Had huge profits last week, I made 5% on a short strangle and a 1.6% ROI on an ETH covered call!
Let's take a closer look 👇
I opened the short strangle using our soon-to-launch margin mode on Synquote, sold an $1800 call and a $1450 put, with the idea that ETH would stay inside this range (which it did)
Our normal covered calls and cash-secured puts are also on a roll, with no losses since November 💰
My current positions for Feb 17th are another short strangle with range of $1350-$1650 and a $1350 short put
Weeks with 5% gains are VERY uncommon and shouldn't be your goal, I usually try to make 1-3% per week, always trying to go for most OTM strikes and safe deltas.
I couldn't have such a high winrate without the help of @SleepMoneyMaker which has been providing very useful data!
You can learn how to do this yourself by joining my course, and if you use the link below you get 20% off!
udemy.com/course/crypto-options-101-how-to-make-passive-income/?couponCode=TWITTER20