Put Options on RIOT on 1/19/2018

Riot Blockchain, Inc. (RIOT) builds and supports various blockchain technologies.

The company invests primarily in Bitcoin and Ethereum blockchains. It also granted a license relating to single chain reproductive hormone technology for use in no-human mammals.

The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017.

This stock has been caught in the bitcoin bubble and shares should come back to ground.

52-Weeks Trading Range: $3.400 - $46.200

Last Trade: $20.15

 We will be trading Feb 16th Put Options

Trade Buy 1 February $20.00 Put at $3.75 For a net debit of $3.75 Profit/Loss Analysis Breakeven at $16.25 Maximum profit is unbounded Maximum loss is ($375.00) at strike of $20.00 Closing Summary Sold 1 February $20.00 Put at $7.00

Position closed on 1/30/2018 at price of $7.00 with a 86.67% gain in 10 days.

Updates

1/30/2018 9:36:32 AM

We are taking profits on RIOT Feb $20 Put options. Closed at $7.00

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