$iShares Bitcoin Trust(IBIT)$

Shorting ibit at spot. Hedging the rest of my crypto positions for a bit. Same time also a sell put at a lower price.

Protecting profits and if btc goes up, the rest of my positions should cover the losses that this covered put will make.

Basically sell puts at 47 to get premium. Shorting the stock at 48.60. If it goes down and I get assigned at 47, I keep premium and the same time gain $1.60 on the short position.

IBIT

10-02 22:38

USiShares Bitcoin Trust

Side	Price \| Filled	Realized P&L
Sell Open	48.60 500	+1.58% Holding

iShares Bitcoin Trust

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