0xBi|Nov 05, 2025 10:16
A few days ago, I longed BTCDOM and took profit this morning, thinking about getting back in. Just thought it through—if I hold U and want to get BTCDOM, if I sell ETH CALL + buy BTC CALL, would the final effect be very similar to holding U and selling BTC/ETH put?
a. If BTC rises stronger than ETH = didn’t get filled
b. If BTC rises weaker than ETH = BTCDOM will drop, just enough to swap U for BTC DOM + collect the BTC premium spread along the way
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