Following up on the two crypto-miners highlighted in the Weekend Update, both stocks mentioned in the update are on Sell Signals and both are down today, as is Bitcoin. Their, "next month," at-the-money puts are up 35% (RIOT) and 25% (MARA), respectively. The concept here is to tap a fresh Buy/Sell signal and trade either short-term or intermediate term options. Although I'm not a fan of day-trading, these are nice returns if looking for short-term profits off of our trading signals. RIOT MARA Bitcoin (BTC) With all three of these charts on Intermediate Term Sell Modes, the intermediate term trend is down. Next trade opportunities will either be reversals back Long, or, repeat Sell Signals, either of which will present attractive entires for short or intermediate term options.
