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141. ETH to $50k and $71,000 Girlfriend Chatbot

Alfalfa Podcast

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How to Characterize Money on Puts

You have like really high upside volatility, but then these options get priced on both sides. These are priced on black shoals, which is prices in vol. So bottom line is like, I think this is a win-win scenario. And if I lose them, fine. Like I just own the out the common fine. It's like a steep discount to what I think the actual valuation is.

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