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Yea, the IBIT was definitely a gamble, but the situation just looked like the shorts were going to get squeezed. I probably won't buy calls too often, but when the entire market is screaming squeeze, I had to put my money in.
If you sell covered calls, just don't do it below your strike. That's the whole basis of the wheel, I'm just collecting premiums off of fear and volatility.
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Wow! That IBIT was a home run
Haha yeah my fold puts are going to be assign to me next Friday. But I might start selling some calls just to try it out
Aaaand the chain is absolutely dead haha