The Best, Lowest Cost and Most Awesome Crypto play out there

BY ANDREW GIOVINAZZI

February 19, 2024

Yo Pit Crazies,

Are you in the Trading Zone?

Do you know how to get a bargain for big cap stock but will still kill it on the upside?

Check out the Trade Zone.

Place trades when you want to, not when you have to.

Below is the chart of one of the stocks I think can benefit from the growth of Crypto and the options on the Crypto ETF’s coming out soon.

For the first time in ever this company is making money on their basic product.

No they do not sell Bitcoin but they help folks get into Bitcoin. They are the most famous or infamous brokerage in the USA today.

My Crypto Mystery Chart

They also sit on a mountain of cash and a mountain of Millennial customers. Did I say they make money?

There is something even better.

A bargain and I love bargains.

If you like Mark, Licia and Me, check us out on Friday morning live here.

Robinhood Markets Inc (Ticker: HOOD) is my sleeper Bitcoin bargain

Mark, Licia and I were talking about it Friday morning on the Tradier Hub. This is open to anyone with access to Youtube and the link is above. Licia likes the chart and I like the option prices. Implied volatility is still in the 50s when IV is over 80% in Coinbase Inc (TIcker: COIN).

COIN is a $170 stock and HOOD is $14

There are few setups better than very low option prices and exploding stock prices. I am long Jun calls, go me, and added Apr calls Friday.

Note the lower 30 and 60 day IVs on the bottom chart with exploding stock price above

HOOD will likely get the Tuesday call for the Easy Trade Button since the long strangle is the bread and butter trade there. The only reason I did not add this Friday was going into a 3 day weekend.

That in a nutshell is the Trade Zone. Pick the right trade for the Mega Cap madness that is gripping the market. Ride a Mega Trend but do it on a tighter dollar. You will thank me for it later.

To Your Trading Success,

-AG