Thoughts on selling cash secure puts for bitcoin ETF? Just wanted to know if anyone out there has done this and what they think at this point in time? I was thinking of doing CSP on$IBIT !
All th puts and covered call premiums I'm taking to buy lyte and ncld
Sunny Rai@sunnyrai ยท 2h
Yes do only on a very red day 5 to 8 % down or more get better premiums as long as your willing to own just in case you end up owning. I usually do on verybred day with delta .20 or less just to get the premiums higher if i want it. Then if you do you can do sell covered call on it.
Marley @molly707 ยท 2h
I do it all the time, if you wanna own some bitcoin do it. Best way to make money while getting your entry !
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