The Market is Bleeding. Premiums Are Not. Let me share what I've been doing this week. SPY down almost 10% from ATH. VIX spiked past 30. Iran war headlines dropping every day, oil at $107, and the fear is real — I get it, it's been a rough few weeks for a lot of people. But here's the thing. If you've been running a wheel strategy through all this, the premium collection has been quietly doing its job in the background. Higher VIX means fatter premiums. More fear means more people paying up for protection. And all of that flows to the seller. The market is bleeding. The premiums are not. You don't need to call the direction perfectly. You just need a strategy that keeps paying you while you wait for the dust to settle. That's the whole idea behind the wheel — and this kind of environment i

$COIN DIAGONAL 260515/260501 CALL 220.0/CALL 205.0$ Rolling out for 2 weeks. Higher by $15 . Earnings announcement so volatility is quite high and premiums are attractive. If it gets called away so be it.

$COIN 20240802 205.0 PUT$ Germany gonna finish selling btc soon. Waiting for btc to break above 60k so that it can trigger some stop losses. If no major selling from mt Gox holders then coinbase should be able to hold the 200-210 support

Most of you should have insane gains by holding your positions till now since early Nov. We're going into the last leg of 2024, please hang in there for the last leg of gains. Not expecting super powerful momentum up, but also still nothing to be bearish about at this moment. Let's milk this together as much as we can. Cheers.

$Coinbase Global, Inc.(COIN)$ Dca

$Coinbase Global, Inc.(COIN)$ Bounced off 200-205. Not a significant support but the whole number of 200 may be a psychological barrier for most. Will still continue buying in at $100 per day till it breaks the overhead resistance of 250-270