IA Trade Alert (Patreon)

Hello team,

As previously indicated, I planned to start hedging or taking profit on CleanSpark (CLSK) at $20, and we have now reached that level. Instead of reallocating to Tesla, I opted to sell the $20 calls for $3 each in multiple transactions. This sets my breakeven at $23 over the next 45 days.

SIGNAL was ATR model which is right 100% of the time...

I accounted for most of the trading volume today, and this strategy applies to a portion of my CLSK position.

Interestingly, this approach reduces my cost basis for CleanSpark to a credit. I hold a significant CLSK position that effectively cost me nothing, as I have hundreds of $2.50 calls and have been consistently selling calls against this throughout the bull run.

I will roll up if we shoot above $23