Marathon Digital Holdings Inc (MARA) Options

I have 800 shares of MARA. I am selling covered call options every few weeks and have been making a nice cash flow for over a year. I would like to buy more shares of MARA because they have the largest HODL of bitcoin at more than 16,000. At the current price their BTC holdings are worth about $4.50 of the share price. That can only increase in value in the coming months. Because of the Halving some smaller Bitcoin Miners may be forced out of business. So MARA is well positioned to pickup some distressed properties, data centers and machines, at bargain prices. Good Luck to all share holders.

Yes. Back to $30 we go now

Are you using this message board to have a conversation with yourself? Bitcoin is very volatile and it seems to be affecting your mind. Your posts make no sense.

Yup that’s exactly what happened today lol

This is like herding sheep, they can make retail buy or sell this at literally any price lol

Yeah Where

New scam Bitcoin leads the market down, then pumps due to fake safe haven from the market, then leads the market back up

No one wanted this for $14 when Bitcoin was rising, but now that it’s time for Bitcoin to crash let’s all fight over $18 shares lololol

Wake up to BTC $50k tomorrow?

Bitcoin network is all screwed it’s gonna collapse soon watch

So juicy. Prob will overshoot to the downside as well

Get out today

Boom just collapsed

Barely worth $15 with BTC $60k+. Short!

Looking good now Moonboy.

Well....You have to love it when it dips and then runs.

It sounds sexy when you say that.

One thing for sure is this is a fun stock to trade.

About to fill the gap 15.15 then I don’t know

Every day some You Tuber says to buy this it's going back up. Every day it just tanks further and further.

Every day some You Tuber says to buy this it's going back up. Every day it just tanks further and further.

I think you are right. They will probably drag it down under $10 by Friday. These algos and shorts have complete control now and are frigging ruthless. If Thiel is continuing to dilute then this is hopeless for a long time.

Lol

Gave back 4k

Gave back 4k

Bounced on bottom bolli just now. But could just ride it down every day next week still

Between the shorts and/or dilution, they frigging crushing this POS!

Pew pew

Lol

Should see sub $15 this week

Massive volume on that spike

Just thinking out loud here. "If" it is the ETF's and certain funds that are continually shorting the piss out of MARA, and/or other miners, why? Could it be that they want to ultimately buy these miners for dirt cheap to guarantee a steady stream of Bitcoin going forward? Or, could they want to damage the stock and reduce the options the miners have to raise capital, thus forcing the miners to sell more of their Bitcoin to sustain operations?

Yea got some calls for end of month this morning… should print nicely let’s go!

Only reason to own this is to do covered calls. Prem is good for that

MARA looking like mud with Bitcoin up $3k

did MARA got a gold mine or a mud mine from APLD?

Just watch and you’ll see soon…

Where?

I see 80 but 87 is fine. MARA will be the best play forward, dilution is done

Bitcoin poised for next leg up to 87K now imo!

IMO, not until the company announced they are done diluting the piss out of us. This stock is heavily shorted and diluted. I think eventually they will see stock appreciation but until the company gives us more clarity on the dilution, I wouldn't touch it. That being said, I have accumulated 6,000 shares over the last 2 years with an average cost of $10 and have not sold a share.

Is this worth owning? Seems like the opposite end of the magnet. BTC up and this goes down

https://www.globenewswire.com/news-release/2024/03/05/2840987/0/en/Marathon-Digital-Holdings-Announces-Bitcoin-Production-and-Mining-Operation-Updates-for-February-2024.html

The flippening happened. Very impressive to witness. $CLSK $MARA pic.twitter.com/oYzGoJ42C0— LUQ (@lukxq) March 25, 2024

I’m only playing BTC products, thanks

Just bought ETHE at 24.61, yesterdays LOD at 23.82 should hold imo

yes, the even number thing may work, we'll probably find out tomorrow.........or not

60K should hold, cuz if it trades below 59,700 then it's bad news and down to 50-52K imo

57,600 next major support?

WULF reports earnings after the close, could be a nice price spike AH