Nov. 14 at 3:51 PM
$IBIT Dec, 56/48 Bear Put Spread 2.22 to 2.91
$IBIT Nov 54 P 0.90 to 1.44
⚠️ Nailed the crypto ETF warning: after yesterday’s flow on
$IBIT and
$ETHA,
$BTC.X dropped and premium washed out. Booked gains on both plays—
$IBIT Dec 56/48 Bear Put Spread:
$2.22 ➡️
$2.91
$IBIT Nov 54P:
$0.90 ➡️
$1.44
Staying risk-focused and nimble pays off when the flows flip negative and the market reacts!