BITCOIN RELATED TRADING USING WEEKLY OPTIONS WITH LIMITED HIGH RISK WITH POTENTIAL HIGH REWARD ONE WAY TO PLAY BITCOIN IS THROUGH A SURROGATE PLAY WITH OPTIONS. PROFIT FROM BITCOIN PRICE MOVEMENT UP OR DOWN USING OPTIONS.
OVERSTOCK.COM IS A BITCOIN FOCUSED COMPANY THAT HAS WEEKLY OPTIONS AVAILABLE. THESE PAST 2 WEEKS HAD 2 GREAT OPPORTUNITIES TO PROFIT FROM THE PRICE MOVEMENTS OF BITCOINTHAT WE FOLLOWED. THERE WAS A PUT OPPORTUNITY BETWEEN THE CALL BUT WE WILL WATCH FOR THAT ONE NEXT TIME.
WE FOLLOWED 2 CALLS FOR SPECTACULAR PROFIT OPPORTUNITIES OF 500% THE FIRST WEEK AND THEN 670% THE NEXT WEEK FOR AN INCREDIBLE 1170% IN 11 DAYS.
Here are the plays we followed.
FIRST TRADE FIRST WEEK OVERSTOCK.COM -2.52% OSTK 121517 60 CALL AVERAGE PRICE $1.65 TUESDAY DECEMBER 12, 2017
OSTK 121517 60 CALL AT $9.98 FRIDAY DECEMBER 15, 2017 500% PROFIT IN 4 DAYS ++++++++++++++++++ SECOND TRADE ON EXPIRATION FRIDAY $670% IN ONE DAY OVERSTOCK.COM -2.52% OSTK 122217 60 CALL BOUGHT AT $$.90