Creating a strangle 15/23 for mara. Collecting premiums for $1.50 while waiting for the price to rise.
With the hype for SBR still strong and Trump yet to take office, it should still be possible for further upside for btc.
Mara is heavily shorted at the moment and once it breaks above 20 or 21, we should see quite some liquidation from that zone onwards like the previous few times.
While waiting for all these to happen, I'm having half of my positions collecting premiums using strangle while the other half just sitting around waiting for the upside. Sentiment now is rubbish and will continue to stay shitty till we see some catalyst. Ride the volatility, take the premiums and hold strong
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.51 10Lot(s) | -80.39% Holding |
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