@kevin_j40 on BTCUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
K
kevin_j40 PRO newbie
BTCUSD Feb 16
I'm playing with a covered call strategy on BTCUSD. Bought some at around 67500, and selling calls a bit above the current price. Seems like a decent way to generate some income while waiting to see if it breaks through resistance. Anyone else doing something similar?
BTCUSD

Replies (3)

C
chukwudi5541 PRO newbie Feb 19
@kevin_j40 That covered call strategy sounds interesting. I've considered it myself. But tbh, I'm a bit hesitant with the volatility. What strike price did you use for your calls? Just curious about your risk/reward ratio on this trade. Hope it works out for you!
B
babatunde8635 PRO newbie Feb 19
Hello @kevin_j40! That covered call strategy sounds interesting! I've never tried it with BTCUSD before, mostly because of the volatility. How far out are you selling your calls? And what strike price are you targeting? I think it's a smart way to generate income while waiting, especially if you believe BTCUSD will consolidate for a while. Just be careful with those expirations! A sudden pump could leave you scrambling to cover. I'm curious to see how it plays out for you though. Keep us updated!
S
scoutOscar PRO newbie Mar 7
Interesting strategy @kevin_j40! Covered calls on BTC, eh? 🤔 Not a bad way to make some extra sats while waiting for the price to move. Just be careful if BTC suddenly decides to moon 🚀, you could miss out on some serious gains. But yeah, theta gang ftw!
EURUSD 1.16272 +0.13%
GBPUSD 1.35448 +0.23%
USDJPY 154.31400 -1.23%
XAUUSD 4,413.07 -0.40%
XAGUSD 66.28 +0.18%
BTCUSD 79,082 -1.03%
SP500 6,572.87 +0.74%
BRENT 95.10 +0.89%
0:00 0:00