GameStop may have surrendered $31M of BTC upside
Covered calls tied to roughly 2,000 BTC carry a $70,000 strike while Bitcoin trades in the mid-$80,000s, and a Friday expiration decides whether the income trade stays in place.
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Covered calls tied to roughly 2,000 BTC carry a $70,000 strike while Bitcoin trades in the mid-$80,000s, and a Friday expiration decides whether the income trade stays in place.