Marathon Digital Holdings Inc (MARA)

[Mikey]

yeah, i'm watching the option chain.......ok, ttyl

[Chartmaster]

MARA Earnings report is May 8, so my June calls will see it...... 9.15 ask now for them 22's

[Mikey]

thats good trading, bud.........

[Chartmaster]

Don't know, I'm just shopping for the best value strike and month for my money, I always try to buy them 3 months out, June today, I usually buy out of the money but when a stock is HOT like Mara I gotta shop for best value itm cuz premiums are high....them June 22's are now 9.40 ask

[Mikey]

I like it......whats your w/l % using itm's

[Chartmaster]

Here's the June 21st exp MARA call options, you see the 22 strikes for 8.75 means at exp I get everything over 30.75, compared to the 30 strikes at 6.25 at exp you get everything over 36.25 and it only cost 2.50 more for the 22 strike so it's well worth the extra $250 to get ITM imo

[Mikey]

OK gimme an example of % of profit for ITM calls, if you dont mind.......typically I havent been doing that, but I may try it

[Chartmaster]

In the money is only way to go cuz they are so expensive out of the money...my 22 strikes I paid 8.75 for so I get everything over 30.75 and today's high is 30.71 and I got till June 21st!

[Mikey]

ah ok, got it.........deep in the money 22 strike for june 21-- 8.75....everyone's terminology is a lil different

[TaperT2]

This Sec. is So unpredictable :D 1day 8( next 2 lol Tho better tymes ahead

[Chartmaster]

Just bought 3 more at 8.75, I think 25 is strong support for MARA and Bitcoin is def going to new highs

[Chartmaster]

June 22 strike at 8.75, filled 2 of them, I always state the month then the strike, rarely weekly so June 21st exp, 22 is strike at 8.75 costs $875 each

[Mikey]

say again...???....I dont follow the 8.75 , what strike price?

[Chartmaster]

Also bidding for June 22 calls at 8.75 after selling 5 of them yesterday at 13.88

[Chartmaster]

Brutal day for MARA, yet Btc holding steady, I'm re-loading MARA June 26 calls today! Now 7.35 buying OP!

[Gpheart2016]

Bitcoin continues to climb and all the miners are crashing. What’s going on?

[Chartmaster]

Sold my calls today, bitcoin straight to 64K needs a break now imo

[tfusari]

Yes!! MARA give us $40!!

[Warrens]

Big day today....

[Chartmaster]

Oh My MARA! Now holding 5 June 22 calls!

[TheKid5]

BITTY = 54.3K

[adonaiwindows]

Might be a little wishful thinking there....
10's could be a better fit for you...
Let me know how you make out on that....

[triannual]

Solid support @ $16.50 ish area. Might be a good area to get in.

[TaperT2]

Exactly , Who follows Folks that look at 2 of 10 matrix

[TheKid5]

Will blow by $26 when bitty hits $55K, soon

[triannual]

Wall Street price targets $14 low $26 high

[rnanaples]

allright the last time i got cocky it cost me big. HEre i go again. I say 4-7 it will be up 1 dollar ish. 7 -9 it will dump 1 dollar and then shoot up 1.50 by 4

[Chartmaster]

No, I just been buying them as price dipped looking for the best time and value....April 19th is the halving date I think, my April calls expire the 18th so I look for a big bitcoin rally into the halving, then maybe a sell on news pullback like we saw when all those ETF's got approved

[Mikey]

“April 18, 20, 25, and 30 calls”—-are you basing that off of the date of the halving”? ITM on 3 of 4–very nice!

[Mikey]

Oh yeah, a “timber” post will certainly do it, lol-

[triannual]

Trying to keep you guys in check. Lol

[Mikey]

my Due Diligence on MARA earnings for FEB 28:
last qtr 2022: Total BTC holdings: 1562.....Approximately $26,500,000
The Company recorded a net loss of $(686.7) million, or $(6.05) per share

-------------------------------------------------------------------------------------------------------------------
last qtr 2023 Total BTC holdings 4,242....approx $220,000,000

***********************************************
Bottom Line:....EXPECTING BLOW OUT NUMBERS ON FEB 28TH

[Mikey]

ahhhhh a 'timber' post havent seen one of those in last 20 mins......lmao

[TaperT2]

Now I see why Folks in their 30’s are all going gray and poor health , Stress is a Killer ……Ah HaHa

[triannual]

It did exactly what it was supposed to do.
Wall Street price targets are
Low- $14
High $27

[triannual]

TIMBER!!! LOOK OUT BELOW!!!

[rnanaples]

why didn't I sell pre-market??? Never count on this pos to do what it should.

[triannual]

LOL

[InspectorBullit]

Required viewing on importance of transaction fees. First five minutes.
Fred Thiel

[Chartmaster]

I put the numbers in my calculator and it spit out $47.98 MARA target price for this run, along with Bitcoin straight to $60K on this 50K breakout!
Jim Cramer, Larry Williams, and even Carter Worth(CNBC's Chartmaster) all said to bail on Bitcoin and they were right from like 48K down to 39K, now Cramer says about MARA "If you want to play bitcoin, buy bitcoin" now at $52K

I'm holding 4 MARA Calls:
April 18, 20, 25, and 30 calls

[InspectorBullit]

Great day for MARA.
IREN, as I forecast last night, up 21% today.
Both miners have completely different strategies, so worth holding both, imo.

[DollarDan]

I popped it hard yesterday @ $26 when everyone was panic selling. Looks like it is paying off today. Holding as long as I can.

[Warrens]

Money in the bank

[InspectorBullit]

I have a feeling that prices are going to go crazy high this year.
Not sure how anyone can suppress bitcoin now. Blackrock would do it if they could, still early for them.
I think Iren will surprise people. But MARA is king.

[TheKid5]

Happy Happy Joy Joy

[Mikey]

LOL, Everybody happy?.......much more to come, too!

[Chartmaster]

Yup! $50K today on it's way to $60K, then 82-122K by eoy imo

[TheKid5]

BITTY = $50K. That was fast!

[TheKid5]

SP $26 and rolling

[TheKid5]

BIT held $48K over the weekend $$$$