Imagine you're holding a Sol token worth $100 - a golden ticket. Now, two paths unfold before you:
Path 1: The ETF Passes, and Sol Soars
The ETF gets the green light, and Sol's price rockets up by 15%.
Your golden ticket just got upgraded to a VIP pass—you're now $15 richer!
Path 2: The ETF Doesn't Pass, and Sol Stumbles
The ETF gets a thumbs down, and Sol dips 15%.
Your golden ticket loses some of its luster, and you're down $15.
But here's the secret to staying on top, no matter which path the market takes:
Secure Your Position with a Safety Net
While holding your Sol token, invest in a Put option for around $5. Think of it as insurance for your golden ticket.
(This Put option acts as a buffer against price drops of 10-15%).
Sol Goes South:
If Sol's price drops 15%, your Put option swoops in, saving the day with a $10 profit (a 100% return on that $5 investment!).
Sol Rises:
In case the price increases by 15%, you accept a profit reduction of $115 - $5 = $10
The special point here: you will not be able to lose money in this case!