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Blackrock only owns Bitcoin on behalf of its ETF (IBIT) customers. They don't own them in the sense that you're implying.
all depends on your goal; set and forget? VT. Want a lil nuance? VT/IBIT/USFR....want to crank it up a notch? SSO/KMLM/IBIT. Want some yolo-fueled inspired AI-maxing-goon-ascending hocus-pocus? YOU. The S&ME500. You work on increasing your skills and savings rate, which will dramatically help you more than finding the "next big strategy". Until your account is massive, your savings rate is more important than your asset quality....but if you insist on lighting money on fire, TECL/BITX/TMF in October and sit in USFR until then.
Can't give full 100% wheel support but I do use a variation of wheel with some stocks that failed similarly. At this point about 6% year over year. The variations are as follows but I am quite aggressive with adjustments how I may adjust is going to vary from day to day. - my structure is PMCC with leap acting as a stock replacement and short acting as theta driver. The trade is still wheel - my leaps are actually very high delta. 90-95. For QQQ, my strike is 250. Used to be 205 last year. - my goal is like this - once I have signed up for a trade, the extrinsic is for me to keep and for me to defend. That's my money. And I will work to earn it. - so if QQQ is 625 and I write an option to earn 5-10 bucks, and QQQ crashes, I will not exit the trade until I bring the short ITM. This is very important. Once I am ATM or ItM, I can exit trade for scratch. - if QQQ crashed up, I have anyways earned my premium, and I can move on or adjust higher. - if QQQ remains ATM, I can keep rolling and make more - if QQQ crashes. There is still some money in the roll, I will use that money to roll 1 contract, 2 contracts, 3 contracts down. Number depends on how much I earn from rolls, how many contracts I have, and I spend only parts of the roll to lower strikes. Otherwise you will have a whipsaw and feel bad also you are losing theta in the leap so don't do that. - let's say I make 3000, that means I can move 1 contract by 30 bucks or 2 by 15 or 3 by 10. Or maybe I use 2000, or 1000. I never use the full roll unless the price has moved so much that I have no contracts yielding rolls so spending it all to get good theta makes sense - while rolling down I don't go below delta 20-80 tent for strikes 60 days out. Because let's say price went to 550 and delta range is 500-600, I don't need to go below 600 since I can make enough theta there. But if that range shifts below to let's say 575, I start going down whipsaw be damned. My position is primarily QQQ and IWM but I am stuck in NOW, CRM, NKE, NFLX and IBIT. I have lowered my strikes for everything over this time period by rolls money. Despite being stuck in these, I am up 6% based on the 2 ETFs and a few positive return stocks such as GOOG, AMZN, NVDA and maybe 3-4 more. I also hedge my positions and morph my positions from time to time but the goal is theta harvesting via rolls. I do get assigned but I quickly (next day, next week, 2 weeks) switch back to the PMCC structure since that's easier for me to track mentally.
IBIT calls for Monday https://preview.redd.it/a86fxcs7x6xg1.jpeg?width=484&format=pjpg&auto=webp&s=29d23a0521ea40050a05a997f56846526a1b9814
There’s a new one from like Goldman, I think. With a lower E/R. But all the volume will be in IBIT.
What's the go-to ETF stock for corn? IBIT?
Went full degen theta and sold a ton of IBIT 44C / $45.5C credit spreads expiring tomorrow. Don’t fuck me over by bidding this thing up cyptards
Im seriously thinking IBIT leaps if we survive earnings
Blue chip dividend paying stocks that are trading below their FMV. PEP, T, NVDA, MET, CTSH, GIS, MDT, MU, IBIT are just some of the my current positions. No risk, no hype. Solid companies with strikes below FMV.
BTC/IBIT raging bullish euphoria is taking off again
IBIT calls so cheap 69 days out 44C if buttcorn goes to 80k soon enough youll be ITM
VM visualize the options chain for IBIT for May 1
The fuck all y'all talking to a bot for. Tell me if my IBIT 42 calls with May 1st expiry will cook or not
5% in IBIT, 5% in ETHA, 5% in IAU (GDX if it's a taxable account), 5% in SIVR, 15% in VXUS and 65% in VTI. Tweak it from there. That'll cover your bases since you want to be a little speculative with your crypto.
Interesting IBIT 45C 5/15 has 101,000 open interest
IBIT closed red today. So Bitcoin was lower than its Friday high. It just dropped a lot over the weekend when markets closed and now it’s recovering from that steep drop to be more in line with the markets which are only slightly down.
Also MSTR over took IBIT that’s why it’s a yolo my friend.
2028 IBIT leaps because I want to be a cryptard
I wish you luck. I’m holding IBIT with a mutiyear horizon, so if you win, so do I.
For any recent buyers, IBIT is a pure play alternative.
Might go all in on IBIT but don’t think it’s worth raising my cortisol level
If I get laid off my plan is to full port long into IBIT
100% VOO sounds diversified, but it really isn't. It's got a pretty high beta. I'd mix in some VUX, SCHD, GLD, SLV and some IBIT for shits and giggles.
