Episode Details

Everything You Need To Know About The New Bitcoin ETF Options | Jeff Park
11/21/2024
On The Margin β†—

Key Insights

Bullish:

  • 🟒 $BTC - Extremely bullish outlook on Bitcoin due to new ETF options, expecting extraordinary upside potential. Bitcoin's unique volatility smile in options trading creates additional opportunities.
    • β€œWe're going to be on the verge of witnessing one of the most extraordinary upside of all events in financial history.” - Jeff (3:04)
    • β€œBitcoin is unique because it actually has what is called the volatility smile, and it means that the call options can be just as expensive as the put options.” - Jeff (6:14)
    • β€œWhen dealers are short gamma, it creates momentum.” - Jeff (35:03)
  • 🟒 $CRYPTOTRADERS - πŸ”’
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  • 🟒 $MSTR - πŸ”’
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