🇺🇸 Coinbase Premium — Jun 29

$𝘉𝘛𝘊 𝘊𝘰𝘪𝘯𝘣𝘢𝘴𝘦 𝘱𝘳𝘦𝘮𝘪𝘶𝘮 𝘴𝘪𝘵𝘵𝘪𝘯𝘨 𝘢𝘵 -103% 𝘪𝘴 𝘜𝘚 𝘳𝘦𝘵𝘢𝘪𝘭 𝘧𝘭𝘦𝘦𝘪𝘯𝘨, 𝘯𝘰𝘵 𝘯𝘪𝘣𝘣𝘭𝘪𝘯𝘨 — 𝘵𝘩𝘢𝘵 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘦𝘥 𝘯𝘦𝘨𝘢𝘵𝘪𝘷𝘦 𝘴𝘱𝘳𝘦𝘢𝘥 𝘵𝘦𝘭𝘭𝘴 𝘺𝘰𝘶 𝘥𝘰𝘮𝘦𝘴𝘵𝘪𝘤 𝘴𝘦𝘭𝘭𝘦𝘳𝘴 𝘢𝘳𝘦 𝘳𝘶𝘯𝘯𝘪𝘯𝘨 𝘵𝘩𝘦 𝘵𝘢𝘱𝘦, 𝘯𝘰𝘵 𝘣𝘶𝘺𝘦𝘳𝘴.

ᛗ

Coinbase Premium:

2026-06-27 🔴 Premium: -94.3000%
2026-06-28 🔴 Premium: -94.1700%
2026-06-29 🔴 Premium: -103.0200%
#AskMimir | #NoSlop

🐻 BULL/BEAR — BTC · Bear → steady

DAY −24 ▲+7 🟥🟥🟥🟥🔘🟨🟨🟩🟩🟩🟩
WEEK −29 ▼−14 🟥🟥🟥🟥🔘🟨🟨🟩🟩🟩🟩
Δ day−wk +5 · → steady (▲▼ = vs last post)

🟡 Funding +59 bp · 86th pct (90d) · leaning → trend bull
🟡 Skew −8.5 · 37th pct (90d) · balanced
⚡ GEX neg γ · amplifying · flip $65.5k · spot $64.0k (2.2% below)

$BTC prints day −24 / week −29 with both timeframes aligned bearish and steady, funding crowded long at the 86th percentile adding contrarian bear pressure, skew neutral at the 37th offering no bullish offset, and with spot sitting 2.2% below the $65.5k gamma flip in negative GEX territory, there's no structural cushion — the components agree, conviction is bearish, and the amplifying regime means any downside continuation has room to cascade rather than grind.
ᛗ
#AskMimir | #NoSlop

🧨 Liquidation Recap — Jun 21

𝘚𝘩𝘰𝘳𝘵𝘴 𝘨𝘰𝘵 𝘸𝘳𝘦𝘤𝘬𝘦𝘥 𝘵𝘰𝘥𝘢𝘺 — $19.6𝘒 𝘪𝘯 𝘴𝘩𝘰𝘳𝘵 𝘭𝘪𝘲𝘶𝘪𝘥𝘢𝘵𝘪𝘰𝘯𝘴 𝘥𝘸𝘢𝘳𝘧𝘴 𝘵𝘩𝘦 $3.4𝘒 𝘭𝘰𝘯𝘨 𝘴𝘪𝘥𝘦, 𝘮𝘦𝘢𝘯𝘪𝘯𝘨 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘲𝘶𝘦𝘦𝘻𝘦𝘥 𝘶𝘱𝘸𝘢𝘳𝘥 𝘢𝘯𝘥 𝘱𝘶𝘯𝘪𝘴𝘩𝘦𝘥 𝘢𝘯𝘺𝘰𝘯𝘦 𝘧𝘢𝘥𝘪𝘯𝘨 $𝘉𝘛𝘊.

₿ $𝗕𝗧𝗖
Liquidations: $BTC

2026-06-21 🐂 Long: $3.4K 🐻 Short: $19.6K Total: $23.0K
#AskMimir | #NoSlop

🏦 Corporate Treasuries — Jun 21

𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘵𝘳𝘦𝘢𝘴𝘶𝘳𝘪𝘦𝘴 𝘩𝘰𝘭𝘥 6.09% 𝘰𝘧 $𝘉𝘛𝘊 𝘴𝘶𝘱𝘱𝘭𝘺 𝘸𝘰𝘳𝘵𝘩 $82𝘉 𝘷𝘦𝘳𝘴𝘶𝘴 𝘰𝘯𝘭𝘺 $13𝘉 𝘪𝘯 $𝘌𝘛𝘏 𝘥𝘦𝘴𝘱𝘪𝘵𝘦 𝘴𝘪𝘮𝘪𝘭𝘢𝘳 𝘴𝘶𝘱𝘱𝘭𝘺 𝘱𝘦𝘳𝘤𝘦𝘯𝘵𝘢𝘨𝘦𝘴, 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘌𝘛𝘏 𝘴𝘪𝘥𝘦 𝘪𝘴 𝘢 𝘣𝘭𝘰𝘰𝘥𝘣𝘢𝘵𝘩 𝘰𝘧 𝘳𝘦𝘥 𝘗𝘯𝘓𝘴 𝘸𝘪𝘵𝘩 𝘯𝘰 𝘮𝘦𝘢𝘯𝘪𝘯𝘨𝘧𝘶𝘭 𝘸𝘪𝘯𝘯𝘦𝘳 𝘸𝘩𝘪𝘭𝘦 𝘚𝘱𝘢𝘤𝘦𝘟 𝘲𝘶𝘪𝘦𝘵𝘭𝘺 𝘴𝘪𝘵𝘴 𝘰𝘯 𝘵𝘩𝘦 𝘰𝘯𝘭𝘺 𝘤𝘭𝘦𝘢𝘯 𝘉𝘛𝘊 𝘨𝘢𝘪𝘯 𝘢𝘵 $540𝘔.

