Johnny_Rockets88

Widening Wedge Higher-A Traders Market

Long
BITSTAMP:BTCUSD   Bitcoin
Sell the overthrows buy the dips below, checkout my other post Bitcoins new move for explanation and my trades

Curren position up 1600%
Comment:
Closed 15 MSTR call contracts for a profit of 14x

Opened 40 BITI calls $31, 20 for 1/20, 20 for 2/10
Comment:
We failed to make the top of the channel. I am now 80% short
100 BITI $28 calls
Comment:
Closed shorts this morning when we dropped below channel.
Opened Long with following
2 MSTR calls 242 04/21
2 MSTR calls 242 01/27
2 MSTR Calls 250 02/03

Took profits from start of trade.
Initial investment $2100
Profits taken $31000
Currently holding ~$8000 worth of open positions.
Comment:
I repositioned today for more leverage
now holding 10 MSTR calls for various February expirations
EEM Confirmed resistance as support
Expecting a 35% move in BTC over next 21 days.
Comment:
Took Profits again and moved to melt up positioning; SO far I have pulled more then $60,000 out of what started as a $2100 investment.
Currently positioned for the moon shot Price target on MSTR $1800
29 - $900 Calls on MSTR for December 15th
5 - $350 calls for MSTR 7/21
Cost was ~$10,000; Expected profit >$1.5 Million

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