HYPE mean-reversion trading with 1 brain cell (Full Tradingview Model)
Comments (7)
hi ben, why don't you long HYPE and short PURR instead, to get the difference between the two? aren't you exposed to HYPE going up more than the collapse of the premium?
Hey sorry just saw this. You definitely could do that, it's just that you have to tie up 2x as much money in the trade, and because the edge is on the PURR leg you don't get anything extra in expected returns (but you do reduce some risk).
ben what do you think about shorting UGA the gas fund ?
What’s the idea behind that?
So in regards to MSTR and the Ponzi scheme talk- yeah okay by definition it’s not a Ponzi scheme but in the end doesn’t it kindve rely on everyone having this trading strategy but some people have to be left holding the bag? Also hasn’t MSTR been essentially changing their own mnav formula to make it look better? No positions in it, just seems kinda sketchy watching people throw a huge percentage of their money in it
Yup you’re exactly right nothing is created just transferred. I don’t know about them changing formulas but could be possible for sure. The reason I make the distinction is I don’t think what they’re doing is necessarily unethical, (though the marketing can be very deceptive). If people wanna overpay to get HYPE in tradfi, someone the market provides this service to them. The sketchy part IMO is when people misrepresent what it actually is, which sometimes happens in the MSTR community
https://www.tradingview.com/script/eXbsJObg-Ur-mom-s-HYPE-mean-reversion-trade/ Let me know if this works