Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
vroom
on 29/11/2024, 19:48:57 UTC
I decided to start purchasing IBIT calls.
Will ease into a position, but too cautious to buy out-of-the money.
Bought $50 calls for may 2025...will report on the progress..did it just for fun (and a potential 10X leverage  Grin)
Would have bought Nov-Dec instead, but they are not available yet.
Jan 2026 calls are super expensive.

can you please tell me more about call options? Right now IBIT trades for $55,21 if I'm right. Does the IBIT price increases with the bitcoin price? Does that mean you can buy a IBIT share for $50 even if the IBIT price reaches let's say $100? And how do you leverage that? so many questions Smiley