I closed 2.0 unit(s) $COIN DIAGONAL 250131/250228 CALL 300.0/CALL 320.0$ , Rolled 2 x covered calls to a higher strike and one month out again to collect more premiums, anticipating a pop in the share price after earnings report in Feb. 320 should be a decent resistance level, given the uncertain macro environment with the newly implemented tariffs by the Trump administration. Happy to keep rolling the covered calls to lower average price of the shares, or cash secured puts if the shares get called away.
I closed 2.0 unit(s) $COIN CALENDAR 250124/250221 PUT 330.0/PUT 330.0$ , Rolling these 2 puts for another month to collect more premiums. Expecting COIN to have a blowout quarter this upcoming earnings in Feb and allowing these puts to expire out of the money. Otherwise I'll keep rolling the puts for more premiums.
Well right now the company is already facing severe demand for their vehicles, with Model Y (most popular model) being soldout till Feb 2023. With such huge demand, it would be rather silly to not maximise their revenue growth in vehicle lines that generates more profit. I believe the $25k car is an eventuality rather than a possibility. Eventually Tesla will be targetting the market for budget conscious consumers.Excited for whats to come on the 2nd AI Day (to be held tentatively on this coming 14th August).