Mathematical Money
11-10 23:18
$SpaceX(SPCX)$ 

Bullish on spcx. But would rather hold echo since it is quite undervalued compared to spcx. 

Buying echo 2 vs shorting 1 spcx. Betting NAV to close in the next one year. 

Sometimes it never closes sometimes it does. But still position still slightly skewed towards bullish.

In the event it drops together, will also not be devastating 

SPCX
11-10 23:12
USSpaceX
SidePrice | FilledRealized P&L
Sell
Open
144.13
100
+1.91%
Holding
SpaceX
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Comments

  • BaronLyly
    11-11 08:02
    BaronLyly
    SPCX looks more like the expensive leg here. If NAV stays wide, that pair can bleed longer than people think
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