Momentum Trades

MomentumOptions.com New Trade (BITO) for 9/22/2022

MomentumOptions.com New Trade (BITO) for 9/22/2022

1:40pm (EST)

I have New Trade this afternoon so let’s go check the action.

New Trade!

ProShares Bitcoin Strategy ETF (BITO, $11.65, down $0.02)

Buy to Open BITO October 10.50 puts (BITO221021P00010500, $0.51, up $0.04)

Action: I like these put options at current levels and you can use a Limit Order up to 65 cents to get the best fills. These are the regular BITO October 10.50 puts that expire on October 21st, 2022.

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