I’ve “printed” about $50k of IBIT over the last month tax free. If bitcoin keeps going up in Q4 I’ll have to take it easy for a while. If it comes back down I’ll be able to “print” more. It will be interesting to see how the next two months go.
Discussion
You selling covered call?
Yes, I just keep rolling them up and out to extract as much premium as I can.
Nice, I’ve done some call buying and selling and had decent success this past year. I also recently started selling puts as well to collect some nice premiums with the idea of getting assigned at costs I’d be happy with.
I haven’t had much luck with buying calls, hard to get the timing right. I prefer to play the house. Seems like someone will always pay you for a lottery ticket that is unlikely to hit.