Plans for Sustained Short Call Strategy on COIN
Big resistance levels offer good odds of IV crush and/or reversal.
Been eyeing up this trade for a while, but the strength of BTC and general resilience of the broader market has made me very cautious about it. But the time may now have arrived to launch into a sustained selling of calls spreads on COIN betting against a breaking of 160 (Current price 147).
Hyper Extended Move
Markets have generally been strong of lat…
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