RKLB 240 Minute Holding the above calls, subject to 50% trailing stops on some-to-all of the positions. We will be rolling over to new expirations/strikes, next week. Bitcoin/BITO Bitcoin is back up over $100K and very close to its maximum expected Fib retracement @ about $102K. What happens next is key to implementing a new trade. BTC Daily These BITO calls both retraced more than 50% from top tick ("Best Return") generating profit-taking exits on some to all of the positions. BITO Calls If still holding either of the two above BITO Jan calls, continue to do so so long as Bitcoin remains above $97K. Strategies If Bitcoin continues to rise much above $102K, we will turn bullish and recommend new BITO or BITX calls. However, a failure near the Fib 62% retracement level of $102K will open the door to buying puts on BITO and/or BITX. As of right now, Monday morning, with Bitcoin at $101K...we wait. Whichever direction the next move, it should be massive and being a few hours to days late in getting in to a new position will not matter.
