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2024-09-23 13:53:49

MDB on Nostr: Could this be happening? For example with an institution like BlackRock? Controlling ...

Could this be happening? For example with an institution like BlackRock?

Controlling Bitcoin Price within a Range Using Spot ETFs & Options?

1. Spot ETFs:

- Buy to raise price: Accumulate Bitcoin in the ETF to reduce market supply and drive up prices.
- Sell to lower price: Distribute Bitcoin to increase supply and put downward pressure on prices.
- Issuance/redemption: Redeem ETF shares to remove Bitcoin from circulation (raising prices) or issue more shares to add supply (lowering prices).

2. Options:

- Call options to push price up: Buy deep in-the-money calls, forcing market makers to buy Bitcoin to hedge, creating upward pressure.
- Put options to push price down: Buy deep in-the-money puts, forcing market makers to sell Bitcoin to hedge, driving the price down.
- Short calls/puts: Selling calls adds downward pressure, while selling puts adds upward pressure.

3. Maintaining price range:

- Upper limit: Near the upper limit, sell Bitcoin from the ETF and buy puts or sell calls to prevent further price rise.
- Lower limit: Near the lower limit, buy Bitcoin in the ETF and buy calls or sell puts to push the price up.

4. Market sentiment: Large options trades influence market sentiment, driving participants to follow your price direction.

5. Hedging and rollovers: Continuously roll over options contracts and hedge positions to sustain control over the price range.
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npub1ddxxz2v3zvk0f3krjrww4tn4qsdej496f7wyvkk2wzltx5yptfts6mfrmf