Generate Weekly Cashflow - Currently Using Bitcoin ETF BITO - Covered Calls & Cash Secured Puts
13 days ago
11
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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. This past week however price went back up and we did not get assigned but got to pocket money instead. 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.
Stock/Ticker Involved:
ProShares Bitcoin Strategy ETF (BITO)
NOT INVESTMENT ADVICE - EDUCATION AND ENTERTAINMENT PURPOSES ONLY!!!
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