Shorting

Oh no! Let’s talk about shorting Tether. Tether is the largest of the crypto stablecoins, a crypto asset pegged to the US dollar or some other fiat currency. Described that way, it sounds harmless enough.  So why might someone want … Read more

I just bought put options on MicroStrategy ($MSTR), Coinbase ($COIN), and Purpose Bitcoin ETF ($BTCC-B.TO), all at a strike price not far off the current (late June) price, expiring around Christmas. Here’s the thinking. Context · But first: This is … Read more