Bitcoin stocks thread: MARA RIOT EBON BTBT

Discussion in 'Stocks' started by KCalhoun, Feb 16, 2021.

  1. KCalhoun

    KCalhoun

    Trading these? Let's discuss... good gaps today MARA etc
     
  2. narafa

    narafa

    Don't you think you are a bit late to the party? Unless you have been trading those earlier already?
     
  3. Pekelo

    Pekelo

    He didn't say go long. Also if you think the volatility will go down, sell those sweet premiums.
     
    KCalhoun likes this.
  4. PYPL could also be a Bitcoin trade.
     
    KCalhoun likes this.
  5. T441

    T441

    Yes! If you’re a day trader and went long just after the open then not late to the party. Unfortunately MARA and RIOT both not shortable with IB when I needed, had to make do with some out of EBON and SOS instead.
     
    KCalhoun likes this.
  6. vanzandt

    vanzandt

    Like two weeks ago.
    I mean maybe the top's not in, but that's old news.
    Ditto SQ.
     
  7. narafa

    narafa

    Well, I already did. In fact, I have been long both RIOT and MARA from the 18-20s range. I sold a hell lot of cash secured puts and covered calls in the last 6 weeks, some expired and others expire in like 1-2 weeks time from now.

    I don't believe IV will immediately go down, in fact, I believe it will go up. This is why I started buying options now, not selling premiums anymore.

    Obviously, the options are miss-priced IV wise for sure. Market Makers models are under-estimating the Vol according to my rationale.
     
  8. KCalhoun

    KCalhoun

    bitcoins gap up RIOT MARA EBON :D

    mara17feb.jpg
     
    TrailerParkTed likes this.
  9. T441

    T441

    Looking for advice after a frustrating day! I use IB and again today MARA and RIOT are showing as not shortable, a red dot on the order entry window. But to make it much worse I nailed the tops in CLPS and LODE only to get the ‘ we are looking for stock ‘ message. Clearly in a fast moving mkt I just hit cancel and between the 2 missed out on around $6. I am used to trading futs and trading whichever way I want, it appears in stocks I need a long bias or maybe find a closely correlated stock that is shortable! Help appreciated, cheers
     
  10. I've been selling my share of RIOT and MARA puts lately.
     
    #10     Feb 19, 2021
    hypercube likes this.