CC at 
@derivexyz

Founder at 
@settled_here


Crypto / Blockchain / DeFi / AI / Tokenization

https://cptrandlelwa.substack.com

Gap risk:

Sudden overnight or event moves

Stops do not work, but options do

Use short dated puts before major news

Tail risk:

Black swan events, flash crashes, regulatory shocks

Hedge with long dated, far OTM puts

Size to survive, not just smooth the ride

Day 59 of the Derive Options Masterclass

Real risk is not just volatility, it is the unexpected

Today, hedging advanced risks: tail risk, gap risk, and portfolio correlation

Thread below

#Derive #OptionsTrading #Crypto #DeFi