Oddbean new post about | logout
 Anybody excited for bitcoin options trading going live tomorrow? 👀
—seems like a perfect set up for a Gamma Squeeze. As people start YOLOing $IBIT call options, market makers will have to hedge by purchasing the underlying, driving up the price…
🍻👊🏻🧡 
 It’s going to be interesting 
 Options is one of the things that I do for a living so I’m excited to learn $IBIT price action and extract as much fiat as I can from it so I can exchange it for real value. 

And hopefully they don’t squeeze me out of my positions haha. 
 Yes, let’s go 🤙 
 Great news, very bullish for #bitcoin 
 I heard they won't start trading until mid Dec 
 I am now! 
 Market order at the open. 
 Do we really need more volatility? Isn't the volatility of pure Bitcoin high enough? 
 Not for me.  90% on my net worth is in btc.  I still have to day trade for a living and Im certainly not trading/selling any btc. Ever.