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One Line in the Ledger: the Galaxy Put Comes Off

The five model books logged exactly one entry between Monday's open and Friday's close.

Thomas Look's avatar
Thomas Look
Aug 29, 2026
∙ Paid

After the Saturday of the roll and the Saturday of the swaps and trims, this was the Saturday of one line: the derivatives book bought back a short put on Galaxy Digital, and the four equity books did not trade at all.

The line itself: on Friday the derivatives book bought to cover its ten GLXY January 2027 17.50 puts at 1.42 — 1,421 dollars out includin…

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