Introducing Fidelity Bloom, a new way to save and spend. You’ll automatically get a 10% match on your first $300 of deposits. And, once you open an account and deposit $25 or more, we'll drop in a $50 reward. Give your money a chance to flourishIntroducing Fidelity Bloom, a new way to save and spend. You’ll automatically get a 10% match on your first $300 of deposits. And, once you open an account and deposit $25 or more, we'll drop in a $50 reward. Give your money a chance to flourish.
1/ "When I trade, I trade with conviction, in size. The 36hrs succeeding the merge will be turbulent, so get out of the kitchen if you can't stand the heat. If I exit a position without financially crippling my counterparty, I made a mistake."
- Jeff "About That Life" Bezos
1/ ETH is trading in the low-mid $1700s range, up ~20% over the past 2 weeks, bouncing from a 1-month low in the low-mid $1400s range on Aug. 28th.
ETH options OI remains markedly call skewed, with the call/put OI ratio hovering around 4:1.
1/ The Merge is looming, macro conditions are hazy, and the market is flooded with leverage.
BTC and ETH leverage ratios have sailed to record highs, and derivatives markets may be in store for a whirlwind of volatility.
Our intern tells us there's nothing worse than the dopamine driven emotional rollercoaster of seeing 50+ notifications only to see they are because the account was tagged by Solana Universe
We worked with @Bybit_Official to dig deeper into ecosystem-level analytics concerning the Solana network across Q2.
Full report here:
https://t.co/bSDalozY5Z
Key details of the report below. 🧵
1/ Options Premium 📖
The premium of an option consists of intrinsic and extrinsic value.
Extrinsic value can be inferred by subtracting intrinsic value from the total premium (premium - intrinsic value = extrinsic value).
The awesome thing about firedancer is that it’s guaranteed to work. It’s just a question of how many cores does it take to get to 10gbps. Is it 512? 1024? Doesn’t really matter once it’s proven. It’s just a matter of time for that number to be standard. 🔥 💃
Most of us probably use Nansen, Dune, DefiLlama and Parsec quite frequently.
Today I want to share 10 research tools that are not that well known but I find particularly useful.
See below 👇🧵
1/ An Iron Condor is a risk-defined directionally neutral options strategy that profits when the market realizes lower volatility than was implied.
The strategy's name is owed to its short volatility posture and the resemblance of its P/L diagram to a condor with spread wings.