXY is an ETF owning futures contracts tracking the VIX, which measures market sentiment through rolling 30-day put-option pricing on the S&P 500 (non-linear).

Quick update that my "aUST+Short-mSPY" strategy @mirror_protocol worked like gangbusters. Closed all positions Monday for a tidy "uncorrelated" profit so I could manage LTV% during the crypto dump.

Scroll thru my "short" 🧵👇 for what I learned & ways to improve the strategy. 1/

https://twitter.com/Shigeo808/status/1486419942157086724

2/
The good, the bad, & the ugly:

The GOOD:
I ended with more UST than I started with due to $aUST compounding & $mSPY falling. (Better than LPs losing value)

The BAD: $mSPY drop was so quick from when I started earlier in January that the $aUST didn't have much time to earn.

LUNAonomics 101: A Beginner's Guide to Borrowing Against $LUNA.

This strategy can be so rewarding yet so dangerous for the uneducated. So I started with the concept & mindset before going too deep into tactics.

Share with newer #LUNAtic larva. Short🧵👇

2/5
I know there's a thriving Discord community fluent with the "LUNAonomics" strategy.

But Discord can be really daunting!.

Thankfully, "DanB" @danbryan80 spent about 45-min walking me through how it works and it's quite cool