IA Trade Alert (Patreon)
Published:
2023-11-09 15:13:17
Imported:
2023-11
Content
As you know I sold the $500 calls against my underlying SL's for 20% of my position.
I bought them back at $53.
At the time - this Call was $30 out of the money.
My underlying has gone up over $60 and these calls went from $29 to 53.49 - means I left $24.49 on the table, but in a technical sense I did not lose as my underlying went up $60.
Bitcoin is on fire and I am glad I only sold the calls against 20% of my position.
Looks like the ETF is coming sooner than we expected.