Rolling Options on IBIT for Premium and Risk Management

2 months ago

Henry

"In today's video, I have a pretty big position on IBIT, which is the Bitcoin ETF, and I'm going to show you how I roll both of my options. I have protected my position partially with these strategies and have made $34,000 by selling options so far. Now, by rolling the covered call to a January expiration and even considering a roll to March for a wider time window, I can lock in net credits and further reduce my risk despite the ETF's downward move."

The speaker details his active management of a large IBIT position through rolling options. By adjusting the expirations and strike prices (for example, rolling to a January and potentially a March expiration), he collects substantial premium while managing his downside risk, signaling a disciplined options strategy on the Bitcoin ETF.

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