Healthcare Momentum Basket

Thesis

Bet that Moderna and Hims & Hers extend their recent gains by buying their stock-linked contracts when their 30-day price change is positive.

Strategy

• Momentum: Check Moderna (MRNA) and Hims & Hers (HIMS) daily and buy each missing position when its 30-day price change is positive. • Sizing: Reserve half the allocation for each stock, targeting 1x total exposure and using Hyperliquid's minimum order when needed. • Exit: Hold purchased positions until stopped, without automatic selling or rotation; unfilled basket slots stay in USDC.

Exposure

• Holds: MRNA, HIMS and USDC — Stock-linked perpetual contracts for Moderna and Hims & Hers, with USDC collateral rather than company shares. • Venue: Hyperliquid XYZ — Trades on Hyperliquid's XYZ markets with USDC on HyperCore; starts with at least 25 USDC. • Leverage: 1x target exposure — Reserves half the allocation for each of the two stocks, subject to the venue's minimum order. • Costs: Fees and funding — Pays Hyperliquid trading fees and ongoing funding payments. • Data: Circuit — Uses daily price history, current trading prices and allocated holdings for MRNA and HIMS. • On unwind: USDC on Hyperliquid — Both perpetual positions close and the remaining balance stays in USDC.