All you need to do to make money is selling options on IBIT
$IBIT
AI SUMMARY โ The post suggests a strategy of selling options on IBIT (iShares Bitcoin Mini Trust ETF) as a method to generate income. Key risks include volatility in Bitcoin's price affecting the underlying ETF, potential assignment obligations on short options, and market conditions that could limit premium collection.
| TICKER | IBIT |
USER | u/Right-Apartment-3393 |
| RATING |
BULLISH |
ENTRY |
$46.13
|
| POSITION |
216 sh
SYN
|
BOOK VAL |
$9996.75 |
| CURRENT |
$46.15 |
P&L % |
+0.03%
|
| CURR VAL |
$10000.00 |
P&L $ |
+3.25
|