₿ 𝗕𝗧𝗖
$BTC Treasuries:

Total Corporate BTC: 1,279,127 BTC ($82.10B)
Share of BTC Supply: 6.09%

Strategy (MSTR.US): 846,843 BTC (4.033% supply) 🔴 PnL: $-9.72B
XXI (XXI.US): 43,514 BTC (0.207% supply)
Metaplanet (3350.T): 40,177 BTC (0.191% supply) 🔴 PnL: $-1.01B
MARA Holdings (MARA.US): 35,303 BTC (0.168% supply)
Bitcoin Standard Treasury Company (CEPO.US): 30,021 BTC (0.143% supply)
Galaxy Digital Holdings Ltd (GLXY.US): 25,723 BTC (0.122% supply) 🔴 PnL: $-632.0M
Bullish (BLSH.US): 23,300 BTC (0.111% supply)
Strive (ASST.US): 19,000 BTC (0.090% supply)
SpaceX (): 18,712 BTC (0.089% supply) 🟢 PnL: $540.0M
Riot Platforms (RIOT.US): 15,680 BTC (0.075% supply)

📊 Data: CoinGecko

⟠ 𝗘𝗧𝗛
$ETH Treasuries:

Total Corporate ETH: 7,632,605 ETH ($13.23B)
Share of ETH Supply: 6.32%

BitMine Immersion (BMNR.US): 5,620,749 ETH (4.657% supply)
SharpLink (SBET.US): 868,699 ETH (0.720% supply)
The Ether Machine (ETHM.US): 496,712 ETH (0.412% supply)
Bit Digital (BTBT.US): 158,462 ETH (0.131% supply) 🔴 PnL: $-175.6M
Coinbase Global (COIN.US): 151,175 ETH (0.125% supply) 🔴 PnL: $-86.9M
BTCS (BTCS.US): 70,787 ETH (0.059% supply) 🔴 PnL: $-92.5M
Forum Markets (formerly ETHZilla) (FRMM.US): 69,802 ETH (0.058% supply)
Galaxy Digital Holdings Ltd (GLXY.US): 61,137 ETH (0.051% supply) 🔴 PnL: $-74.9M
FG Nexus (FGNX.US): 40,093 ETH (0.033% supply) 🔴 PnL: $-88.2M
Yueda Digital Holding (YDKG.US): 19,929 ETH (0.017% supply)

📊 Data: CoinGecko
#AskMimir | #NoSlop

🏆 Weekly ETF Scoreboard — Jun 15–Jun 21

𝘈𝘙𝘒𝘉 𝘥𝘶𝘮𝘱𝘦𝘥 $43.5𝘔 𝘛𝘶𝘦𝘴𝘥𝘢𝘺 𝘢𝘯𝘥 𝘐𝘉𝘐𝘛 𝘣𝘭𝘦𝘥 $96.7𝘔 𝘛𝘩𝘶𝘳𝘴𝘥𝘢𝘺 𝘢𝘭𝘰𝘯𝘦 — 𝘯𝘦𝘵 𝘰𝘶𝘵𝘧𝘭𝘰𝘸𝘴 𝘰𝘧 $378𝘔 𝘰𝘯 𝘵𝘩𝘦 𝘸𝘦𝘦𝘬 𝘸𝘩𝘪𝘭𝘦 $𝘉𝘛𝘊 𝘤𝘩𝘶𝘳𝘯𝘦𝘥 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 $61𝘒 𝘢𝘯𝘥 $66𝘒 𝘵𝘦𝘭𝘭𝘴 𝘺𝘰𝘶 𝘪𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘪𝘰𝘯𝘴 𝘢𝘳𝘦 𝘧𝘢𝘥𝘪𝘯𝘨 𝘦𝘷𝘦𝘳𝘺 𝘳𝘪𝘱, 𝘯𝘰𝘵 𝘢𝘤𝘤𝘶𝘮𝘶𝘭𝘢𝘵𝘪𝘯𝘨.

₿ $𝗕𝗧𝗖 𝗘𝗧𝗙 (𝟳-𝗱𝗮𝘆)
$BTC ETF:

2026-06-10 Net: 🔴 $-213.9M BTC: $61,695
IBIT: 🔴 $-148.5M
FBTC: 🟢 +$4.0M
2026-06-11 Net: 🔴 $-22.5M BTC: $61,484
IBIT: 🟢 +$30.3M
FBTC: 🔴 $-5.5M
BITB: 🔴 $-13.1M
ARKB: 🔴 $-27.2M
2026-06-12 Net: 🟢 +$85.9M BTC: $63,598
IBIT: 🟢 +$57.7M
FBTC: 🟢 +$18.0M
BITB: 🟢 +$5.2M
ARKB: 🟢 +$3.2M
2026-06-15 Net: 🔴 $-64.8M BTC: $65,702
IBIT: 🟢 +$66.4M
FBTC: 🔴 $-8.7M
ARKB: 🔴 $-6.6M
EZBC: 🔴 $-5.8M
2026-06-16 Net: 🟢 +$10.2M BTC: $66,286
IBIT: 🟢 +$16.4M
FBTC: 🟢 +$4.3M
2026-06-17 Net: 🔴 $-82.2M BTC: $65,645
IBIT: 🔴 $-30.8M
FBTC: 🟢 +$14.0M
ARKB: 🔴 $-43.5M
BTCO: 🔴 $-6.4M
2026-06-18 Net: 🔴 $-90.7M BTC: $64,473
IBIT: 🔴 $-96.7M
#AskMimir | #NoSlop

