/biz/ - Business & Finance

>>24827248
25% on my portfolio is in MARA and I'm holding my shares and calls till at least mid 2021 and will re-evaluate there. Its a nice speculation play on bitcoin and gives leverage on the price. For your money to double on bitcoin it'd have to go to almost 40k, but for MARA it simply has to go to $10. Significantly less capital for the move in MARA and I believe they will have the most hash rate/s once they receive all their miners in 2021, but don't quote me on that. I also recall someone saying RIOT has a hefty stash of bitcoin, so their value goes up in 2 different ways. 20k is a mental barrier, once that gets broken, it will go much higher. Premium for selling covered calls on MARA is alright for a penny stock, but MARA only has monthlies and RIOT has weeklies. Pick whichever suits your needs. I've been in since the low 2s and the cost basis on my shares under $2 from selling covered calls. I assume bitcoin will go higher once stimulus actually comes out around Feb 2021.

Finally unloaded my Jan 2021 GME calls today for a 5x gain. Was down 70% on them at one point. Not sure if I want to purchase Apr 2021 calls or not. Premiums are expensive as fuck.

Good idea to hedge my March 2021 NIO calls with short terms puts into earnings? At its peak this week, NIO was up over 30% on the week and after the dip its up 8% on the week.

>>23808040
I'm not saying its going to test 52 week high or anything, but it will be slightly higher with it being inside the Russell which is good for my calls.