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Hola
Just wanted to share with you the strategy I'm using to trade IBIT Bitcoin options.
It is called Covered Call. Basically you buy 100 shares of IBIT (cover) and Sell a Call earning the premium.
Example:
IBIT price.- 50$ Strike price.- 65$ Expiration day.- Three weeks later.
If the option prices goes beyond 65$, you will have to sell your 100 shares at 65$ earning 5% plus the premium. If not you earn the premium, and repeat the strategy once more.
Obviously if the price goes down during this time, the price of your call will go down so you can buy it at a cheaper price than what you sell it earning the difference.
Let me know if you have any questions.
Have a great Sunday. Javier.-