Tiger V
01-26
I opened $BITX 20250131 42.0 PUT$  ,

I sold a cash-secured put option on BITX stock with a strike price of $42, well below its short-term support level of $48. This position is supported by recent U.S. crypto policy changes, including the creation of a working group to regulate digital assets and actions to protect banking services for crypto companies. These moves could enhance confidence in the sector, which might benefit BITX, allowing me to capitalize on potential downside protection while preparing for a bullish long-term outlook.

BITX PUT
01-25 04:35
US20250131 42.0
SidePriceRealized P&L
Sell
Open
0.13--
Closed
2X BITCOIN STRATEGY ETF
Trade Feed: Who is your favorite star traders?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
6
130