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Re:Launch HN: Financial Choice (YC S21) – Checking accounts ... by Straw on Monday August 09, 2021 @03:09PM (#28120975)
Can't you effectively buy varying levels of deposit insurance by purchasing puts on the underlying portfolio?

Pay X% to limit your maximum losses in a year to Y.

For example, right now you can buy yearlong puts on SPY at a strike price of $260 (58% of the current value) for 1% of the current price.

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