Rolling this expiring short puts further out by 2 weeks to buy some time.
Strike remained at $12 as it's far in the money so very little premium collection and most price is for intrinsic value.
This is only to delay assignment as I've already took up another batch and is selling covered call with similar strike of $12.
If CLSK goes above $12 by Aug, then these trades will be nicely netted off, but likely it's not, so more trade management is needed.
Price is weak despite relatively high BTC pricing. Guess the premiums assigned to these companies are eroding.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -0.03 22 | -- Closed |
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- Athena Spenser·2025-08-18Rolling puts buys time,hope $12 holds to net trades.LikeReport
- Maurice Bertie·2025-08-18CLSK weak vs BTC, $12 strike might need more management.LikeReport
- IreneWells·2025-08-18Good strategyLikeReport
