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.
$COIN 20250228 320.0 CALL$ 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 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.