RT by @adam3us: If you – buy 1 btc @ $57K – sell 1 Mar2022 $80K call option @ $13K – buy 1 Mar2022 $60K put option @ $13K .. then your guaranteed return (apart from exchange risk) will be between 5%-40%. 5% when btc $80K Mar2022. No wonder Buffett & Munger hate #bitcoin

Published by andrewpbreen@gmail.com on

If you
– buy 1 btc @ $57K
– sell 1 Mar2022 $80K call option @ $13K
– buy 1 Mar2022 $60K put option @ $13K
.. then your guaranteed return (apart from exchange risk) will be between 5%-40%. 5% when btc <$60K and 40% when btc >$80K Mar2022. No wonder Buffett & Munger hate #bitcoin

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