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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