We finally cashed in with Bitcoin, as both IBIT $40 put positions, one taken in April and one taken just a few days ago, are looking good: The April 28th entry was technically stopped out at breakeven, save for a few contracts that may have been held, "just in case." A perfect example of a "just in case" position coming back from the brink to generate a triple digit gain. Going forward, we have a 50% trailing stop guiding our puts from the May 27th entry, guaranteeing another triple digit return @ +144%. BTC 2-Day The target for Wave 5 is below $50K and likely well before July expiration. Nonetheless, let the 50% trailing stop work its magic, save for a small position held no matter what, "just in case." Monitoring The Q's Today's low tick on the Q's is 732.62. Taking it out ANYTIME is our Sell Signal, buying the July $675 Puts at any price.
