Selling MARA puts for income.
Despite a short-term Bitcoin pullback this week, MARA has been holding it’s recent gains. That’s a good sign and should lead to future strength. There’s a high level of premium in MARA’s option contracts giving us a chance to sell puts with plenty of buffer while still collecting an attractive amount of income.
- Sell (to open) 1 MARA December 17th $45 put
- Limit: $4.75 or more
- The new position will represent roughly 4.5% of our model.
- 14:45 Executed
- Sold 1 MARA Dec 17th $45 Put @ $4.97