$CIFR 20260731 18.0 PUT$ Expired worthless, will continue to sell puts on CIFR should prices retrace further - at support levels ranging from 17-19. Prices have been riding the 50 week MA and bouncing everytime it touches/ comes near off it in this uptrend rally for the past few months.
Decent relative strength in it's price comparatively to it's peers, will also look to sell puts on other data centre/neocloud stocks like WULF, IREN, NBIS should prices retrace to attractive levels.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments