Finch

diary of a speculator
prev: co-founder, @pirata_capital @icoalert

[Finch @thatfinchguy]

Pirata began as an experiment, but quickly evolved into a real passion for trading and finding edge in what was the wild west of financial markets. As we weathered the storm of large P&L swings during COVID and the FTX collapse, we steadily improved until market participation became more disciplined and repeatable.

Thank you, @tradertrader350, for the hard work and mentorship from day one. A significant portion of what I know about executing in markets—both structurally and at a nuanced level—comes from your insights. We would not have been so successful without you.

I’m proud of what we built and achieved with Pirata and believe now is the ideal time to sunset the brand. The business of trading and investing across markets remains, albeit ever-changing.

Reflecting on this chapter has me looking forward to the next ones!

[Pirata Capital Management @pirata_capital]

1/ After seven years navigating and building in the crypto markets, we’ve decided to sunset Pirata Capital Management. We’re deeply grateful to the partners, founders, traders, and friends who supported us along the way and we’re excited for what comes next.

[Finch @thatfinchguy]

It was all good just a week ago 🎶🎧

[Insilico Terminal @InsilicoTrading]

gm

[Finch @thatfinchguy]

What's the rate hike news? That market is up like 25% today

[Finch @thatfinchguy]

In the meantime...

- I like 'Fed Rate Hike in 2026' on Polymarket (in from $0.318)
- I like QQQ puts
- I like farming 'No' on the dictators (Putin and Xi) for 10-15% easy money with the 4% earn function on Polymarket

https://t.co/4AT37XUrA6

[Finch @thatfinchguy]

@deltaxbt We're all forced back to the farms. Payroll needed

[Finch @thatfinchguy]

Gonna hold this for now

Bought some atm Sept MSTR puts on Wednesday at ~$134 as well. Everything else is stabled on the active book

[Finch @thatfinchguy]

Short $ETH at $2k

Nothing personal. Nice hedge if BTC continues lower

[Finch @thatfinchguy]

Where do we even close this chat

[Finch @thatfinchguy]

Back to flat, puked the Hype at ~$61

Nearly finessed this whole move down, but held Jeff coin too long. Only about -9% on the tradable book tho I'll take it

[Finch @thatfinchguy]

Swapped the other alts to $HYPE, I think there's more protection there in these times we find ourselves in

[Finch @thatfinchguy]

Meh year trading so far for what is a weird crypto bear market. The QQQ puts in May, hedging BTC too early in April & then closing my puts to flip bullish near $76k recently hurt

Current:
76.5% Passive Stonks
7% Crypto/Active Trading
16.5% Cash

Total Return YTD 15.64%

[Finch @thatfinchguy]

Saylor fud the new tether fud?

[Finch @thatfinchguy]

@ZeMirch I sold my $76k BTC puts underwater at $78k right before the rug, I feel ya lol

[Finch @thatfinchguy]

Checking TradingView this morning 😂

[Champagne Joshi @JoshWalkos]

Bro was genuinely scared to death. 😂 🤣

[Finch @thatfinchguy]

Gm

[Finch @thatfinchguy]

@fozzydiablo

[Finch @thatfinchguy]

You wanted to be the guy in 2023 buying SOL at $30 on the way back up, not down. Big difference

[Finch @thatfinchguy]

If you're sitting in cash or shorts, do not I repeat DO NOT flip long until it feels like it's too late

Last time I flipped long on CZ reviewing the FTX books and saving the industry

[Finch @thatfinchguy]

$50k waiting room anyone?

[Finch @thatfinchguy]

I mean its like a honeypot or something