Weekly Wiretap Pick Of The Week MARA

MAX Trade Potential: 70%

My Trade Plan Details:

• MARA Feb 14th $18 puts around $1.20 to $1.30

• Stop: MARA closes above $21

• Target 1: $16
  
• Target 2: $14s
  

My Reasoning:

Most of the time I am looking for a trade idea that can head higher but this week feels like a play to the downside makes a lot of sense. Even though I like markets to rally and I like Bitcoin to eventually crack $110k and head higher, I think we will see some pressure early and hopefully this goes well for my MARA put trade idea.