chickenboye

$MARA pumping but bitcoin losing steam? smells like opportunity

Short
chickenboye Updated   
NASDAQ:MARA   Marathon Digital Holdings, Inc.
quick idea. declining volume, stagnating bitcoin price. ATM puts 2-3 weeks out from expiry look attractive for a quick play.
I still think bitcoin has one last trick up it's sleeve, but it's not going parabolic just yet.

PT: $48

this is not financial advice; I am not a financial advisor. Trade at your own risk.
Trade active:
4/16 $56p entry: $5.15 (bought yesterday ATM)
current equity: $693 - ~34% return.
Great place to take profits if you are trading multiple contracts or a big stack. I only bought 1 (degenerate gambler), so I am happy to leave this open in hopes of more Bitcoin carnage :)
Trade closed manually:
sold to close $56p 4/16 for $11.50.
Good thing I held out - 2.23 roi in 2 days is fantastic!
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