BTC and Market Update

13
I got puts on MARA with a strike price of $21.50, expiring next Friday.


only 800 bucks worth, but lets see what happens. As I have been consistently saying. I am not a big fan of how overbought we are, when it is fine if we drop a couple percent. On BTC kind of, but more so the indices and especially MARA.

I still think the fair value for MARA should be around 21-22.5. Not all the way up at $25.

I am not really trading on BTC dropping, but sitting at worst and MARA being overbought and pulling back a bit.

From a BTC standpoint, I would not short here.

Penafian

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