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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.

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Anonymous

thanks for the lesson , rgbtxus

Anonymous

Any reason you did not roll your position to a higher strike for a later date such as Jan 19 '24?