Why shouldn’t I full port into IBIT
Today IBIT was up 2.83% while MSTR was up 11.80%
Ew, I see a rock fist formation on spy and a head and shoulders forming on IBIT......sigh. It's been fun bois
Not just that, I'm a bear with AI; I only use TA for psychological expectations. My real strategy is owning three uncorrelated assets with rules. Only down -3.25% ytd in unrealized losses, mostly from aggressively averaging down into ibit during bitcoin winter. Going to stack USFR until VT or IBIT break down. target 33/33/33 right now it drifted to 20/40/40 due to recent bounce. I fully expect max pain sometime this year and maybe we're already over it
What’s the move on IBIT, I’m reloading my ACC and triple down on puts
Not only do you lose weight and get jacked by buying IBIT, you also can predict the future. It IS the matrix.
Uhm, okay. calls on IBIT it is then
IBIT needs to drop a dollar
SBIT, BTCZ, short IBIT
MSTR was successful because they existed before IBIT options existed. If you look at the day MSTR peaked, it was the day before IBIT opened options. Why would anyone want to hold a obvious ponzi company like MSTR or BMNR instead of just buying ETHA? Leverage? ETHA has options. Lev on commons? Multiple lev etfs. Hopefully they get called away and you can call it a day and hold something that isn't reliant on a useless beanie baby. Have you looked into the complications since the new update? Might as well do this with IBIT. Until the quantum hacks start.
I bought an IBIT call. There’s no way this holds.
I think so too. I bought 1dte IBIT puts, 38 and 37 strike respectively.
Morgan Stanley’s spot BTC ETF out tomorrow and will have a lower expense ratio than IBIT. What a time to be investing.
Puts or calls on IBIT? That mf looks primed to go either way.
A healthy amount of Bonds, The S&P500, Gold, and Bitcoin. Something like 50% TFLO 33% VOO 15% IAU 2% IBIT
Got an SPX put, IBIT call credit spreads
Now here’s another option for you. You can buy a long dated in the money call spread. Right now the Jan 2028 20/70 call spread on IBIT is around $17 ish. Given that IBIT is 37.70 ish, you actually would make money if absolutely nothing happened between now and expiration. That being said, you now would only need to put up 1700 per call spread instead of 3770 per 100 shares. More than 2x leverage. Downside is obviously that you are assuming the price to be over 70 at expiration for full profit. If it hits over 70 a few months prior, the call spread will be up massively but will not be up exactly 2.2x or whatever the shares because the 70 call will have extrinsic value still. So that’s the possible downside, but still essentially just running a PMCC can get you some nice leverage and remove the theta part of the equation.
Dude your breakdown of the LEAPS and implied volatility for IBIT is seriously impressive its like you've cracked the code on how to actually leverage without getting totally rekt tho do you think we need to factor in the specific strike price's delta more when calculating that 1.5x to 2x leverage potential?
ngl this is a very common path - spot gains feel “too slow” so people reach for leverage. your logic isn’t wrong, but the trap is IV + timing, you can be right on BTC direction and still lose on LEAPS if IV compresses or timing drifts, also MARA / MSTR style proxies add another layer of risk, you’re no longer just betting BTC, you’re betting company + dilution + sentiment. IBIT options are cleaner, but even there you’re basically paying a lot upfront for convexity that may not play out exactly when you expect. tbh if your capital is limited, stacking spot + maybe small sized options as a side bet works better than trying to “optimize” returns with leverage most people blow up not because they’re wrong, but because leverage punishes imperfect timing
IBIT long calls are pretty affordable if you like them ITM
we really forming a double bottom on IBIT? I thought it was going to stairstep down till october
My trading script bought IBIT puts this Friday, so I guess 🌽 moons next week
Cries in 50x IBIT 40p that expired Wednesday and tsla 380p bastards.
LMAO I don’t hate money *that* much. My gambling port is mostly IBIT puts and U calls right now. I’m having a lovely day tbh
i went 70% port on IBIT and AMZN puts this morning. gob bless.
Brother, I hold USFR VT and IBIT.
A smart combination! In retirement I just VOO…in taxable I’ve jumped all over the place but finally settled on VT USFR IBIT, with three rules to follow involving cash flows and rebalancing.
Bitcoin has bottomed. Source: my hopes and dreams Thinking IBIT leaps
My plan right now is to deploy 25% capital into Googl and Meta at ES 6400, 20% into AMZN and 5% into IBIT leaps at ES 6100, and all remaining capital into NVDA and BRK.B at ES 5800 Will we get there, who knows, but 5800 is close enough to 20% correction and Golden fib from tariff low for me to go all in and hold without regret
Lowkey I wonder what the market will look like tomorrow i think im down like 40% from all Time high but it should turn around soon my holdings is jus IBIT ETF
Up about 9%. Been riding around 2-3 negative NDX beta weighted portfolio since January with long put spreads and short call spreads on QQQ, SPY, TSLA, PLTR, IBIT, FIG, MSFT. Mostly long Vega and short theta right now but looking to pivot once I hit some price targets.