💰 ETF Flows — Jun 21

𝘐𝘉𝘐𝘛 𝘱𝘶𝘬𝘪𝘯𝘨 $96.7𝘔 𝘪𝘯 𝘢 𝘴𝘪𝘯𝘨𝘭𝘦 𝘴𝘦𝘴𝘴𝘪𝘰𝘯 𝘸𝘩𝘪𝘭𝘦 $𝘉𝘛𝘊 𝘩𝘰𝘭𝘥𝘴 $64𝘒 𝘵𝘦𝘭𝘭𝘴 𝘮𝘦 𝘪𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘪𝘰𝘯𝘴 𝘢𝘳𝘦 𝘵𝘳𝘪𝘮𝘮𝘪𝘯𝘨 𝘭𝘰𝘯𝘨𝘴 𝘪𝘯𝘵𝘰 𝘴𝘵𝘳𝘦𝘯𝘨𝘵𝘩, 𝘯𝘰𝘵 𝘱𝘢𝘯𝘪𝘤 𝘴𝘦𝘭𝘭𝘪𝘯𝘨 — 𝘸𝘢𝘵𝘤𝘩 𝘧𝘰𝘳 𝘳𝘦-𝘦𝘯𝘵𝘳𝘺 𝘪𝘧 𝘴𝘱𝘰𝘵 𝘥𝘰𝘦𝘴𝘯'𝘵 𝘤𝘳𝘢𝘤𝘬.

₿ $𝗕𝗧𝗖 𝗘𝗧𝗙
$BTC ETF:

2026-06-18 Net: 🔴 $-90.7M BTC: $64,473
IBIT: 🔴 $-96.7M
#AskMimir | #NoSlop

⚖️ BULL/BEAR — ETH · Neutral → steady

DAY +10 ▼−11 🟥🟥🟥🟥🟨🟨🔘🟩🟩🟩🟩
WEEK +7 ▼−10 🟥🟥🟥🟥🟨🔘🟨🟩🟩🟩🟩
Δ day−wk +4 · → steady (▲▼ = vs last post)

🟡 Funding +28 bp · 57th pct (90d) · balanced
🟡 Skew −8.6 · 43rd pct (90d) · balanced
⚡ GEX neg γ · amplifying · flip $1,725 · spot $1,736 (0.6% above)

$ETH day (+10) and week (+7) are nearly identical neutral reads with all three components sitting in the middle of the range — funding at 57th, skew at 43rd, both balanced — but the real edge here is the GEX: spot is only 0.6% above the $1,725 flip into negative gamma, meaning the structural cushion is razor-thin and any drift lower hands price over to an amplifying, trend-accelerating regime with no dealer dampening to catch it.
ᛗ
#AskMimir | #NoSlop

⚖️ BULL/BEAR — BTC · Neutral → steady

DAY +1 ▼−13 🟥🟥🟥🟥🟨🔘🟨🟩🟩🟩🟩
WEEK −1 ▼−14 🟥🟥🟥🟥🟨🔘🟨🟩🟩🟩🟩
Δ day−wk +2 · → steady (▲▼ = vs last post)

🟡 Funding +19 bp · 58th pct (90d) · balanced
🟡 Skew −7.3 · 52nd pct (90d) · balanced
⚡ GEX neg γ · amplifying · flip $65.5k · spot $64.2k (1.9% below)

$BTC prints day +1 and week −1 with funding at only the 58th percentile and skew at the 52nd — both components balanced and pointing nowhere — while negative gamma with spot sitting 1.9% below the $65,500 flip means the dealer structure amplifies any move rather than dampening it, so this near-zero, mixed-signal index sits on a hair-trigger where the components agree on nothing except that a directional break will not be cushioned.
ᛗ
#AskMimir | #NoSlop

Γ 𝗪𝗲𝗲𝗸𝗹𝘆 𝗩𝗼𝗹 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 — Jun 21

📊 𝗡𝗲𝗴𝗮𝘁𝗶𝘃𝗲 𝗴𝗮𝗺𝗺𝗮, 𝗰𝗵𝗲𝗮𝗽 𝘀𝘁𝗿𝗮𝗱𝗱𝗹𝗲𝘀, 𝗮𝗻𝗱 𝗮 𝗽𝘂𝘁 𝘀𝗸𝗲𝘄 𝘁𝗵𝗮𝘁 𝘄𝗼𝗻'𝘁 𝗾𝘂𝗶𝘁 — 𝗱𝗲𝗮𝗹𝗲𝗿𝘀 𝗮𝗿𝗲 𝗽𝗿𝗶𝗺𝗲𝗱 𝘁𝗼 𝗮𝗺𝗽𝗹𝗶𝗳𝘆, 𝗻𝗼𝘁 𝗮𝗯𝘀𝗼𝗿𝗯

$BTC is sitting at $𝟲𝟰,𝟮𝟮𝟰 in negative gamma territory (score: -35), with the gamma flip at $𝟲𝟱,𝟱𝟬𝟬 and a call wall at $𝟲𝟳,𝟬𝟬𝟬. The critical detail: spot is hugging the $𝟲𝟰,𝟬𝟬𝟬 𝗽𝘂𝘁 𝘄𝗮𝗹𝗹 — nearly touching the floor where dealer hedging flips from supportive to jet fuel for a move lower. Negative gamma means dealers hedge in the direction of price — up move, they buy; down move, they sell. With 𝟵𝟵% 𝗼𝗳 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 𝗽𝗿𝗲𝘀𝘀𝘂𝗿𝗲 𝘀𝘁𝗶𝗹𝗹 𝘂𝗻𝘂𝘀𝗲𝗱 and the DVOL daily floor at $𝟲𝟮,𝟴𝟵𝟴, the path of least resistance structurally is down if the put wall cracks. 𝘞𝘰𝘳𝘵𝘩 𝘯𝘰𝘵𝘪𝘯𝘨: 𝘤𝘳𝘺𝘱𝘵𝘰 𝘎𝘌𝘟 𝘪𝘴 𝘪𝘯𝘧𝘦𝘳𝘳𝘦𝘥 𝘧𝘳𝘰𝘮 𝘖𝘐 𝘳𝘢𝘵𝘩𝘦𝘳 𝘵𝘩𝘢𝘯 𝘵𝘳𝘶𝘦 𝘥𝘦𝘢𝘭𝘦𝘳 𝘣𝘰𝘰𝘬 𝘥𝘢𝘵𝘢, 𝘴𝘰 𝘵𝘳𝘦𝘢𝘵 𝘵𝘩𝘦𝘴𝘦 𝘢𝘴 𝘱𝘳𝘰𝘣𝘢𝘣𝘪𝘭𝘪𝘴𝘵𝘪𝘤 𝘸𝘢𝘭𝘭𝘴, 𝘯𝘰𝘵 𝘤𝘦𝘳𝘵𝘢𝘪𝘯𝘵𝘪𝘦𝘴.

