@NicoleYoung on ETHUSD | PriceONN Community

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NicoleYoung PRO newbie
ETHUSD Mar 6
Okay, I'm going to try a covered call on ETH! I'm selling a call option with a strike price of $2150 expiring next week. My cost basis is around $2070. Hoping to generate some income while I hold! Wish me luck, everyone!
ETHUSD

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NicoleYoung PRO newbie Mar 6
Update: So far, so good! ETH is staying pretty stable. The premium I collected was decent, should give my portfolio a little boost. I'm keeping an eye on the price action though. If it starts to rally hard towards my strike price, I might consider buying back the call to avoid assignment. Still learning the ropes with these covered calls, but it seems like a good way to make my ETH work for me while I HODL. Fingers crossed!
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