Tether, the company behind the world's biggest stablecoin, bought 14 tonnes of gold in Q2. 

That brings their total holdings to 146 tonnes, worth around $18.8 billion. They've more than doubled their gold position since Q1 2025.

Think about who this is. 

Tether's whole business is stability. Their product is a token pegged to $1, and even they want hard assets under the book to protect against everything they can't control.

Look, if a company built around the concept of stability is putting hard downside protection under its own position, what does that say about the retail options trader running naked calls into an earnings print?

Most traders don't blow up because they picked the wrong direction. They blow up because the loss has no bottom, no Floor built in. 

When the news gaps against them, the position keeps bleeding until there's nothing left to bleed.

The fix is to build the Floor into the trade itself. Max loss known before you click buy, capped by the structure so no overnight move can take more than you signed up for.

Five checks I run before every trade. Free report:

→ Get The 60-Second Checklist Here

Keep it near your platform. Run it every time.

Even Tether wants a Floor. So build one into every trade you place.

To your success,

Don Kaufman

P.S. Next week brings CPI, another wave of earnings, and whatever headline nobody's priced yet. Have the checks in hand before you place your next spread. Here's the link.