March’s Update

6 Positions = 6 assignments = 600 shares of fold = 300 shares to the stackers6 Positions = 6 assignments = 600 shares of fold = 300 shares to the stackers

(from this Put strategy)

Another month and fold fails to get bid above the cash covered put! But things are looking bright if the market is going risk on over the summer.

Here is the cash covered Put I sold that paid me $164.96Here is the cash covered Put I sold that paid me $164.96

Here is the assignment that cost me $300Here is the assignment that cost me $300

This equals a loss of $135.04This equals a loss of $135.04

6th time I have over paid for Fold Stock! But It appears they are finally getting going on their growth plans. It sucked they sold 700BTC in march during this bear market but it is much better than taking on debt.

Check out the update to the Stacker Stocks Portfolio.

May’s Cash Covered Put Position!May’s Cash Covered Put Position!

I try to get at least $100 in credits when this strategy. But since this strategy has yet to bring profit let’s take it down a notch.

I might be going conservative at the wrong time as Fold could pump doing this liquidity cycle but let’s not be greedy. Besides I am in this for the shares!

Things might be turning around for Fold’s stock price. They had a really nice week:

So things might get better where I can earn fiat off the Fold pumps. Only time will tell. See you next month!