Create Cashflow Using Covered Calls & Cash Secured Puts - Bitcoin ETF (BITO) - 1.21% ROI in 1 Week
6 months ago
38
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We have been selling cash secured puts on this ticker, BITO, following the price down and getting assigned all the way down. We have dollar cost averaged our overall cost basis allowing us to roll down our covered call positions a few times now. We are still selling cash secured puts to play both sides to collect more premium and continue lowering our cost basis. How low will it go, let's continue playing this continuous wheel strategy and fine out!
Stock/Ticker Involved:
ProShares Bitcoin Strategy ETF (BITO)
NOT INVESTMENT ADVICE - EDUCATION AND ENTERTAINMENT PURPOSES ONLY!!!
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