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Today could be a buying opportunity.

Today could be a buying opportunity.

(post is archived)

[–] 1 pt (edited )

Hah. I lost my Doge wallet. Probably a whole 10 cents. :)

I don't have any money directly in BTC but I do play with RIOT and MARA. I was able to close out a couple 11/27 $6.50 short RIOT puts today and still make a profit. It looks like I will be getting assigned 200 shares at $7, but I'm good with that. I'll get my $100 in premium and likely make the rest up by selling covered calls next week.

I have MARA $4 and $5 short puts for 12/18, hopefully BTC will rebound by then.

Long term I'm bullish on BTC, the dollar isn't going to get any stronger with Biden in office, that is for sure.

Money printer Brrrrrrrr!!!