I sold a cash-secured put option on BITX stock with a strike price of $44, below the short-term support level of $48. After President Trump's inaugural address, crypto stocks dipped due to his lack of commentary on Bitcoin. The option expired worthless, allowing me to pocket the full premium. This trade capitalized on market uncertainty, showcasing a strategy that worked well despite the lack of positive crypto news.
| Side | Price | Realized P&L |
|---|---|---|
| Buy Close | 0.00 | +100.00% Closed |
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