Papa Bear
Papa Bear
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$BITX 20260220 35.5 PUT$ Cash secured put trade no longer viable when price of underlying leveraged bitx etf falls below $20.  My guess is price will decay to around $10 or below by next month.
$ETHU 20260306 51.5 PUT$ CSP trade no longer viable when price of ethu etf fails to stay above $30. My guess is price will likely decay below $20 by next month.
$ETHU 20260213 68.0 PUT$ Closed this trade, support breached
$KOLD 20260213 10.5 PUT$ Building position for spring
$KOLD 20260213 10.5 PUT$ Building this seasonality trade as winter is ending 
$KOLD 20260213 9.5 PUT$ Winter is ending soon.
$ETHU 20260227 55.0 PUT$ Underlying weakness in eth is dragging ethu down too fast. Close position. Price recovery not possible in near term.
avatarPapa Bear
02-04 23:06
$2x Bitcoin Strategy ETF(BITX)$ Closed all long  leveraged crypto positions. Reason: 1 full day candle below $20 for bitx etf. My guess is price will likely decay to $10 from here on by next month. 
avatarPapa Bear
02-03 23:27
$ASTS 20260213 144.0 CALL$ Supply call at high strike on IV spike for credit
avatarPapa Bear
02-03 23:17
$BITX 20260213 25.5 CALL$ Covered call sold for credit
avatarPapa Bear
02-03 23:12
avatarPapa Bear
02-03 22:48
avatarPapa Bear
02-03 22:36
avatarPapa Bear
02-03 07:42
$BITX 20260213 29.5 CALL$ Sell covered call 
avatarPapa Bear
02-03 07:42
$ETHU DIAGONAL 260213/260306 PUT 52.0/PUT 51.5$ Diagonal roll to lower strike and pocket credit
avatarPapa Bear
02-02 22:46
$ETHU DIAGONAL 260227/260206 PUT 54.5/PUT 55.0$ Diagonal roll to lower strike and delay assignment 
$BITX 20260130 31.5 CALL$ Sold call to strangle cash secured put. Expired.
$BITX 20260130 32.0 CALL$ Bitcoin weakness persists, strangle call expired 
$BITX 20260130 32.5 CALL$ Defensive strangle call expires
$BITX 20260130 35.0 CALL$ Strangled call expired 

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