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"“These calls let me capture upside while reducing my downside risk,” Paul told CNBC. He later tweeted that the trade -- selling some of his Bitcoin holdings wh
by Mc_Big_G 8y ago
"“These calls let me capture upside while reducing my downside risk,” Paul told CNBC. He later tweeted that the trade -- selling some of his Bitcoin holdings while buying the call options -- was profitable."
So, it wasn't worthless to him and this is a meaningless story. Got it.