Nov. 23 at 8:46 PM
$KURA closed my call options Friday to move into
$HBR June calls to take advantage of crypto capitulation. Theta was high, but as we know, cryptos can move explosively if the cycle holds.
Add in some of the developments expected through the 1st few quarters and we could see 5 x from these levels. Probability greater than 15% I would imagine.
I did the same with bito calls in Oct 2023 and realized 40 x on the calls.
It is possible that
$HBR will outperform the bito play. Easy way to gain leverage on what could be an explosive season for cryptos. Each
$HBR share represents 137
$HBAR. So you are gaining large exposure on the cheap. Posting because I don't think I will be able to add to the position in a meaningful way, which was the plan, but
$HBAR has come up 19% since Friday. Will see what calls are priced at next week and see if doubling or tripling the position is in the cards.
I did
