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so i think i have a cute play. mara is basically a stock that mirrors bitcoins movement (i believe they mine btc or something along those lines ergo ipso..)
i drew a white line showing pretty bankable resistance from dec 9 and extended it to feb 19, where price would be $23.67, which is coincidentally its exact price now:
next week CME is adding ethereum futures to their roster. right now pretty much all coins are getting green as fuck because ethereum is carrying them, as people are rushing to buy them anticipating the fairly inevitable surge in value.
the feb 19 mara $23 / $23.50 call spread is currently trading at around 20-23 cents each, which means that all mara has to do between now and the 19th is close less than a dime cheaper than it is now, and it will pay out +117%. so id pay $230 for 10 contracts and take down $500, at a time when a fairly seismic event is driving all cryptos up.
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