CryptJynx
4.7K posts
@CryptJynx
$POL ~ $Matic holder since 3/2021 Polygon Bullish on the future!
SENATOR CYNTHIA LUMMIS SAYS CRYPTO YIELD NEGOTIATIONS MAKING PROGRESS BUT REMAIN IN A DELICATE STATE
Crypto markets—and the millions of Americans who participate in them—deserve long-overdue clarity. Under President @realDonaldTrump's leadership, we are well on our way. My latest in @CoinDesk with SEC Commissioners @HesterPeirce and Mark Uyeda ⬇️ ow.ly/5z2050YwxI5
$GLXY alright; final post on the matter (read the thread or don't, idc): ...after having spent almost a year documenting unequivocally obvious predatory trading practices (cross-listed arbitrage, FTD juicing, blatant negative gamma loop, short volume close-out scheme)... /1
$GLXY there is no shot this is underperforming Iren after its $6B ATM. Like, no shot.
JUST IN: Meta is shutting down its metaverse
BREAKING: SEC APPROVES NASDAQ TO LAUNCH TOKENIZED STOCK TRADING
$GLXY GEX: Negative gamma territory. Dealer positioning amplifies moves in both directions here. At $23.10, price is surrounded by negative gamma from $22 down to $18. That means when the stock drops, dealers have to sell too, making the move worse. The only meaningful positive gamma on the chain is at $27.50 above and $16 well below. Between those two levels there is almost no cushion. Key flip: $27.50 — above here dealers start working against the move instead of with it Trapdoor: $25 — deepest negative gamma strike, avoid being near this on weakness Verdict: accelerant risk. No mechanical support nearby. Moves in either direction run until momentum fades, not until a dealer wall catches them. Crypto correlation is the driver here, not options structure.
