Respectfully, I do not agree with your assertion of "Only way to make money on this..."
Marathon is my largest position and I have owned it since early 2023. I add to it when the price is low and I have NOT sold a single share even though my position is in the RED lately. Instead, I have been selling Covered Call Options against my position. I have done it successfully 11 times and have won every time.
I get paid in cash when I pull the trigger. I don't have to wait on anyone else or the market to do anything. The MARA options have weekly series so I can sell options every week. They expire worthless on Friday and I can sell them again for cash on the following Monday. The primary advantage that I see in following this method is that THIS miner stock has the widest dynamic range of price of any Miner stock I own.
Of course, being a Bitcoin Miner STOCK it follows the stock market. But THEIR product is Bitcoin so it also follows the price of Bitcoin. Every month there are at least two opportunities to pull cash out with my strategy, without selling any shares. I own a total of nine miner stocks and I use the strategy on every one of them.
The elementary truth about options is that BUYING options is extremely risky, and most transactions fail. But selling "covered" options is very safe and can be extremely lucrative. It is almost like free money. The trick is to pick the right Option Exercise Price so that the option will NOT get exercised but will expire worthless, and you don't lose the stock. Wash, Rinse, Repeat endlessly. Choosing weekly options means my position is NOT exposed to market ebb and flow that long. Of course, this strategy requires some Due Diligence and some patience, factors that, I assume, most people are just not capable of. Or perhaps too much work involved. Picking the right stock is the hard part but selling the options is very easy.
Once in a rare while I reach out and try to explain my nearly full proof strategy for making money. But it seems like most people are just too lazy or just don't care, because I get no response. I might as well be talking to the wall. Anyway, this is my way to financial success and it is working very well for me.
Good Luck to All MARA Longs!
