Why the call skew is positioning for a GameStop-style gamma squeeze in PURR, and why the credit cycle melt up is the macro engine that changes how aggressively the thesis needs to be played
The gamma squeeze mechanics here are clearly laid out. The diagnostic step that would sharpen the sizing decision is the R² regime classification of PURR itself before the squeeze fires. A squeeze that ignites in a Strong Trend regime carries continuation momentum behind it. A squeeze that ignites in a Ranging or Transitioning regime is a spike into resistance with mean reversion structurally waiting on the other side. Those are two completely different position management approaches and the post's advice to size down if nervous only makes sense once the regime context is known.
The point about Hyperliquid rallying while Bitcoin lags is the most interesting signal in this piece. The ratio chart between PURR and its underlying Hyperliquid token would show whether the equity is leading, lagging, or genuinely decoupling from the asset it is supposed to track. That ratio reaching an extreme is often where the squeeze exhausts, not the price chart itself.
What regime is PURR in on three months of daily data right now?
Hows the call OI looking now? Been a rough few days.
The gamma squeeze mechanics here are clearly laid out. The diagnostic step that would sharpen the sizing decision is the R² regime classification of PURR itself before the squeeze fires. A squeeze that ignites in a Strong Trend regime carries continuation momentum behind it. A squeeze that ignites in a Ranging or Transitioning regime is a spike into resistance with mean reversion structurally waiting on the other side. Those are two completely different position management approaches and the post's advice to size down if nervous only makes sense once the regime context is known.
The point about Hyperliquid rallying while Bitcoin lags is the most interesting signal in this piece. The ratio chart between PURR and its underlying Hyperliquid token would show whether the equity is leading, lagging, or genuinely decoupling from the asset it is supposed to track. That ratio reaching an extreme is often where the squeeze exhausts, not the price chart itself.
What regime is PURR in on three months of daily data right now?
Purvang Gandhi · The Regime Report · theregimereport.substack.com
Looks like options with stroke above $18 have been added. Knock on wood!
$CBOE and $CME stock starting to notice Hyperliquid
Interesting read, I listened to the live earlier today.
Thanks for sharing.
SCAM 🚨🚨🚨🚨🚨