Degen Trade Alert

Guess What is 5 to 7 Sigma Out of Line?

Since inception in 2006, the silver commodity ETF, SLV, has outperformed SPX by 76 basis-points every 100-days, with a standard deviation of 19.27%

Currently 129%, sitting between the 6-sigma level of 116.37% and the 7-sigma level of 135.64%.

Maybe it goes higher? Maybe it doesn’t?

Similarly, SLV has outperformed SPX by 49 basis-points every 252 trading days (1 year), with a standard deviation of 32.51%

Currently 189%, sitting between the 5-sigma level of 163.01% and the 6-sigma level of 195.52%.

Maybe it goes higher? Maybe it doesn’t?

Pinebrook is taking a short position by going long SLV put options with a 3-month tenor.

THIS IS HIGHLY SPECULATIVE AND A SMALL GAMBLE-SIZED WAGER WILL BE MADE OVER WHICH SLEEP WILL NOT BE LOST.