/biz/ - Business & Finance

>>25632559
I do think it's good your practicing now because you will be able to get really greedy selling them once BTC tops out. You'll sell something deep in the money for thousands and get to keep the full premium basically. I wouldn't swing for tax reasons, but messing around with forward volatility strats is probably what you're looking for. The basic idea is you sell a call and then buy 2 with the premium, so you break even anywhere under your sold call and your maximum loss only happens if your other 2 calls end out of the money but your sold call is in the money. It's a super good strat if you're really bullish on something you own. It's like pic related except you cut the parabola in half and everything under there is just break even no gain.