
$IBIT Covered Call Setup (June 30 exp) 🍯 Closed yesterday at $37.74 (+4.7%). 🍯 Sweet spot*: $38 Call (~$0.90–$0.94 credit). 🍯 Breakeven: ~$38.98 🍯 ~68% chance of keeping premium + shares 🍯 Gives ~3% upside room inside the expected move 💸 Solid income (~2.5% in 14 days) while staying bullish on bitcoin:native /$IBIT. If assigned, effective sale ~$38.94. What’s your strike for this cycle? *Sweet spot based on price range the options market has priced in for a specific expiration date, subject to change if bitcoin:native rips before opening bell. #IBIT #Bitcoin #CoveredCall #OptionsTrading
