Author bought puts on IBIT expecting a distribution-driven decline.
IBIT — SHORT The author bought puts on IBIT, interpreting current price action as a massive distribution push that precedes a massive decline. Returns would track the underlying IBIT rather than option premium P&L.
Just YOLO'd some IBIT puts... I think this is a massive distribution push following a massive decline inbound.... time will tell.
This Reddit post, published January 05, 2026, features u/FlyWannaBeRichGuy discussing IBIT. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/FlyWannaBeRichGuy · Tickers: IBIT