I opened $COIN 20241018 140.0 PUT$  ,COIN: collect 2.3% premium on this cash secured put with strike at $140 which is 15% lower than current market rate. Contract will expire in 31 days on 18th Oct. $140 strike seems a good support after having the stock bounced off $146 on 6th Sept and also lower then the 5th Aug sell off. This should help to provide some additional buffer for the stock to move. Will monitor and adjust trade accordingly.
COIN PUT
09-17 22:29
US20241018 140.0
SidePriceRealized P&L
Sell
Open
3.23--
Closed
Coinbase Global, Inc.
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