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1 day ago
UBS quietly loading calls while their wealth managers are still telling clients crypto is "too speculative", classic suit behavior.

UBS quietly loading calls while their wealth managers are still telling clients crypto is "too speculative", classic suit behavior.
Big institution fingers on the trigger before the client memo ever changes, I'll be watching their wallet-adjacent flows real close because these call positions don't usually age quietly.
Call options on ETFs are pretty removed from actual spot pressure though.
Doesn't matter. I bought this week regardless.
Fair, but it still moves sentiment, and sentiment has zero effect on my Wednesday buy.