pull down to refresh

April’s Update

7 Positions = 7 assignments = 700 shares of fold = 350 shares to the stackers7 Positions = 7 assignments = 700 shares of fold = 350 shares to the stackers

(from this Put strategy)

Assignment is all that is happening to me!! All good. I think Fold is undervalued.

Here is the cash covered Put I sold that paid me $139.96Here is the cash covered Put I sold that paid me $139.96

Here is the assignment that cost me $300Here is the assignment that cost me $300

This equals a loss of $160.04This equals a loss of $160.04

7th time I have over paid for Fold Stock! But I am excited for what they are doing for Bitcoin. The credit card will be an easy way for people to stack sats and they are rolling out a business feature that will allow companies to compensate employees with sats. I think once the credit card project finishes its rollout we can see the growth numbers accelerate to profitability. Esp. during bull market in Bitcoin.

Check out the update to the Stacker Stocks Portfolio.

June’s Cash Covered Put Position!June’s Cash Covered Put Position!

I try to get at least $100 in credits when this strategy. But since this strategy has yet to bring profit let’s take it down a notch.

Setting a limit price of $2.00. Getting greedy but let’s see it catches a buyer.

Over the last month the stock is up 28%.

The market is still pricing this company to go bankrupt but Will and his team has done a great job getting the credit card product up and running and have real opportunity to capture growth.

See you all in June

Position in place

reply

Hold up, did I hear bitcoin dividends?

reply

Haha hopefully some day! That is why I buy bitcoin equities today.

reply

If you are bullish the stock it is not a bad way to accumulate shares.

reply

Hyper Bullish!

reply

Should buy some LEAPS

reply

Can’t. No liquidity

reply

That’s too bad.

reply

Have you tried buying bitcoin and holding it in self custody instead?

reply

Is water wet?

reply