DeFi Dev Trade Alert (Patreon)

Hi Team,

I initiated a small position in DefiDev, a company aiming to emulate MSTR w Solana. While their success is uncertain, their recent $5 billion equity line to acquire Solana caught my attention. The NAV premium is higher than preferred but more reasonable than MetaPlanet's, and DefiDev now offers options so it was my time.

I also believe SOL will run later this summer on the ETF - and the fundamentals are better than ever. This will float DFDV. 52 Week high is $54 by the way! Been waiting patiently for this and if it drops below $20 I will triple down.. my usual method.

After a two-day wait, my order filled. I purchased Jan 2026 $20 calls and sold Jan 2026 $25 Puts, netting ~$2 ie they paid me nearly $2 to open the position. My breakeven is $23, with the stock currently trading just below $25.

Optimized Trend is still up... and no sell on ATR

Stats