Consistent income with long term option trades.

Followup on our COIN March 18, 2022 $250 Calls

We picked up the COIN220318C250 on 12/17/21 for $28.33

6 days later they traded today as high as $41.80 for a potential 48% profit.

These Coinbase options have 85 days until expiration.  As you can see in the option chart, there is still a decent size gap to fill where it traded as high as $120 a little over a month ago.  Due to us still having some time, I’m targeting somewhere in the $50-$60 range before selling.  Giving us a potential 76-112% return.