
The author expresses a "max long" bullish sentiment on Galaxy Digital ($GLXY), citing confidence in Mike Novogratz's market approach. The post highlights a strategy of hedging long positions in a "bubble" by purchasing long-dated puts, noting that a prominent trader recently acquired $4-5B in notional put protection. This approach is framed as a way to maintain long exposure while providing the insurance necessary to act if a market thesis shifts.

By FloodCapital
Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.