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Feb 27 Options Trade

solving-chaos

Published: 27 Feb 2024 › Updated: 27 Feb 2024Feb 27 Options Trade

Feb 27 Options Trade

Here is my trade for today posted at 2 pm (EST).

My trades:

  • Purchased 100 shares of ETHE (a play on the long ETHER move). If you believe an ETHER ETF will continue to push both BTC and ETH up, then this is a direct way to play the viewpoint.
  • Rolled a Cash Secured Put to $16 (adding risk to the trade). This helps balance my covered call options trades that I have at $17 and $19. Adding a CSP adds more complexity to the trade, but in reality, you can only lose on either the call or the put AND not on BOTH sides at the same time. So I like to get the expiration date to be the same to play that view.
  • Rolled a Covered call (BMY) down from $52 to $51 to collect the $17 of premium. Only 4 days left in this trade.

Here are my (passive) dividends for this week:

Here what I did in Web3 NFT gaming last week:


Last week I tested the 7-day rentals. I created a price for the shorter rental and gave a better discount on the 30-day rental. I looking forward to putting this back on the market and collecting so more rental income from a Digital Asset that I own in-game.

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Investor. Trader. Jesus. Dad. Gamer. Playing: Splinterlands. World Of Warships. WarRobot.

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