CLSK ranges CLSK continues to range in the general area between 15.5 and 19.5. With BTC rejecting further bearishness for now we look for upside. My strategy for this dump has been to sell 15.5$ and 15$ puts on a weekly basis for premium. I plan to exit the trade at 80+% profit today or tomorrow to capture more Theta decay. Hopefully CLSK will bounce a decent amount above 15.5$ today, if not I will take assignment on these if the premium does not change enough in my favor. I will then sell covered calls as BTC heats up.
-Remember this is a daily chart, these things take a few candles to play out, these are not immediate