Bullish play on bitcoin etf.

On dec 4/24, sell put csp on ibit etf, 106 dte mar 21/25, premium 260, delta -0.208, iv 63.1% and Annualised Return 19.9%. You can see the iv is 63%, which means the implie volatility of bitcoin is on the high side. Anything over 50% is consider high, so please be aware of iv % especially when you are deciding on your csp strike on certain stocks. High iv, high volatility, high premium, high risk and high return 😃. I do own some bitcoin (ibit) etf now, if it does pullback to 45 upon expiry, I don't mind buying more. As always, 45 x 100 shares = 4500 usd, so be sure to have the collateral amount in your trading account.

😊 option trading