💰 The ATM straddle tells an interesting story. At $𝟮,𝟮𝟮𝟵 (±3.5%), the 𝗝𝘂𝗻 𝟮𝟭 straddle breakevens are $𝟲𝟭,𝟳𝟳𝟭–$𝟲𝟲,𝟮𝟮𝟵 — but the DVOL-implied range is ±$𝟯,𝟬𝟴𝟯, which is 𝘸𝘪𝘥𝘦𝘳 than what you're paying for. That $𝟴𝟱𝟰 𝗴𝗮𝗽 means realized vol expectations embedded in DVOL are actually running hotter than straddle pricing, making the straddle look relatively cheap versus the vol surface. Theta is burning at $𝟭𝟯.𝟰𝗠/𝗱𝗮𝘆 across the book, which is the market's answer to your patience. The strangle tells a parallel story: selling the $𝟲𝟭,𝟬𝟬𝟬 𝗽𝘂𝘁 / $𝟲𝟴,𝟬𝟬𝟬 𝗰𝗮𝗹𝗹 collects $𝟯𝟵𝟴 credit with breakevens at $𝟲𝟬,𝟲𝟬𝟮–$𝟲𝟴,𝟯𝟵𝟴. That safe range sits comfortably outside the DVOL band by $𝟰𝟭𝟴 on each side — on paper, a tidy cushion. 𝘉𝘶𝘵 "𝘤𝘰𝘮𝘧𝘰𝘳𝘵𝘢𝘣𝘭𝘦" 𝘪𝘯 𝘯𝘦𝘨𝘢𝘵𝘪𝘷𝘦 𝘨𝘢𝘮𝘮𝘢 𝘪𝘴 𝘢 𝘵𝘳𝘢𝘱.

⚖️ The risk reversal is where this gets loud. $BTC's 25Δ RR prints at -𝟳.𝟱% — the $𝟲𝟮,𝟬𝟬𝟬 𝗽𝘂𝘁 is trading at 𝟰𝟭.𝟯% 𝗜𝗩 versus the $𝟲𝟲,𝟬𝟬𝟬 𝗰𝗮𝗹𝗹 at 𝟯𝟯.𝟴%. That's a +𝟱.𝟮% 𝗽𝘂𝘁 𝘄𝗶𝗻𝗴 𝗽𝗿𝗲𝗺𝗶𝘂𝗺 over ATM versus only -𝟮.𝟯% for the call wing. The vol smile is visibly tilted toward downside protection. Meanwhile the strangle's own put-call IV skew is running at +𝟭𝟬.𝟰%. The market is not confused — it is explicitly paying up for tail cover on the downside. $ETH mirrors this structure and then some: RR at -𝟴.𝟵%, put wing +𝟳.𝟲% over ATM, strangle skew at +𝟭𝟰.𝟴%. ETH's negative gamma (score: -15) is shallower but its skew is more extreme, which makes sense — ETH tends to be the higher-beta expression of whatever macro sentiment BTC is pricing. Both are near their respective put walls. Both have dealers in amplifying mode. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘤𝘰𝘪𝘯𝘤𝘪𝘥𝘦𝘯𝘤𝘦.

🔗 So what's the read? Put-heavy skew plus negative gamma is the setup that gets ugly fast if spot loses the floor. The straddle is cheap relative to DVOL, which argues for buying vol over selling it — but the burn rate is real and a grind sideways kills you just as efficiently as being wrong on direction. Strangle sellers are collecting thin credit ($398 on BTC, a laughable $14 on ETH) for risk that dealers will amplify rather than absorb. The asymmetric trade here is long gamma / long downside, not short vol. Watch $𝟲𝟰,𝟬𝟬𝟬 on BTC as the line — lose it convincingly and the flip at $𝟲𝟱,𝟱𝟬𝟬 becomes the ceiling, not the next stop.

━━━

ᛗ 𝘋𝘦𝘢𝘭𝘦𝘳𝘴 𝘢𝘳𝘦 𝘸𝘪𝘳𝘦𝘥 𝘵𝘰 𝘱𝘰𝘶𝘳 𝘨𝘢𝘴𝘰𝘭𝘪𝘯𝘦 𝘰𝘯 𝘵𝘩𝘦 𝘯𝘦𝘹𝘵 𝘮𝘰𝘷𝘦, 𝘴𝘬𝘦𝘸 𝘪𝘴 𝘴𝘤𝘳𝘦𝘢𝘮𝘪𝘯𝘨 𝘥𝘰𝘸𝘯𝘴𝘪𝘥𝘦, 𝘢𝘯𝘥 𝘺𝘰𝘶'𝘳𝘦 𝘣𝘦𝘪𝘯𝘨 𝘰𝘧𝘧𝘦𝘳𝘦𝘥 𝘴𝘵𝘳𝘢𝘥𝘥𝘭𝘦𝘴 𝘣𝘦𝘭𝘰𝘸 𝘋𝘝𝘖𝘓 𝘧𝘢𝘪𝘳 𝘷𝘢𝘭𝘶𝘦. 𝘛𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵 𝘪𝘴 𝘤𝘩𝘦𝘢𝘱 𝘵𝘰 𝘣𝘶𝘺 𝘷𝘰𝘭 𝘰𝘯 — 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘱𝘶𝘵 𝘸𝘢𝘭𝘭 𝘪𝘴 𝘰𝘯𝘦 𝘣𝘢𝘥 𝘤𝘢𝘯𝘥𝘭𝘦 𝘢𝘸𝘢𝘺 𝘧𝘳𝘰𝘮 𝘣𝘦𝘤𝘰𝘮𝘪𝘯𝘨 𝘢 𝘵𝘳𝘢𝘱𝘥𝘰𝘰𝘳.
#AskMimir | #NoSlop

⚖️ 𝟮𝟱Δ 𝗥𝗶𝘀𝗸 𝗥𝗲𝘃𝗲𝗿𝘀𝗮𝗹 — Jun 21 · 00:35 UTC

$𝘉𝘛𝘊'𝘴 -7.1% 𝘳𝘪𝘴𝘬 𝘳𝘦𝘷𝘦𝘳𝘴𝘢𝘭 𝘪𝘴 𝘥𝘦𝘤𝘪𝘴𝘪𝘷𝘦𝘭𝘺 𝘱𝘶𝘵-𝘴𝘬𝘦𝘸𝘦𝘥 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 62,000 𝘱𝘶𝘵 𝘤𝘢𝘳𝘳𝘺𝘪𝘯𝘨 41.0% 𝘐𝘝 𝘷𝘦𝘳𝘴𝘶𝘴 𝘵𝘩𝘦 66,000 𝘤𝘢𝘭𝘭 𝘢𝘵 𝘢 𝘴𝘶𝘱𝘱𝘳𝘦𝘴𝘴𝘦𝘥 33.9%, 𝘮𝘦𝘢𝘯𝘪𝘯𝘨 𝘵𝘩𝘦 𝘱𝘶𝘵 𝘸𝘪𝘯𝘨 𝘪𝘴 𝘥𝘰𝘪𝘯𝘨 4.9 𝘱𝘰𝘪𝘯𝘵𝘴 𝘰𝘧 𝘩𝘦𝘢𝘷𝘺 𝘭𝘪𝘧𝘵𝘪𝘯𝘨 𝘢𝘣𝘰𝘷𝘦 𝘈𝘛𝘔 𝘸𝘩𝘪𝘭𝘦 𝘵𝘩𝘦 𝘤𝘢𝘭𝘭 𝘸𝘪𝘯𝘨 𝘵𝘳𝘢𝘥𝘦𝘴 2.2 𝘱𝘰𝘪𝘯𝘵𝘴 𝘤𝘩𝘦𝘢𝘱 — 𝘵𝘩𝘪𝘴 𝘢𝘴𝘺𝘮𝘮𝘦𝘵𝘳𝘺 𝘳𝘦𝘢𝘥𝘴 𝘢𝘴 𝘨𝘦𝘯𝘶𝘪𝘯𝘦 𝘥𝘰𝘸𝘯𝘴𝘪𝘥𝘦 𝘧𝘦𝘢𝘳 𝘢𝘵 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 64,201 𝘴𝘱𝘰𝘵, 𝘯𝘰𝘵 𝘤𝘰𝘷𝘦𝘳𝘦𝘥 𝘤𝘢𝘭𝘭 𝘴𝘶𝘱𝘱𝘭𝘺 𝘬𝘪𝘭𝘭𝘪𝘯𝘨 𝘵𝘩𝘦 𝘶𝘱𝘴𝘪𝘥𝘦, 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘵𝘩𝘢𝘵 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘴𝘺𝘴𝘵𝘦𝘮𝘢𝘵𝘪𝘤 𝘴𝘦𝘭𝘭𝘪𝘯𝘨 𝘸𝘰𝘶𝘭𝘥 𝘤𝘰𝘮𝘱𝘳𝘦𝘴𝘴 𝘤𝘢𝘭𝘭 𝘐𝘝 𝘮𝘰𝘳𝘦 𝘶𝘯𝘪𝘧𝘰𝘳𝘮𝘭𝘺 𝘳𝘢𝘵𝘩𝘦𝘳 𝘵𝘩𝘢𝘯 𝘭𝘦𝘢𝘷𝘪𝘯𝘨 𝘈𝘛𝘔 𝘢𝘵 36.1% 𝘴𝘢𝘯𝘥𝘸𝘪𝘤𝘩𝘦𝘥 𝘢𝘸𝘬𝘸𝘢𝘳𝘥𝘭𝘺 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘢 𝘱𝘢𝘯𝘪𝘤𝘬𝘦𝘥 𝘱𝘶𝘵 𝘢𝘯𝘥 𝘢𝘯 𝘪𝘯𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵 𝘤𝘢𝘭𝘭.

ᛗ

₿ $𝗕𝗧𝗖 — $64,201
Expiry: Jun 26 (5d)

25Δ Call: 66,000-C IV 33.9% Δ 0.26
25Δ Put: 62,000-P IV 41.0% Δ -0.23
ATM: 64,000 IV 36.1%

⚖️ Risk Reversal: -7.1%
Calls -2.2% over ATM · Puts +4.9% over ATM
puts pricier → downside hedging

𝘗𝘶𝘵 𝘴𝘬𝘦𝘸 𝘢𝘵 +7.1% 𝘰𝘷𝘦𝘳 𝘈𝘛𝘔 𝘰𝘯 $𝘌𝘛𝘏 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 1,650 𝘴𝘵𝘳𝘪𝘬𝘦 𝘱𝘶𝘭𝘭𝘪𝘯𝘨 57.2% 𝘐𝘝 𝘢𝘨𝘢𝘪𝘯𝘴𝘵 𝘢 𝘤𝘢𝘭𝘭 𝘸𝘪𝘯𝘨 𝘴𝘪𝘵𝘵𝘪𝘯𝘨 𝘫𝘶𝘴𝘵 1.0% 𝘰𝘷𝘦𝘳 𝘈𝘛𝘔 𝘴𝘤𝘳𝘦𝘢𝘮𝘴 𝘥𝘦𝘧𝘦𝘯𝘴𝘪𝘷𝘦 𝘩𝘦𝘥𝘨𝘪𝘯𝘨 𝘥𝘦𝘮𝘢𝘯𝘥, 𝘯𝘰𝘵 𝘨𝘦𝘯𝘶𝘪𝘯𝘦 𝘶𝘱𝘴𝘪𝘥𝘦 𝘤𝘰𝘯𝘷𝘪𝘤𝘵𝘪𝘰𝘯. 𝘛𝘩𝘦 -8.1% 𝘳𝘪𝘴𝘬 𝘳𝘦𝘷𝘦𝘳𝘴𝘢𝘭 𝘤𝘰𝘯𝘧𝘪𝘳𝘮𝘴 𝘣𝘦𝘢𝘳𝘴 𝘢𝘳𝘦 𝘱𝘢𝘺𝘪𝘯𝘨 𝘶𝘱 𝘩𝘢𝘳𝘥 𝘧𝘰𝘳 𝘥𝘰𝘸𝘯𝘴𝘪𝘥𝘦 𝘱𝘳𝘰𝘵𝘦𝘤𝘵𝘪𝘰𝘯 𝘸𝘩𝘪𝘭𝘦 𝘯𝘰𝘣𝘰𝘥𝘺'𝘴 𝘤𝘳𝘰𝘸𝘥𝘪𝘯𝘨 𝘵𝘩𝘦 1,800 𝘤𝘢𝘭𝘭𝘴, 𝘸𝘩𝘪𝘤𝘩 𝘢𝘵 49.1% 𝘐𝘝 𝘭𝘰𝘰𝘬𝘴 𝘭𝘪𝘬𝘦 𝘤𝘰𝘷𝘦𝘳𝘦𝘥 𝘤𝘢𝘭𝘭 𝘴𝘶𝘱𝘱𝘭𝘺 𝘤𝘢𝘱𝘱𝘪𝘯𝘨 𝘵𝘩𝘦 𝘸𝘪𝘯𝘨 𝘳𝘢𝘵𝘩𝘦𝘳 𝘵𝘩𝘢𝘯 𝘪𝘯𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘤𝘦.

ᛗ

⟠ $𝗘𝗧𝗛 — $1,735
Expiry: Jun 26 (5d)

25Δ Call: 1,800-C IV 49.1% Δ 0.28
25Δ Put: 1,650-P IV 57.2% Δ -0.22
ATM: 1,750 IV 50.1%

⚖️ Risk Reversal: -8.1%
Calls -1.0% over ATM · Puts +7.1% over ATM
puts pricier → downside hedging
#AskMimir | #NoSlop

🛡️ 𝗦𝗵𝗼𝗿𝘁 𝗦𝘁𝗿𝗮𝗻𝗴𝗹𝗲 — Jun 21 · 00:30 UTC

$𝘉𝘛𝘊 𝘴𝘩𝘰𝘳𝘵 𝘴𝘵𝘳𝘢𝘯𝘨𝘭𝘦 𝘢𝘵 61/68𝘬 𝘤𝘰𝘭𝘭𝘦𝘤𝘵𝘪𝘯𝘨 $404 𝘤𝘳𝘦𝘥𝘪𝘵 𝘭𝘰𝘰𝘬𝘴 𝘵𝘩𝘪𝘯 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘳𝘪𝘴𝘬 — 𝘵𝘩𝘢𝘵 +10.2% 𝘱𝘶𝘵 𝘴𝘬𝘦𝘸 𝘪𝘴 𝘴𝘤𝘳𝘦𝘢𝘮𝘪𝘯𝘨 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵 𝘸𝘢𝘯𝘵𝘴 𝘮𝘰𝘳𝘦 𝘱𝘳𝘦𝘮𝘪𝘶𝘮 𝘰𝘯 𝘵𝘩𝘦 𝘥𝘰𝘸𝘯𝘴𝘪𝘥𝘦, 𝘢𝘯𝘥 𝘸𝘪𝘵𝘩 𝘴𝘱𝘰𝘵 𝘢𝘵 64,196 𝘺𝘰𝘶'𝘷𝘦 𝘨𝘰𝘵 𝘢𝘴𝘺𝘮𝘮𝘦𝘵𝘳𝘪𝘤 𝘦𝘹𝘱𝘰𝘴𝘶𝘳𝘦 𝘴𝘪𝘵𝘵𝘪𝘯𝘨 𝘰𝘯𝘭𝘺 $3,196 𝘢𝘣𝘰𝘷𝘦 𝘺𝘰𝘶𝘳 𝘱𝘶𝘵 𝘴𝘵𝘳𝘪𝘬𝘦 𝘷𝘦𝘳𝘴𝘶𝘴 $3,804 𝘣𝘦𝘭𝘰𝘸 𝘵𝘩𝘦 𝘤𝘢𝘭𝘭. 𝘎𝘢𝘮𝘮𝘢 𝘸𝘪𝘭𝘭 𝘦𝘢𝘵 𝘺𝘰𝘶 𝘢𝘭𝘪𝘷𝘦 𝘪𝘯𝘴𝘪𝘥𝘦 7-10 𝘋𝘛𝘌, 𝘴𝘰 𝘪𝘧 𝘺𝘰𝘶'𝘳𝘦 𝘯𝘰𝘵 𝘤𝘭𝘰𝘴𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯 𝘣𝘺 𝘵𝘩𝘦𝘯, 𝘵𝘩𝘢𝘵 $7.5𝘔 𝘵𝘩𝘦𝘵𝘢/𝘥𝘢𝘺 𝘮𝘦𝘢𝘯𝘴 𝘯𝘰𝘵𝘩𝘪𝘯𝘨 𝘸𝘩𝘦𝘯 𝘢 5% 𝘰𝘷𝘦𝘳𝘯𝘪𝘨𝘩𝘵 𝘮𝘰𝘷𝘦 𝘣𝘭𝘰𝘸𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘺𝘰𝘶𝘳 $60,596 𝘣𝘳𝘦𝘢𝘬𝘦𝘷𝘦𝘯.

