Cybersecurity Basket

Thesis

An equal-entry basket of CrowdStrike and Cloudflare stock-linked perpetuals aims to profit when cybersecurity stocks rise.

Strategy

• Buys: Open CRWD and NET longs, targeting half the allocated USDC in each and raising smaller orders to Hyperliquid's $10 minimum. • Holds: Keep existing longs and check every 15 minutes to reopen a missing name; close both when stopped.

Exposure

• Holds: CRWD and NET longs — Stock-linked perpetual contracts, not company shares, plus USDC collateral. • Venue: Hyperliquid xyz — CRWD and NET trade on Hyperliquid's xyz markets, with USDC collateral on Hyperliquid. • Leverage: 1x entry target — Total entry value targets the allocated USDC, split equally between CRWD and NET, subject to venue minimums. • Costs: Trading and funding — Hyperliquid trading fees and ongoing funding payments on CRWD and NET. • Data: Circuit — CRWD and NET prices and allocated holdings; no outside data services. • On unwind: USDC — Both CRWD and NET positions close, leaving USDC on Hyperliquid.