Crypto miners caught a bid Wednesday following Bidens Executive Order on cryptocurrencies.
I expect this bid will continue over the next few days.
To play this move I'm looking to buy any weakness in Riot Blockchain on Thursdays open.
Currently eyeing March 18th $17 strike calls.
Would like to pick up as close to $1 as possible.
Will be targeting $20 in 2-3 days.
If this plays out by Monday, I expect the call to approach $3/ea.
I expect this bid will continue over the next few days.
To play this move I'm looking to buy any weakness in Riot Blockchain on Thursdays open.
Currently eyeing March 18th $17 strike calls.
Would like to pick up as close to $1 as possible.
Will be targeting $20 in 2-3 days.
If this plays out by Monday, I expect the call to approach $3/ea.