Sensational title? Yes, but I realized 1.57% profit on a trade in one day, so we take these.
The scoreboard going into the weekend:
1 call on Mara at 10.50 strike yielding 61.24%
1 put on Mara at 9.50 yielding 60.44%
2 puts on Mara at 10.50 yielding 81.07%
14 puts on BITF at 2.50 yielding 64.86%
There was so much action going on this week, I don't even know where to start. I set standing orders to fill, locking in 50% profit on my puts, and they were filling left and right. As soon as one fills, I find a safe strike yielding 60% or more and sell puts so I just churned through them this week. The big exception was on CLSK.
I sold some contracts on Tuesday, and woke up Wednesday to news that Clean Spark bought 400 acres in Texas and already signed an energy agreement to build a data center. The stock shot up pre market, I could have held longer and gone for 50% profit to close, but if the market offers you ~30% after 24 hours, take the win.
The premiums were dry on Mara and CLSK, both were too green, but BITF was paying at a 2.5 strike, so I sold a wopping 14 contracts at 30DTE.
A couple Mara contracts filled a few hours ago, so I sold 2 7DTE puts because the market is closed on Monday, and that's free rent.
Unless Bit Farms rips next week, I expect it to be much slower but everything that's open os paying well, and I only have $83.07 of cash drag going into the weekend.
I decided to do updates on Fridays after markets close instead of Mondays because it makes more sense. Time to relax and let Theta pay me for the long weekend.
Good work!!!
Thanks! It's was a really fun week!
I know some of these words
Me too! Not all of them though. Did I sould like I knew what I was talking about?
Pshaw! You have yet to beat @grayruby's 5 billion percent annualized return
Yeah that didn’t hold up. I am down 1.80 on the NFL season.
I'm up 8.51% pre tax so far. What's the over under? I can tell you factually that this pace won't last all of 2026.
Not even close lol. I wish though.
Annualized is a lie you just told yourself by extrapolating past gains. Fuck extrapolation. Do it and show the numbers. On chain if you can so that we know you're not a bullshitter.
What?
Forgot the "haha" at the end.
What I mean though is that you cannot extrapolate a single day worth of gains into annualized like this because we all make costly bad calls sometimes. But you know that.
Also, there are a lot of people out there (not saying that this is you) that make up fantastic claims about gains. This is dangerous to listen to because it could be used to manipulate the market. So unless there are things that are timestamped prior to execution as opposed to post the facts (could be as little as a textfile stating intent, then opentimestamp it.) Remember the AMC psyop?
The main reason I measure daily, and annualized returns is because I'm tracking the velocity of the trades. I don't actually expect to make 574% in a year. It's helpful though because I can easily see that it's worth exiting a trade early if it increases my daily yield.
I'm just having a bit of fun trading and I'm starting the year on a hot streak, but it's only 12 trades so far, the number will go down.
As far as the fantastic claims go, I could certainly provide the recipts proving my earth shattering $600 in gains, but in all honesty, nobody should be using this as trading advice. It's just a hobby.