iShares Bitcoin Trust
Long
Updated

Opening (IRA): IBIT January 16th -50P

164
... for a 2.24 credit.

Comments: Laddering out at intervals, assuming I can get in at strikes/break evens better than what I currently have on. Here, targeting the 25 delta strike.

Metrics:

Max Profit: 2.24 ($224)
Buying Power Effect: 47.76
ROC at Max: 4.69%

Will generally look to start taking profit at 50% max.
Trade active
Closing here for an .82 debit/greater than 50% max. 1.42 ($142) profit, 2.97% ROC for three days' "work." Still have the Dec 19th -56P's on.

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