Continue to short BTC/IBIT https://preview.redd.it/jja7w43h52qg1.jpeg?width=1080&format=pjpg&auto=webp&s=4bc9f9e7e557de81ebdf2d85036491738f7aaafd
In one month IBIT is up 5%. It’ll probably be a great buying opportunity in October-December this year if the four year cycle holds up. I use Bitcoin instead of gold. I like both more than bonds tho, especially in this environment where rates are not high enough, the national debt to gdp, reckless spending, it all ends in money printing. Take the situation in Iran… They weren’t bartering with gold… They were bartering with bitcoin… It’s way easier to actually use if the system collapses and if you look at mem pool, you can see that there’s thousands of transactions every 10 minutes, but the real crazy part is not the amount of transactions, but how much capital is moving through the network every day and every year… It arrivals that of the big names for credit cards… Obviously credit card companies process way more transactions but by Sheer volume of capital flow bitcoin is going head-to-head
Gotta include IBIT LEAPS on the list once we go down another leg on bitcoin lol. Love how Carvana gets propped up to make it to the S&P 500 meanwhile Bitcoin and ETH are getting suppressed and manipulated to give banks enough time to scoop it up.
Somewhere, someone has an urge to buy IBIT leaps
Currently down 4.5% a lot of my portfolio is in IBIT and tech
Alright adding IBIT options to my Inverse WSB fund
My IBIT 39c Jun ‘27 are about to hit
dont dm this loser. you can sell options for BTC via IBIT and eth via ETHE. no need to do whatever this guy is going to try to scam you into doing.
Take a look at some proxies for bitcoin like IBIT and then run them through options strat to find which one will give you the best bang for your buck.
Put it into 4-5% short term high yielding account. Wait for a bottom by Sept. Go Leap Calls on SPY, IBIT, Strategy, and Tesla. Have 10M in 2 years.
YTD I'm up 18.89%, past year 78.38%. Only position I'm down on is IBIT, which is down about 10%, but it's a very small portion of my portfolio so it doesn't matter much to me.
Stayed fairly flat. Canadian banks and gold did a lot of the legwork at the beginning, and Canadian oil is currently holding the fort while almost everything else is falling. IBIT was the one big disaster for my portfolio
IBIT is the spot price etf, the purpose being so that the banks can claim it as collateral if I want a home, plus it's marginable unlike raw bitcoin lol. You laugh now, but it'll probably bottom October-December and then face melting gains through 2029
I messed up last April. This time. I'm going to be smart. I'm going to buy every single dip for the rest of the year as we sink into the abyss. I modified my own rule #2 so Instead of using up to 10% margin, I'm just going to force my two chosen assets at a certain dollar amount, hold the line, by deploying USFR. If IBIT and VT sink 50% each, then I will be max deployed. Right now, a huge chunk dunked into IBIT, but this is exciting!
Well, it's certainly functioned as a wonderful store of value against the dollar since its inception. And there are more merchants accepting it for payment every year. It also was the base for the most successful ETF in history, IBIT. Looks something like success to me. One reason it is such a good store of value is because it has a limited supply. No other global asset has that.
I bought IBIT calls when Bitcoin hit $64k. Not everyone can be as smart as me 💁
MSFT what the FUCK ARE YOU DOING?? why did I buy HOOD when I could have just bought BTC or IBIT, it goes down when BTC goes down and doesnt go back up when BTC is up???
So for the bitcoin / IBIT traders... seems to me that there's a concerted effort by the money makers to make the big moves overnight or on the weekend. Was targeting a pull back here before a rally, and setup some put options expiring early next week. However, there's a good chance the triangle pattern that formed this week doesn't trigger until after close tomorrow. And then, I imagine, the target move... namely the bottom... hits over the weekend. My expectation was for a short term pull back into a multi week rally. If this happens like this, it pretty much means any put options expiring tomorrow or early next week will lose money.
I’m short IBIT. bitcoin so stupid. does not produce cash flow. A stock can represent a business, a bond pays interest, real estate can generate rent. Bitcoin mostly depends on someone else valuing it more later.
!BanBet IBIT 29 7m
!BanBet IBIT 29 7 months
!BanBet IBIT 29 October 11th
!BanBet IBIT 115 July 13th 2029
I had a LEAPS call for IBIT when BTC hit 65k or so. I sold it for profit. I'll do it again on the next big drop.
HGRAF, USO, IBIT, IBM, RGTI has cooled down significantly. Honestly looking for extra funds to put into solar/hydro/alt-energy/renewables right now, given the situation of the world
Im down like 25 percent on my IBIT and RDDT leaps that expire next year do I hold this shit??
Thank you for your service, I will short IBIT then.
What needs explaining? It went from ATH to down 50% in 12 weeks. Long IBIT deep ITM leaps, sell covered calls. Volatility prices premiums high. Cult followers keep believing it will moon so call buyers are seemingly infinite, sellers market
What’s the pattern on IBIT you’ve been playing? Seems to me like crytobro tears have been flowing strong since about then.
I’ve been doing this on IBIT since December Free money
Everything is fucked, bought some lottery $36 IBIT Puts a few days ago when it was pumping. That might save my portfolio
My only position is IBIT puts rest is cash. Just scalping spy with it. Can’t stay in too long this kangaroo shit is wild