$MARA Just Sold 15,000 BTC. Let Me Break Down The Math. Hey everyone. Long time no post — been watching, accumulating, and waiting for something worth writing about. This is it. For those of you holding MARA or watching it from the sidelines, yesterday was a big day. News dropped premarket, stock flew 10%, then gave back most of it by close. A lot of noise, a lot of headlines. Let me cut through it and give you the actual numbers. What Happened Between March 4 and March 25, MARA quietly sold 15,133 BTC for approximately $1.1 billion. They used the proceeds to repurchase $367.5 million of their 2030 convertible notes and $633.4 million of their 2031 convertible notes — both at roughly 9% below face value. CoinDesk That 9% discount translates to over $88 million in immediate cash savings — a
$MARA CALENDAR 260424/260402 PUT 8.0/PUT 8.0$ Rolling out since already receive more than 50% premium. Backtested the strategy with take profits recently and worked well with 50%. Improve cagr by quite abit according to data, so lets try!
$MARA CALENDAR 260402/260417 CALL 12.0/CALL 12.0$ Making use of the spike up in mara stock price to roll out my short call position. Shifting 2 weeks more to get 1%+. Same time having the potential to capture the small stock gain.
$MARA DIAGONAL 260417/260327 CALL 11.0/CALL 11.5$ Closing an almost worthless short call position. Reopening it further in expiry and lower down in strike price to acquire more premiums. Same like coinbase, not expecting a sudden spike.