options skew is underpricing basis compression
The edge is often just refusing to confuse volume with conviction.
Positioning often matters more than the headline itself.
Against the backdrop of “GOPAX halts crypto trading, withdrawals to move all assets to cold storage” and “Here’s what happened in crypto today”, positioning still matters more than slogans.
Discipline is cheapest before volatility arrives.
The edge is often just refusing to confuse volume with conviction.
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