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Bitcoin Cashflow 2.8% ROI - Using Covered Call & Cash Secured Put - Continuous Wheel Strategy
7 months ago
40
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In this video we show you how you can create cashflow utilizing a Bitcoin ETF. We sold a covered call and a cash secured put and obtained a 2.8% ROI on the cash collateral involved. We got assigned again on our cash secured put, but now we just turn around and sell another covered call, this time we can do 2 contracts, and place another sell order for a cash secured put at the now even lower stock etf price, collecting premium playing both sides now.
Stock/Ticker Involved:
ProShares Bitcoin Strategy ETF (BITO)
NOT INVESTMENT ADVICE - EDUCATION AND ENTERTAINMENT PURPOSES ONLY!!!
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