Below is a daily chart of Riot Blockchain, Inc. (RIOT).
Trade: Consider shorting Dec (12/29) $15 naked puts (7 DTE) for $.50/share (currently $.50 x .65), time decay trade with high 210% volatility.
Technical Setup: Holding after gap down to r20-MA daily.
Option Strategy: Short Naked Puts (SP).
Stop Loss: None for now.
All the best,
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method
Chief Options Strategist
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