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What is Abu Souris thinking? ๐
Put contracts on the S&P 500 index $SPY jumped from 150,000 to 1,188,400 contracts (+692%) as the largest position in the portfolio worth $773 million (compared to only $102 million last quarter)
Total puts in the portfolio increased from 12% to 23% of the total portfolio (from $917 million to $1.69 billion), and calls were reduced by 48% (from $255 million to $133 million)
Very strong hedging
#TradfiTradingChallenge #CryptoMarketDrops150KLiquidated ##DailyPolymarketHotspot #GateAprilTransparencyReport $BTC $GT $VMT