iShares Bitcoin Trust
Long
Updated

Opening (IRA): IBIT March 20th -43P

219
... for a 1.30 credit.

Comments: Adding at intervals at strikes/break evens better than what I currently have on.

Metrics:

Max Profit: 1.30 ($130)
Buying Power Effect: 41.70
ROC at Max: 3.12%

Will generally look to take profit starting at 50% max or take assignment of shares and sell call against in the event the short put finishes in-the-money.

Note
Rolling from the March 20th -43P to the April 17th -42P for an .88 credit. 2.18 credits collected.

The remainder of the rungs (March 20th -46P, -48P, -52P), are all in-the-money, and so will be taking assignment of those, after which I'll proceed to ladder out short calls against.
Trade closed manually
Closed today for a 1.57 debit, a small winner (.61/$61).

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