@Hakunayourtatas:$COIN CALENDAR 261002/260918 PUT 170.0/PUT 170.0$ Rolling expiring put for another 2 weeks for more premiums. Prices finally dropped lower and after failing to break above the 200 day MA multiple times and bounced right off the 50 day MA and 0.618 fib, attempting to close above the 100 day MA today at 171.25. Believe that this is going to be ripping upwards sooner or later.
$COIN CALENDAR 261002/260918 PUT 170.0/PUT 170.0$ Rolling expiring put for another 2 weeks for more premiums. Prices finally dropped lower and after failing to break above the 200 day MA multiple times and bounced right off the 50 day MA and 0.618 fib, attempting to close above the 100 day MA today at 171.25. Believe that this is going to be ripping upwards sooner or later.
$Cipher Mining Inc. Calendar 260918/261002 PUT 16.0/PUT 16.0$ Rolled puts expiring this Friday for more premiums. Will the dump come after Warsh stars speaking later? And then reverse into another pump to flush out all the shorts? The Fed speaking later will likely remove the overhang on the rate hikes should it come within expectation. Never a dull day with FOMC day!
$Cipher Mining Inc. Calendar 260918/261002 PUT 18.0/PUT 18.0$ Rolled puts expiring this Friday, forgot to cancel my order and it just got filled immediately at the open. Looks like some bullish news surrounding ERCOT is getting released? Nothing concrete yet for now but probably a case of someone knows something. Never a dull day with CIFR. Price is trying to find support currently at 20 day MA at 16.22.
$CIFR CALENDAR 260925/260911 PUT 17.0/PUT 17.0$ $CIFR CALENDAR 260925/260911 PUT 17.0/PUT 17.0$ Rolled put for another 2 weeks to collect more premiums. Prices are collapsing amid inflation and rate hike fears, crude futures breaking above 100 and forming higher highs and higher lows in recent price action due to escalation in the Middle East, further stoking inflation fears. No idea how long will this last but prices for $Cipher Mining Inc.(CIFR)$ just rejected hard off the 20 day MA, and bouncing off the 2021 highs at 1
$CIFR CALENDAR 260925/260911 PUT 19.0/PUT 19.0$ Rolled puts expiring this week at 19 strike for another 2 weeks to milk more premiums out of this. Am expecting a potential retracement back to 16s where the 20 day MA lies after this recent violent move upwards. Market moves in waves - so a backtest of support levels to form a higher low should be seen as a healthy retracement for more opportunities to accumulate, before a higher move upwards. Support: 16.6, 17.94 (0.236 fib - from 30.14 highs to 14.18 lows) Resistance: 18.41, 19.16, 20.69
$CIFR 20260918 18.0 PUT$ Selling another set of puts as the ones at strike price of 17 should expire worthless (fingers crossed). Prices across the board for data centres/ neoclouds have all risen in tandem with bullish news of new contracts signed for further expansion and growth of the industry. Technically speaking, MACD on the daily chart has finally formed the golden cross with increasing volume, making a V-shaped recovery over the past few days. On the weekly chart, MACD is also beginning to flatten and slope up, signalling further bullishness on the higher timeframe. Price has managed to close above the 50 and 200 day MA today but got rejected at the 100 day MA, also closing below the 0.618 fib at 18.756
@Hakunayourtatas:$CIFR CALENDAR 260904/260925 PUT 17.0/PUT 17.0$ $CIFR CALENDAR 260904/260925 PUT 17.0/PUT 17.0$ Rolling expiring puts for another 3 weeks, premiums starting to get lesser with each roll as strike gets further away from the current share price. Support is at ~14.50 to 15, with the recent drop to close to 14. Volume is decreasing concurrently as the share price goes down in this slow and painful drawdown. RSI remains rangebound on the lower levels in the 30s, William's Range remains in oversold levels around 80s. Probably one last flush towards the bottom of t
$CIFR CALENDAR 260918/260904 PUT 16.0/PUT 16.0$ Rolling for another 2 weeks for premiums until I get assigned, as mentioned earlier, support remains at 14.5 to 15. RSI probably needs a quick flush downwards to the oversold territory with bigger volume to complete the bottoming process. Volume is currently decreasing alongside price falling, needs a decisive flush with a rotation back to such risk assets. Should be a good long term hold with continual growth in it's growth story as the appetite in the demand for data centres remains insatiable. Rumor has it that the war is about to be declared over by the Trump admininstration and the immediate impact of crude oil falling wou
