Celebrating wins, embracing losses too. Sold At The Money Put Options and got a pull back from the 'risky' #MSTR . Time will heal everything including this counter when Trump sits in the office next month ..!
MSTR face lots of selling pressure even with BTC hitting 100k. They currently hold 400,000 Bitcoins, with each at 100k I think you know the Impact it can have with the crypto pump. About 2% of total BTC, with Trump positive outlook on crypto might give investors a little more faith in this Negative Net Income company. Take risk, either receive rewards or prepare for a good plunge
$Tesla Motors(TSLA)$decided to cut loss due toupcoming earnings report. I’m bullish on report but don’t want to risk losing out to Implied Volatility and Delta being unable to break even this position.
$Coinbase Global, Inc.(COIN)$Coinbase good to use but don’t really see their edge as a company.Good for beginner, top 3 in the world in terms of volume transacted but still prefer Binance. A Put option for this one
$Sea Ltd(SE)$All counters dipping red. Going to do SE and close before next Wednesday. Their implied volatility usually dips 3 days before their earnings report (tentatively 17 May)