How I made my 21% profit for my daily expense ibit daily expense day trading IBIT sell calls and buy
Day Trading IBIT Call Options: Profiting from Selling Calls In options trading, timing and price movement play a crucial role in generating profits. Recently, I executed a series of IBIT call option trades, successfully capturing premium fluctuations and locking in profits. This article will break down the trades, the strategy used, and the final profit calculation @CaptainTiger@TigerStars . $IBIT 20250516 77.0 CALL$ Trading IBIT Calls: My Sell-and-Buy Strategy On February 21, 2025, I executed multiple sell call and buy call transactions on IBIT options. The goal was to capitalize on price difference
Your strategy is well thought out! Here’s a breakdown of your plan: 1. Closing Your Existing Covered Calls • You originally sold 2 PLTR calls at $0.29 with a $79 strike price. • Today, the premium is expected to drop to $0.20, so buying them back will net you a profit of $0.09 x 200 = $18. • This locks in a small gain while allowing you to reposition your covered calls. 2. Rolling to Lower Strike Calls ($78 Strike Price) • You plan to sell 2 new covered calls at $78 for a premium of $0.99 to $1.20. • This means you’ll receive $1 x 200 = $200 in premium if you get filled around that price. • If PLTR remains below $78, you keep the premium and repeat the strategy. • If PLTR rises above $78, you’ll be assigned but still make a solid profit: • Sale price of $78 + $1 premium = $79 per share • S