Do your scribbles on BTC. MARA is essentially a derivative. BTC is up 1% over the weekend so MARA will be up if this holds.
Here is one thing I would say to you. From what I have seen from your directional calls, they are very hit or miss,and you don't believe in stops which is fine as long as your successful trades are magnitudes larger than your losers. Yet you trade as if you aren't a great directional trader. You sell puts as a bearish play,but won't catch the big move if you aren't assigned.. If I was as good as you at direction, I would be using my put sale to finance long calls/ call spreads and their close cousins
Hit or miss? He posts a gibberish chart with 10-lines at x to intersect at price. He doesn't even have the sense to look at the price of spot to arrive at a bias.
Just wandering in the options forum for some entertainment and WXY is delivering the goodz, as usual. Not sure if it was mentioned yet but the psychology of averaging down is a lot like that of selling puts. It's a denial of tail risk, basically, and the very real risk of ruin. My guess is the OP grew up after 2008, when the president went on record, saying "this sucker could go down" (no not Kamala)
Oh and shorts and naked calls aren't a risk? The big difference is that with short puts the worst case scenario is you take the stock. And how is it any more risky than just buying the stock lol. You guys aren't risk averse ..you just have no balls. The real risk of ruin is getting stopped out 20 times every entry.
Cmon Bro,you arent this dumb You are in a league of your own when it comes to direction,but you advocate selling a put?? Its not about the risk,its about the return.. If you are anywhere near as good as you claim, you wouldn't be selling your "bearish put" hoping expecting g to get assigned.. You don't take leverage,you don't employ stops, and you sell a put due to the likelihood of not losing money... You are a funny guy