$MARA 20261113 7.0 PUT$ 1️⃣ Why am I making this trade now? Selling a put at this strike. Waiting for the price to hit to get some shares of Mara. Would wanna enlarge my portfolio by taking in some risks for this sector. Do not have any crypto so just trt this dor its mining and expansion into HPC data centers. 2️⃣ What's my plan from here? Wait for the strike. Get the premiums while waiting. Dont mind getting assigned for this and hold it back up. Been down quite a bit but i prefer this over ibit for now. If it expires then i do another sell put. If i get assigned, will either hold rhe shares and probably do a otm sell call. Not sure of target price yet.
$Occidental(OXY)$ 1️⃣ Why am I making this trade now? Taking a bit of profits off. Been holding this counter for quite some time. Good time to be trading the range nowdays these pasr few months as the oil price fluctuates. Long term value supported by many institutions and they are doing debt reduction. So not selling off all my holdings. 2️⃣ What's my plan from here? Continue to hold the rest. Sell off at a certain percentage for profits and buy some back durimg lows. Running a sell put at lower strike as well to generate income since i dont mind getting to hold on to koee shares. Would not be selling off all unless it shows a great commdity downturn.