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re: Official CryptoTalk Thread
Posted on 3/29/24 at 1:40 pm to Iowa Golfer
Posted on 3/29/24 at 1:40 pm to Iowa Golfer
I have been playing MARA by doing CC's and buy to open cash covered PUT's. Recently started doing the same with CLSK. MARA I am way ahead mainly because I hav been doing it for a while. Currently hav 1000 shares of MARA with cost basis below $9. CLSK I only have 100 shares and have been sell to open CC and PUTs and my cost basis is below $15. Premiums have added to my performance and it has worked out really well. I started slowly and have been slowly increasing. They are not actually BTC but I was more comfortable dealing with it this way. Also recently started dabbling with IBIT but have started real slow.
This post was edited on 3/29/24 at 1:43 pm
Posted on 3/29/24 at 2:07 pm to jerryc436
I get it. I had $25K calls on BTC and that settled physical BTC. I settled the ETH in cash, and sold the physical ETH. I haven't really looked into BTC stocks, or miners. I should as some of them have a lot of physical BTC on their books.
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