Let’s say you’re one of these “cycle” bros who think that bitcoin is predestined to fall between -30%, -60%, or more during 2026.
Right now, you can buy $IBIT long puts that expire in January of 2027 at a $42 strike. They’re $4 a contract.
If you’re right and bitcoin falls -30% from by next July, you’ll make 40% on your money. If it falls -60%, you’ll make 330%+. $12,000 —> $52k.
If you’re so convinced and saying this “time isn’t different,” put the trade on, bro.
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