$CIFR CALENDAR 260904/260925 PUT 17.0/PUT 17.0$ $CIFR CALENDAR 260904/260925 PUT 17.0/PUT 17.0$ Rolling expiring puts for another 3 weeks, premiums starting to get lesser with each roll as strike gets further away from the current share price. Support is at ~14.50 to 15, with the recent drop to close to 14. Volume is decreasing concurrently as the share price goes down in this slow and painful drawdown. RSI remains rangebound on the lower levels in the 30s, William's Range remains in oversold levels around 80s. Probably one last flush towards the bottom of t
$CIFR CALENDAR 260828/260911 PUT 17.0/PUT 17.0$ $CIFR CALENDAR 260828/260911 PUT 17.0/PUT 17.0$ Rolled expiring put again at 17 for another 2 weeks. MACD golden cross finally happened as of market open, will see if it holds throughout the day, and strong volume is also yet to be seen. Immediate resistance is at 20 day MA at around 18, 50 Day MA at around 20 and should they break decisively in the coming days, we should be able to tell by this week if strength in price action is finally back. There is also evidence of strong institutional accumulation in recent mon
$CIFR CALENDAR 260828/260911 PUT 19.0/PUT 19.0$ Rolled expiring put further out, price is currently bottoming out, perhaps on its way to recovery now. Seems like there's a general rise across the AI/ chips / data centre stocks now that NVDA has released their earnings. Keeping my eyes peeled in the coming days on the price action, it is still weak as of now, consolidating sideways with no clear signals (RSI still lingering in the 40s, MACD however potentially forming a golden cross in the daily chart) whether the stock has bottomed. Support remains at ~15-16.
$CIFR CALENDAR 260821/260904 PUT 17.0/PUT 17.0$ Rolled put thats out of the money, as mentioned would prefer to not get assigned for now but I think that it's a decent spot to accumulate shares at this range. Support still stands at 15-16 and stock price is still consolidating and rangebound. I believe it will eventually breakout to higher highs after accumulation period is done.
$CIFR CALENDAR 260821/260904 PUT 16.0/PUT 16.0$ Rolled expiring put, it should be out of the money but I'm not taking chances still, actually might be a good price to start a position but I'm currently still paying down leverage hence would still prefer to not get assigned. Would be more open to start a position should my TIGR shares get called away and having more funds to work around with. 15-16 still remains as support as the rounded bottom of the Adam and Eve pattern plays out in my opinion. Best time to accumulate is when there's still doubters and story has yet to be played out. Plenty of them from what I'm seeing, glad to be proven wrong though.
$COIN CALENDAR 260828/260821 PUT 150.0/PUT 150.0$ Order got filled because I forgot to cancel it LOL, well looks like we're off to a great start with a huuuugee green candle or BTC and COIN as well, filling the gap and potentially forming an island reversal pattern! Looks like dreams do come true after all.
$COIN CALENDAR 260918/260821 PUT 170.0/PUT 170.0$ Rolled expiring down and out for more premiums again. Price action is still limp for COIN, price is trading sideways and does the chart does look like a potential island reversal maybe forming should the chart pattern realises.
$CIFR 20260828 17.0 PUT$ Sold another round of puts at 17 with flexibility to roll if needed. Support is still at 15-16. Adam and eve pattern could be playing out, with price currently forming a rounded bottom hence price action could be lacklustre in the near term.
$CIFR 20260821 17.0 PUT$ $CIFR 20260821 17.0 PUT$ Sold another 5 puts today as prices recover and bounced off 16 yesterday. Selling the puts with a short DTE of 10 days an expecting them to close above the strike of 17 during expiration. Prices should have bottomed in the near term and prices in data centre/ AI HPC stocks across the board has rebounded strongly today. Hope the green holds!
$CIFR CALENDAR 260828/260814 PUT 19.0/PUT 19.0$ Rolled expiring puts for more premiums, price is still facing downwards pressure, seems like the pain is happening across the AI/ HPC data centre stocks, where stock prices are all nearing recent lows and currently are holding the levels. As mentioned on my recent post, lows of 15-16 should hold, else things could get ugly. Hoping the turnaround comes sooner than later!