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₿eni₿idi₿ici
npub1hqv…p4sd
2024-10-30 03:33:19
in reply to nevent1q…45v3

₿eni₿idi₿ici on Nostr: When you buy puts, the counterparty you buy the puts from will likely sell #bitcoin ...

When you buy puts, the counterparty you buy the puts from will likely sell #bitcoin short to hedge the puts they sold you

So even though you aren’t selling your #bitcoin you are contributing to the margin and short sellers out there who are selling short
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