Added to YB: 2024-11-20
Pitch date: 2024-11-20
IBIT [bullish]
iShares Bitcoin Trust ETF
Author Info
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Company Info
iShares Bitcoin Trust ETF is an exchange traded fund launched and managed by iShares Delaware Trust Sponsor LLC.
Market Cap
N/A
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
Sector
Capital Markets
Category
growth
I Added A New Position This Afternoon - iShares Bitcoin Trust
IBIT: Long Jan 2027 $30 calls, selling monthly OTM calls for income. Leverage play on Bitcoin's potential rise. 275 calls (~27,500 shares) for $35, initial cost basis reduced to $34.30 via Dec $70 calls. Worst case: IBIT under $30 by 2027. Targeting $0.70/month premium to lower basis to $46.
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