I opened 100.0 share(s) $Coinbase Global, Inc.(COIN)$ ,My last put has finally been assigned today, forced to buy 100 shares. Will be selling calls on them in the coming days. Is this the sign that the worst is over? [LOL]
I opened 1 lot(s) $COIN 20250328 245.0 CALL$ ,Sold another covered call as the price falls below support level at 50 week/ 200 day moving average. At this point I feel like I'm playing Limbo with $COIN, with "It's Not Over" by Daughtry playing in the background.
$COIN 20250228 320.0 CALL$ 2 x covered call expiring out of the money soon, should be closing this next week, anticipating a bounce in share price off closing around the 50 week/ 200 day moving average. Looking to sell another round of covered calls as these shares were being bought with financing after my 2 x sell puts were being assigned at 300. Using the premiums earned to pay off the interest and lowering the cost basis of the assigned shares. Could potentially pay off the cost of the 200 shares if I'm getting the covered calls out of the money consistently.
I closed 1 lot(s) $COIN 20250221 280.0 CALL$ ,Expired out of the money, will look to sell round of another covered calls next week. Price closed at around 50 week/ 200 day moving average, hoping for a bounce after the sell off this week if this proves to be a level of support.
I closed 3.0 unit(s) $COIN CALENDAR 250221/250321 PUT 330.0/PUT 330.0$ ,Rolled these deep in the money puts further out by another 4 weeks to collect premiums. Massive cup and handle on $COIN chart, fundamentals looking solid per Q4 earnings, forecast is bullish as well given by management during earnings call. Self reminder that narratives follow prices. Don't listen to the noises that the market makes and follow through with your own judgement.
I closed 2.0 unit(s) $COIN DIAGONAL 250131/250228 CALL 300.0/CALL 320.0$ , Rolled 2 x covered calls to a higher strike and one month out again to collect more premiums, anticipating a pop in the share price after earnings report in Feb. 320 should be a decent resistance level, given the uncertain macro environment with the newly implemented tariffs by the Trump administration. Happy to keep rolling the covered calls to lower average price of the shares, or cash secured puts if the shares get called away.
I closed 2.0 unit(s) $COIN CALENDAR 250124/250221 PUT 330.0/PUT 330.0$ , Rolling these 2 puts for another month to collect more premiums. Expecting COIN to have a blowout quarter this upcoming earnings in Feb and allowing these puts to expire out of the money. Otherwise I'll keep rolling the puts for more premiums.