Covered Calls with Reinis Fischer

Share this post

Sold 8 covered call options on Solana crypto coin - potential income - 1.3% in 1 Day

coveredcalls.reinisfischer.com

Sold 8 covered call options on Solana crypto coin - potential income - 1.3% in 1 Day

Reinis Fischer
Nov 1, 2022
Share this post

Sold 8 covered call options on Solana crypto coin - potential income - 1.3% in 1 Day

coveredcalls.reinisfischer.com

On November 1st, 2022, I bought 8 Solana coins on Coinbase and simultaneously sold 8 call options on them at the Deribit trading platform, with an expiry set for tomorrow, November 2, 2022. For this trade, I got a premium of 0.013 per coin or 8*0.013 = 0.104 / SOL / $3.41 at the time of writing

Selling crypto options is pretty much the same as selling st…

Keep reading with a 7-day free trial

Subscribe to Covered Calls with Reinis Fischer to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 Reinis Fischer
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing