Established New Covered Call on Ethereum with Futures, Potential income return 4.9% in 15 days
coveredcalls.reinisfischer.com
On June 15, 2023, I established a kind of a covered call on Ethereum, using a futures contract on the Deribit trading platform. Buying 1 ETH perpetual futures contract at $1,653 and simultaneously selling one call option with a June 30 expiry and a strike price of $1,700. For this trade setup, I was rewarded with 0.021 ETH / $34.71, and in the case, a strike price of 1700 will be touched on the expiry I’m looking to book a potential profit of $81 in just 15 days.
Established New Covered Call on Ethereum with Futures, Potential income return 4.9% in 15 days
Established New Covered Call on Ethereum with…
Established New Covered Call on Ethereum with Futures, Potential income return 4.9% in 15 days
On June 15, 2023, I established a kind of a covered call on Ethereum, using a futures contract on the Deribit trading platform. Buying 1 ETH perpetual futures contract at $1,653 and simultaneously selling one call option with a June 30 expiry and a strike price of $1,700. For this trade setup, I was rewarded with 0.021 ETH / $34.71, and in the case, a strike price of 1700 will be touched on the expiry I’m looking to book a potential profit of $81 in just 15 days.