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I bought CLSK - at $9.94.

I bought the Jan 2025 Calls

and sold the Jan 2025 Puts

for a net debit $0.48 cents

Breakeven on this trade is for CLSK to be above $10.48 by Jan 17, 2025

Note it was nearly $14 a few days ago.

Note my option trade is equivalent to buying CLSK at 9.94

Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

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Comments

Anonymous

Pulled the trigger to soon. Bummer.

Anonymous

I understood that we use the 15 minute chart for short term trading. Considering that this is a LEAPS S/L, I'm curious why James used that resolution for his indicator rather than the 1D.