Established 1 Covered Call Ethereum - 2.54% potential income return in 33 days (28.09% annualized)
coveredcalls.reinisfischer.com
On August 18, 2023, I established 1 call option on Ethereum crypto coin, a position originally opened at the end of July 2023 as a put option. I established this position after our previous put option at $1,825 expired in the money. Usually, I prefer rolling forward for a credit, suffering position, but this time I was not able to find decent strike prices or premiums and decided to go the covered call way - by buying 1 ETH using perpetual futures at 1,688.36 and simultaneously selling 1 Call option with next week's expiry and a strike price of $1,825
Established 1 Covered Call Ethereum - 2.54% potential income return in 33 days (28.09% annualized)
Established 1 Covered Call Ethereum - 2.54…
Established 1 Covered Call Ethereum - 2.54% potential income return in 33 days (28.09% annualized)
On August 18, 2023, I established 1 call option on Ethereum crypto coin, a position originally opened at the end of July 2023 as a put option. I established this position after our previous put option at $1,825 expired in the money. Usually, I prefer rolling forward for a credit, suffering position, but this time I was not able to find decent strike prices or premiums and decided to go the covered call way - by buying 1 ETH using perpetual futures at 1,688.36 and simultaneously selling 1 Call option with next week's expiry and a strike price of $1,825