leongaban

leongaban Updated 

-275 +272.5 / -297.5 +300 May 31st expiry, Premium after fees: $170.44 / capital required: $75 227% gain on capital. 2 DTE May 31st Expecting CRM to bump up before expiry

leongaban

58 days out, Jul 26th 90% chance to win on this trade without needing to adjust -4690 +4640 PUT side $100 premium, $13 in fees, $697 capital allocated 12.4% Will close around 50-70% Next time doing one of these will aim for at least $100 post fees.

leongaban

New 7 DTE opened -5200 +5195 / -5385 +5390 Jun 4th Premium - fees: $ 145.79 allocated $ 840.00 2 contracts 17% gain Will close near 50%

leongaban Updated 

Bull Call Spread on NVDA expires May 21st 2025 -1400 +1360 Premium $ 3,178.00 on $ 822.00 or 386% gain, will close early as NVDA continues to rise

leongaban Updated 

-5270 +5255 / -5340 +5360 Huge fees on ES,$5 per leg, buying 2 contracts each leg to get premium over $100. Could close early later today, or just let this play out. Deltas are low atm: -5270 +5255 / -5340 +5360

leongaban Updated 

Selling my wings at the 10 delta this time. -5215 +5205 / -5395 +5405 Mar 30th Expiry 150 Premium - 7.13 commission & fees 850 Allocated capital 16.81% gain on capital

leongaban Updated 

First time doing a Long Condor Spread for an earnings play. NVDA expecting a big upside move. It's an Iron Condor, but only on the call side, the strikes: -965 +960 & -1100 +1105 Risking $169 to make $331, directionally bias move to the upside.

leongaban Updated 

I closed my last 7 DTE Iron Condor on SPX today for 9.26% gain on capital allocated. Now just opened a new Iron Condor on SPX -5225 +5210 & -5375 +5390 Expires May 24th, atm the % gain on capital is 28% so $327 on $1160, will close this early as well, potentially first half of next week, before Weds and the NVDA update. I choose my sell strike deltas at -0.15...

leongaban Updated 

These are just price and mcap projections and not to be taken as financial advice. Imho there are basically 3 cryptocurrencies that matter in terms of organic user and developer adoption. That's Bitcoin, Ethereum and Solana, other chains don't come close. Currently Solana is the fastest blockchain, and processing more transactions than Ethereum and it's L2s...

leongaban

All signs I'm seeing for a bullish reversal to continue up... Bullish divergence, and also I'm seeing a higher likelihood of a gap up. Mar 15th CALLS ATM

leongaban

I'm heavy in stablecoins and NFTs atm, my buy back targets are highlighted in these charts. For $BTC is in the $18k range, for $SOL its the $14-$15 range. IMHO the bottoms are still in, but we still have another bear year ahead of us, accumulation year peeps.

leongaban

Link on Wyckoff Method: academy.binance.com Last year we had a Wyckoff distribution phase, which started the bear market, and what seems to be playing out now is the bullish version, Wyckoff accumulation. Way too early to tell, but saving this to view back on later.

leongaban Updated 

With about a day left before the candle stick closes... one could argue we have been in a bear market the last 6 months, and we have technically. However when most were bearish they were talking about a major cycle downturn, ie: ending of the 2020-2021 over all crypto bull cycle. This wasn't true till Bitcoin breaks, closes below and gets rejected by the 100...

leongaban

I'm still waiting for #BTC to get closer to it's 200 week moving average, before I consider re-entering any coin position, BTC, ETH or SOL. These are plain to see vertical vol levels... the previous cycle high of Ethereum isn't going to get respected in this environment.

leongaban

Obviously these zones will change with more info, but as it stands, I want entries closer to the Bitcoin 200 W moving average and bottom of this extended channel. Now I'm not actually buying BTC, will be mostly entering new positions in ETH and SOL. Perhaps adding to my BTC position in my IRA. Saving idea for the future.

leongaban

Imho BTC needs to clear 48k then hold it as support and continue on for any of us to feel safe atm. It is bouncing of the short term trend line I drew, and the golden pocket of the local fibs. Solana is similar to BTC in that it's bouncing off it's golden pocket, ETH is looking stronger bouncing off the 0.5.

leongaban Updated 

Weakness on both 1D charts, SOL could hit $81 again, which would make that support more weaker and more likely of a price break down into the $70 range. BTC MACD about to flip red.

leongaban

Bearish scenario is more likely. So far lengthening cycle theory still has a chance to play out, however we've been in a several month bear market already... also the double top on Bitcoin last year is way too strong over over look at this point. As the war and regulatory uncertainty continues in the US, we could continue to see depressed crypto prices going into summer.