Coinbase is down -45% since its IPO (COIN), and along with that the price of Bitcoin and other cryptocurrencies has been horrible. Bitcoin alone is down 42% – but that is actually outpaced by popular crypto related stocks like: MARA (-52%), RIOT (-57%). Its fascinating to note the COIN IPO (4/14/21) market the ~$64k Bitcoin […]
RIOT
RIOT Starting
RIOT is quite interesting here as a potential bullish play. Its not a name with huge options volume, but being that its a trendy space (blockchain) and calls are low priced (retail can easily buy a bunch) we think the setup is interesting. If you note we pickup $4 strike as resistance (aka HedgeWall) and […]