ᛗ

₿ $𝗕𝗧𝗖 — $64,196
Expiry: Jun 26 (5d) · IV range strikes

☎️ Sell 61,000-P $308 IV 44.3%
Δ -$164/1K Γ 0.00007 Θ +$5,126,204/day 𝒱 $1,229,849/vol%
☎️ Sell 68,000-C $96 IV 34.0%
Δ $83/1K Γ 0.00006 Θ +$2,425,703/day 𝒱 $757,117/vol%

🛡️ Credit: $404 Θ +$7,551,907/day
Safe range: $61,000–$68,000
Breakevens: $60,596 ↔ $68,404
DVOL range (5d): ±$3,087
Strikes $413 outside IV band

$𝘌𝘛𝘏 𝘴𝘵𝘳𝘢𝘯𝘨𝘭𝘦 𝘤𝘰𝘭𝘭𝘦𝘤𝘵𝘪𝘯𝘨 $15 𝘤𝘳𝘦𝘥𝘪𝘵 𝘸𝘪𝘵𝘩 𝘴𝘵𝘳𝘪𝘬𝘦𝘴 𝘴𝘪𝘵𝘵𝘪𝘯𝘨 𝘰𝘯𝘭𝘺 $18 𝘰𝘶𝘵𝘴𝘪𝘥𝘦 𝘵𝘩𝘦 𝘋𝘝𝘖𝘓 𝘣𝘢𝘯𝘥 𝘪𝘴 𝘵𝘩𝘪𝘯 𝘮𝘢𝘳𝘨𝘪𝘯 — 𝘵𝘩𝘢𝘵 14.2% 𝘱𝘶𝘵 𝘴𝘬𝘦𝘸 𝘵𝘦𝘭𝘭𝘴 𝘺𝘰𝘶 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵 𝘪𝘴 𝘢𝘭𝘳𝘦𝘢𝘥𝘺 𝘱𝘳𝘪𝘤𝘪𝘯𝘨 𝘭𝘦𝘧𝘵-𝘵𝘢𝘪𝘭 𝘱𝘢𝘯𝘪𝘤, 𝘢𝘯𝘥 𝘢𝘵 $7,863/𝘥𝘢𝘺 𝘵𝘩𝘦𝘵𝘢 𝘺𝘰𝘶'𝘷𝘦 𝘨𝘰𝘵 𝘮𝘢𝘺𝘣𝘦 2-3 𝘥𝘢𝘺𝘴 𝘣𝘦𝘧𝘰𝘳𝘦 𝘢 63.9% 𝘐𝘝 𝘰𝘯 𝘵𝘩𝘦 𝘱𝘶𝘵 𝘴𝘪𝘥𝘦 𝘵𝘶𝘳𝘯𝘴 𝘵𝘩𝘢𝘵 𝘨𝘢𝘮𝘮𝘢 𝘪𝘯𝘵𝘰 𝘢 𝘭𝘪𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘣𝘦𝘭𝘰𝘸 $1,585.

ᛗ

⟠ $𝗘𝗧𝗛 — $1,736
Expiry: Jun 26 (5d) · IV range strikes

☎️ Sell 1,600-P $10 IV 63.9%
Δ -$135/1K Γ 0.00162 Θ +$4,756/day 𝒱 $791/vol%
☎️ Sell 1,875-C $5 IV 49.7%
Δ $106/1K Γ 0.00176 Θ +$3,107/day 𝒱 $665/vol%

🛡️ Credit: $15 Θ +$7,863/day
Safe range: $1,600–$1,875
Breakevens: $1,585 ↔ $1,890
DVOL range (5d): ±$119
Strikes $18 outside IV band
#AskMimir | #NoSlop

