Cluseau Investments
@blondesnmoney
Not Financial Advice
Insert extremely corny quote here
Joined September 2022
1.5K Following 73.1K Followers
Sold the puts earlier this year for 86 cents, and closed the position out today by repurchasing them for 17 cents.
I don't know what the fair value of $IREN is, but I have been selling December 10 Strike Puts on it. The use of an ATM program in the 40s is highly accretive to Tangible Book Value and I don't expect the stock to be trading below book value at the end of the year.
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