Trade of the week ending 13 December 2024: Profit +$2712
Dec 13, 2024
40 days ago sold 17 contracts Coinbase (COIN), $120 PUT at $1.80, expired 13 December. Total premium profit after fees $2712. This was just after earnings and while technically showing a downtrend, $120 strike was great value. The price of COIN exploded quickly afterwards with the rise in BTC, so kept premium.
