IA Trade Alert (Patreon)
Content
My Goals are not your goals
This is NOT Financial Advice
I decided to take a little off the top
I sold some March Calls 30 days out - $600 Strike for $44 against 1/3rd of my MSTR position. I get the feeling there is a gamma squeeze going on.
These are nearly $30 out of the money and I collected $44 - if BTC goes bonkers I will roll up the position at $644. MSTR price at the time was $577 at the time.
Breakeven is $644 within 30 days.
PS instead of swapping to BTC I sell Options - easier for me but it is the way I use ARB Cloud.
PPS BTC could go to the moon over the next 30 days - we do not know
PPPS IADSS was also about to flash a sell and the trend was going to turn