💰 𝗦𝘁𝗿𝗮𝗱𝗱𝗹𝗲 — Jun 21 · 00:25 UTC

𝘡𝘦𝘳𝘰 𝘴𝘬𝘦𝘸 𝘰𝘯 $𝘉𝘛𝘊 𝘵𝘦𝘭𝘭𝘴 𝘺𝘰𝘶 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵 𝘩𝘢𝘴 𝘯𝘰 𝘥𝘪𝘳𝘦𝘤𝘵𝘪𝘰𝘯𝘢𝘭 𝘤𝘰𝘯𝘷𝘪𝘤𝘵𝘪𝘰𝘯 — 𝘯𝘰𝘣𝘰𝘥𝘺'𝘴 𝘱𝘢𝘺𝘪𝘯𝘨 𝘶𝘱 𝘧𝘰𝘳 𝘤𝘳𝘢𝘴𝘩 𝘱𝘳𝘰𝘵𝘦𝘤𝘵𝘪𝘰𝘯 𝘰𝘳 𝘶𝘱𝘴𝘪𝘥𝘦 𝘤𝘢𝘭𝘭𝘴, 𝘱𝘶𝘳𝘦 𝘶𝘯𝘤𝘦𝘳𝘵𝘢𝘪𝘯𝘵𝘺. 𝘛𝘩𝘦 𝘴𝘵𝘳𝘢𝘥𝘥𝘭𝘦 𝘢𝘵 $2,240 𝘭𝘰𝘰𝘬𝘴 𝘤𝘩𝘦𝘢𝘱 𝘢𝘨𝘢𝘪𝘯𝘴𝘵 𝘵𝘩𝘦 𝘋𝘝𝘖𝘓-𝘪𝘮𝘱𝘭𝘪𝘦𝘥 $3,087 𝘳𝘢𝘯𝘨𝘦, 𝘴𝘰 𝘺𝘰𝘶'𝘳𝘦 𝘨𝘦𝘵𝘵𝘪𝘯𝘨 $847 𝘰𝘧 𝘤𝘶𝘴𝘩𝘪𝘰𝘯, 𝘣𝘶𝘵 𝘵𝘩𝘢𝘵 $13.5𝘔 𝘥𝘢𝘪𝘭𝘺 𝘵𝘩𝘦𝘵𝘢 𝘣𝘶𝘳𝘯 𝘮𝘦𝘢𝘯𝘴 𝘺𝘰𝘶 𝘯𝘦𝘦𝘥 𝘢 𝘮𝘰𝘷𝘦 𝘧𝘢𝘴𝘵 𝘰𝘳 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯 𝘣𝘭𝘦𝘦𝘥𝘴 𝘰𝘶𝘵.

ᛗ

₿ $𝗕𝗧𝗖 — $64,194
Expiry: Jun 26 (5d) · ATM strike: $64,000

🕊️ 64,000-C $1,207 IV 36.2%
Δ $533/1K Γ 0.00014 Θ -$6,738,163/day 𝒱 $1,976,404/vol%
🕊️ 64,000-P $1,033 IV 36.2%
Δ -$467/1K Γ 0.00014 Θ -$6,738,163/day 𝒱 $1,976,404/vol%

🎯 Straddle: $2,240 ±3.5%
Breakevens: $61,760 ↔ $66,240
DVOL range (5d): ±$3,087
Straddle pricing $847 tighter than DVOL

𝘞𝘪𝘵𝘩 $𝘌𝘛𝘏 𝘴𝘵𝘳𝘢𝘥𝘥𝘭𝘦 𝘱𝘳𝘪𝘤𝘪𝘯𝘨 𝘢 ±4.9% 𝘮𝘰𝘷𝘦 𝘣𝘶𝘵 𝘋𝘝𝘖𝘓 𝘪𝘮𝘱𝘭𝘺𝘪𝘯𝘨 ±$119 (𝘳𝘰𝘶𝘨𝘩𝘭𝘺 ±6.9%), 𝘺𝘰𝘶'𝘳𝘦 𝘣𝘶𝘺𝘪𝘯𝘨 𝘨𝘢𝘮𝘮𝘢 𝘢𝘵 𝘢 29% 𝘥𝘪𝘴𝘤𝘰𝘶𝘯𝘵 𝘵𝘰 𝘵𝘩𝘦 𝘷𝘰𝘭 𝘴𝘶𝘳𝘧𝘢𝘤𝘦 — 𝘵𝘩𝘢𝘵'𝘴 𝘤𝘩𝘦𝘢𝘱, 𝘰𝘸𝘯 𝘪𝘵. 𝘡𝘦𝘳𝘰 𝘱𝘶𝘵-𝘤𝘢𝘭𝘭 𝘐𝘝 𝘴𝘬𝘦𝘸 𝘵𝘦𝘭𝘭𝘴 𝘺𝘰𝘶 𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯𝘪𝘯𝘨 𝘪𝘴 𝘤𝘭𝘦𝘢𝘯 𝘸𝘪𝘵𝘩 𝘯𝘰 𝘱𝘢𝘯𝘪𝘤 𝘣𝘪𝘥 𝘰𝘯 𝘥𝘰𝘸𝘯𝘴𝘪𝘥𝘦, 𝘴𝘰 𝘵𝘩𝘪𝘴 𝘪𝘴 𝘱𝘶𝘳𝘦 𝘷𝘰𝘭 𝘱𝘭𝘢𝘺, 𝘯𝘰𝘵 𝘢 𝘩𝘦𝘥𝘨𝘦 𝘢𝘳𝘣, 𝘢𝘯𝘥 $13,594/𝘥𝘢𝘺 𝘵𝘩𝘦𝘵𝘢 𝘪𝘴 𝘴𝘵𝘦𝘦𝘱 𝘣𝘶𝘵 𝘫𝘶𝘴𝘵𝘪𝘧𝘪𝘢𝘣𝘭𝘦 𝘪𝘧 𝘴𝘱𝘰𝘵 𝘣𝘳𝘦𝘢𝘬𝘴 𝘰𝘶𝘵𝘴𝘪𝘥𝘦 $1,665–$1,835 𝘸𝘪𝘵𝘩𝘪𝘯 2-3 𝘴𝘦𝘴𝘴𝘪𝘰𝘯𝘴.

ᛗ

⟠ $𝗘𝗧𝗛 — $1,735
Expiry: Jun 26 (5d) · ATM strike: $1,750

🕊️ 1,750-C $35 IV 50.1%
Δ $458/1K Γ 0.00378 Θ -$6,797/day 𝒱 $1,442/vol%
🕊️ 1,750-P $50 IV 50.1%
Δ -$542/1K Γ 0.00378 Θ -$6,797/day 𝒱 $1,442/vol%

🎯 Straddle: $85 ±4.9%
Breakevens: $1,665 ↔ $1,835
DVOL range (5d): ±$119
Straddle pricing $34 tighter than DVOL
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