Perfect example of why S&R is just plain wrong analysis.

Thanks for reminding me. Currently long BITI, long BITO and short BITX. Just added 500 more BITI.

 

What happened to BTCC.b?
Why short BITX instead of long SBIT?

Long BITI which was a kicker position and you were long BTCC.b
You have averaged down on BITI.
When did you pick up the other 2 positions?
Is being long BITO and short BITX an equal hedge?

 

Just closed the BITX for a small profit.
Yes just averaged down on BITI...switched from BTCC.B for more volatility.
BITX has weeklys.

What's the best spot bitcoin etf for non-cash settled options?

ARK 21Shares Bitcoin ETF (ARKB)
Bitwise Bitcoin ETF (BITB)
Fidelity Wise Origin Bitcoin Trust (FBTC)
Franklin Bitcoin ETF (EZBC)
Grayscale Bitcoin Trust (GBTC)
Hashdex Bitcoin ETF (DEFI)*
Invesco Galaxy Bitcoin ETF (BTCO)
iShares Bitcoin Trust (IBIT)
Valkyrie Bitcoin Fund (BRRR)

 

How is that you had a profit? You were short since when?

 

Don't know, don't play options.

 

Sold 3 puts yesterday @ 1.06 and closed today @ .64

 

Ah you failed to mention your position consisted of options.
Are all your positions options?

 

No I hate options...total racket. I sell options to accumulate shares and make premium.

 

your positions now are long BITI and long BITO
BITI started out as a kicker position and you have added to the position.
I'm assuming that the BITO position is still bigger than BITI, or has adding the 500 shares of BITI made the positions equal.

 

Think Uno cards and magic 8 Ball.