RIOT stays below $20 for Feb monthlies
Updated
The RIOT Feb 19 $20 Calls have the highest open interest, and are 65% on the call side. And the shorts don't lose them all.
Now I acknowledge that BTC could go bananas and maybe RIOT simply follows, but volume has come down. I expect a consolidation period and that we don't see big movement until after the $20 calls expire.
Overall, bullish for the next 90 days - PT 22/25/30. But think it takes the next 20 days to reset.
Now I acknowledge that BTC could go bananas and maybe RIOT simply follows, but volume has come down. I expect a consolidation period and that we don't see big movement until after the $20 calls expire.
Overall, bullish for the next 90 days - PT 22/25/30. But think it takes the next 20 days to reset.
Note
oof... fell on my face pretty hard on this one. Didn't count on Mr. Musk throwing so much weight behind BTC. On the plus side, still bullish.
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