Boy I wish I kept those $2.50 options.MARA ($6.80) and RIOT ($8.92) Both hit highs yesterday after market. Linked to the price of bitcoin this is what I SUGGEST..
IF you believe bitcoin will hit $50000 by the end of next year like many experts project keep your shares.. If uncertain sell off a portion and maintain some.
Otherwise sell all and enjoy your profits and buy yourself a nice Christmas gift.
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Personally, I sold my shares of RIOT and took half the money and bought more shares of Mara @ $6.36
I also sold all my Mara March $2.50 strike options and Kept all my June $4 strike options..
GOOD LUCK in whatever you decide to do
MARA will open down today. Bitcoin was over $24000 yesterday but dropped $2000 over night..Could be people taking gains to offset losses or it could be people afraid they will pay higher taxes next yr under Biden and want to take their gains now..either way since I sold $4 puts and $9 options, I would like the stock to stay between those numbers and will not be doing anything with my shares until after Jan 15th...What you do is up to your belief or lack there of in Bitcoin