u/rwc5078 · 30d ago3 prior · awaiting results
Long IBIT calls exp Sep 25 · 250 contracts
$15,000 Weekly YOLO on IBIT - 250 Sept 25 calls for $.6 each - Looking for $114,000 profit
Author expects Bitcoin exposure through IBIT to rally significantly before late September, betting on call options purchased at $.60 to reach $2.50–$6.00 per contract for substantial profit, despite skepticism about blockchain fundamentals.
At post $49.01Now $44.57-9.1% since postedas of Aug 24, 1:28 PM ET