I opened $COIN 20240726 200.0 PUT$  ,Wanted to do a reversal play on COIN looking at how the broad market is tanking today. Will hold this for max 3-4 and see how it goes
COIN PUT
07-12 00:02
US20240726 200.0
SidePriceRealized P&L
Sell
Open
4.00--
Closed
Coinbase Global, Inc.
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  • Poohfessor
    ·07-12
    I think COIN is currently overvalued in a relative sense, and is starting to mean revert in the short term. Just not sure if it'll move enough in 3 to 4 days.
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  • 梓坚
    ·07-12
    👍👍
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