Friday, March 31, 2023

Friday 31 March 2023 iShortCOIN launches

Rather than annoy my options account followers with my niche Coinbase short and things related to it, I decided to have a dedicated outlet for it. Coinbase stock trading right now at $67/share is essentially Wile E. Coyote who has run off the edge of a cliff, but gravity hasn't caught up yet. I think gravity will catch up, and I can't believe it hasn't already based on Coinbase's disclosing their receipt of a Wells Notice.

Restrained and Enjoined: My Coinbase Short Thesis

Standard caveat: I'm short Coinbase via a various array of long put positions/spreads, mostly in June, September and January '24 op...