RIP to the people who sold OTM calls against their BTC for yield in the past few weeks/months. They'll have BTC called away at just 60k or 65k and they sold the vol far to cheaply. Save that covered call strategy for your Pepsi stock maybe. @AtomicFinance @danheld
After weeks of a steep contango curve #BTC is finally seeing a Contango IV Term Structure... This couple with a sharply lower skew (bid to puts)... Traders are buying puts into this rally.... 👀
2
0
0
4
Still a win! Can't be too mad
1
0
0
0
Hey, I heard there was yield in front of that steamroller over there, I'm gonna go pick some up.
1
0
0
0
Not really a steam roller though. One wouldn't complain that the underlying rallied when they sold a cash secured put, would they?
2
0
0
0
True. I'm making a point about the protocols and apps that abstract away what's happening with the options, and give 3 easy click options in the UI for safe/medium/risky yield via options. I think its kinda dumb to own crypto and cut off the fat right tail upside.
1
0
0
1
Hey Michael - we're always happy to hear folks' feedback. These are the main takeaways we heard from our early users - we published this in our investor update that we publicize on our blog. Our product is early and there are numerous iterations to come.

10:43 PM · Oct 15, 2021

1
0
0
3
What's clear is our v1 didn't quite cut it, and we're working on improving it to better serve our users and protect their capital. Check out our public investor update here if you're interested: atomic.finance/blog/july-21-…
0
0
0
3