@kevin_j40 on BTCUSD | PriceONN Community

@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!

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!

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!