I opened $SOFI 20250221 15.0 PUT$ ,DCA via sell put, okay to get assigned. One of my long term convictions with good fundamentals and business model which is aligned to own belief.
$Cipher Mining Inc.(CIFR)$ $CleanSpark, Inc.(CLSK)$ $MARA Holdings(MARA)$ $Iris Energy Ltd(IREN)$ $Bit Digital, Inc.(BTBT)$ Summary of Week 44's Option Trades The market has been pretty good to me so far with my punt on BTC going higher. The strategy again is to sell puts on delta range between 0.20 to 0.30 if the strike prices is within 20/50/100/200 EMA. Selling different strikes daily to reduce the risk and increase probability of having some contracts expiring every week. The following are all the put options sold on we
Option Trades (Week 48 - 2024) Sold 1 lot of $CIFR 20241227 5.0 PUT$ $MARA 20241227 23.0 PUT$ $CLSK 20241227 12.5 PUT$ . All these were executed yesterday but had been selling since the start of week with different strike prices between 0.25 to 0.30 delta. High IV (risk) but high premiums too. For now, I feel the trend is still intact for the crypto miners (fingers crossed). LFGP!
Summary of Week 43's Option Trades 4 weeks have passed since I started my account with to DCA my long term holdings while selling put/call options to create the cashflow. The following are all the put options sold on week 43 with all the options expiring worthless. $CIFR - $4.50 and $5.00 $CLSK - $10.50 HIMS - $19.50 HUT - $13.50 IREN - $8.00 $MARA - $15.50 and $16.00 $SOFI - $10.00 $WULF - $5.50 and $6.00 All the options expired on 22 Nov 2024. Look forward to more consistent cashflow. LFGP!
Option Trades (Week 47 - 2024) Sold 1 lot of $MARA 20241220 19.5 PUT$ $HUT 20241220 21.0 PUT$ $CLSK 20241220 11.5 PUT$ . Had also sold more puts this entire week but haven't had the time to post. DCA continues as BTC continue higher. The high IV continues to provide for good premiums. I continue to remain bullish at least up till end of 2025 or early 2026 given that Trump will be taking office. LFGP!