The Zero Sum Game
What the non-farm payrolls print did not cause, and what the SpaceX IPO is doing to the tape.
Good morning everyone, hopefully your summer has kicked off in high gear!
Please enjoy today’s note its open to everyone, so feel free to like, share and of course subscribe to support our work. For our subscribers please note the corrections in last Thursday’s report we had to correct the Futures Market Program May MTD data as well as the German settlement data. Also of note this weeks hedges for the MEGA9 and MSTR reports will be out later today, we want to see how today’s action goes and then we will set a hedge target in tonight’s outlook. Thank you all for reading our work, our goal is simple, to relay nearly 30 years of derivatives trading knowledge, bumps, bruises and triumphs, so that no matter what your goal is, no matter what your tendencies are, perhaps Magnelibra can shed some light of improvement.
***The following is not hidden by the paywall today, this is a free look for all those interested in reviewing the content and then supporting our work in the future***
***MSTR added 1550 BTC today by further share dilution, we will add those metrics to our report later tonight, also no hedge this morning this program will hedge tomorrow morning and look to sell 135C or higher, full details in tonight’s report***
