COIN calls – My Bullseye Pick of the Week - Bullseye Pick of the Week

COIN options 10/07/24 near $ 5 –  10 days later $41.15 = 720%

My Trade Plan Details:

  • COIN Oct 18 $180 calls near $5.00
  • Stop: Closes COIN below $165
  • Target 1: $180
  • Target 2: $190

My Reasoning:

This week, I am going after one of my favorite ways to play crypto.

My plan is to get started near the open today and buy both stock and options, hopefully near my target entry price, which I list below.

If this trade doesn’t work out, I will use a stop with a closing price below $165.

If things go my way, I think we could see COIN could rally to $180, and possibly even retest the recent higher near $190 in the next few days.

 

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