The five model books logged exactly one entry between Monday and Friday. On Friday the derivatives book bought back its ten Galaxy Digital January 2027 17.50 puts at 1.42 against the 2.65 they were sold for on May 1 — 1,421 dollars out including the one-dollar fee, 1,228 realised, a touch under half the premium kept with 140 days still on the clock. The stock had fallen about 17 percent since the puts were sold and the trade still finished green; that is the arithmetic of a strike placed 38 percent below spot. It was Galaxy's second round trip through the book this year, and it leaves the derivatives book at 295,504 dollars of cash. The four equity books — Global Tech 50, AI Build-Out, Hypergrowth, Global ETFs — logged nothing.
The five model books logged exactly one entry between Monday and Friday. On Friday the derivatives book bought back its ten Galaxy Digital January 2027 17.50 puts at 1.42 against the 2.65 they were sold for on May 1 — 1,421 dollars out including the one-dollar fee, 1,228 realised, a touch under half the premium kept with 140 days still on the clock. The stock had fallen about 17 percent since the puts were sold and the trade still finished green; that is the arithmetic of a strike placed 38 percent below spot. It was Galaxy's second round trip through the book this year, and it leaves the derivatives book at 295,504 dollars of cash. The four equity books — Global Tech 50, AI Build-Out, Hypergrowth, Global ETFs — logged nothing.