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Matt O'Connor

Verified account LEGION

@matty_

evolving private markets @uselegion | CFA charterholder, former Bridgewater, Techstars, Stacks | nothing here is financial advice
Joined January 2022
1.7K Following 15K Followers 5.8K Posts

Latest posts 5

Matt O'Connor Verified account @matty_
This is the way
Dan Rysk Verified account @DanDeFiEd Oct 20
An alternative way to accumulate HYPE at lower prices is through cash-secured puts, a very common strategy on Rysk.

With HYPE trading at $78, users can sell $75.50 puts, earning ~61% APR with premium paid upfront.

- If HYPE stays above $75.50 at expiry on October 30th, they keep the premium.

- If it drops below, they get HYPE at $75.50 and still keep the premium.

A simple way to earn yield on stables while waiting to accumulate HYPE at lower prices.
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