BITO
ProShares Bitcoin Strategy ETF
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Bitcoin ETFs options, literally free money
Difference between BITO & IBIT?
Maybe Cathie Woods is more genius than we thought
My 5 biggest crypto stocks for 2024
$BITO is a great place holder for the 401k or IRA before all the spot ETF's are approved.
The election of the most radical S.O.T.H in modern history is the $100k Bitcoin catalyst.
Where may I buy Bitcoin/Ether LEAPS options in the United States?
What is everyone's thoughts on BITO? Good play for some sweet dividends or run from it?
Bitcoin Spot ETF’s – The Digital Gold Rush
BITO: Yesterday's Breakout confirmed. Bitcoin is back.
Bearish Decoupling: What we missed about the Bank Failures
Bearish Decoupling: What we missed about the Bank Failures
Picked up $75k worth of Jan 2025 BITO Leaps as bet on $BTC in the old Roth
2023-01-25 Wrinkle-brain Plays (Mathematically derived options plays)
Decentralized Money is Unlikely to Survive the Winter.
Curious if anyone is invested in ETFs that short crypto?
6K TO 600K IN 2+ YEARS! YOU LIKE 10,000%+ GAIN PORN?
6k to 565k in 2+ years...that's 9000%+ for those not good at maph
Have an ITM BITO 9/16 $32 Put - What can I do to offset losses?
So Who Is $RECAF (Recon Africa's) Arch Enemy, Short Fund Viceroy Research? Are They Behind Planted Fake Stories?
$8.74k profit in 3 days. Sold 220 $12 strike BITO puts for $0.41 per contract on Wednesday. Close them today for $0.01 per contract. Fortune favours the brave 🚀 🚀 🚀
$8.74k profit in 3 days. Sold 220 $12 strike BITO puts for $0.41 per contract ON Wednesday. Close them today for $0.01 per contract. Fortune favours the brave 🚀 🚀 🚀
With bitcoin coming to 401(k)'s, does that make BTC-related stocks the most obvious investment right now?
From 6k to 400k in 3 years update - is 6,680% gains good?
6k account update - is 6,680% gainz in 2 years good?
Digital money gain BITO options ~100k gain porn
$BITO puts are being dumped on the bid and calls are being bought at the ask! BTC to +300k! Hedge Funds who shorted $BITO thinking this was the tulip market of 1630s are trapped!! TD has this HTB which means retail has no access to short because they're saving all the shortable shares for themselves
$BITO will rocket to new hight because greedy shorts over stayed their welcome
$BITO puts are being dumped on the bid and calls are being bought at the ask! BTC to +300k! Hedge Funds who shorted $BITO thinking this was the tulip market of 1630s are trapped!! TD has this HTB which means retail has no access to short because they're saving all the shortable shares for themselves
Bought 310 calls options on $BITO! GOING to make a few million when bitcoin set a new all time hight over +$100,000. 31 March 22 $65 calls is what I bought for .04 a contract. #asymmetricrisk #crypto
Bought 310 calls options on $BITO! GOING to make a few million when btc set a new all time hight over +$100,000. 31 March 22 $65 calls is what I bought for .04 a contract. #asymmetricrisk
QQQ puts + ARKK puts - TSLA calls - BITO calls =
Cheeky $BITO puts 1 DTE bought Thursday night. The future is now!
Friendly discussion: BITO vs BTCC which has better long term growth opportunities?
Do the bonds in BITO (And similar ETFs) offset the time decay of etfs that follow futures?
If you're even the slightest bit bullish on crypto throughout the next year, there's no better way to play it than BITO
Digital/Crypto Investment Options Through Fidelity (Roth IRA)
BITO $3 rebound and record options volume for Bitcoin Futures ETF
Aped entire IRA into $BITO calls - $67K experiment 🚀
Earnings Moves, Apple, Amazon, Facebook, AMD, Robinhood, and EM for BITO
Commodity ETFs with Roll Strategy. Is any investment value lost as underlying prompt futures-contracts rollover into the new month?
Mentions
Damn I need to learn how to hold onto my monthlies longer. So far I sold Apple calls, Tesla calls, BITO calls all for profit but had I held onto for another week I’d be up about 50k instead of 3k 😂
The price of entry too high for me to play this game, damn guess more BITO puts for me :/
Rolled up 40 calls of May 31st BITO 25c. Gonna be at least a 5 bagger 🤙 can’t believe it dropped 30% this month
BITO 1.68 dividend takes a bit of the sting out of the dip
Become a Boglehead, future's looking grim and bleak. If you're this young and already making this amount, go 80% Boglehead and 20% whatever you think but I'd suggest going for the 30-40 year long game. Make the real gains only gained through patience and stick with reputable ETFs. QQQM/VTI is good mix. I'm really aggressive though and don't take this advice even though I should and am holding SMH, XLK, UNRJ, BITO bunch of outliers so Uranium, Crypto, Semi's, Tech ETFs if want to get crazy with it. Imo AI will feed on chips, idk what'll happen with crypto but it's such a small amount anyways, Uranium has 3-5 year cycles we're just starting apparently, and tech is the future of course. This gives me mega cap exposure like Nvidia and MSFT without having to pick individual mega caps.
ETFs like BITO or even calls on reverse BTC ETFs check liquidity first
Holy shit the IV for Bitcoin which is extremely volatile is 60% on European exchanges like Deribit. It was 50% when BTC went from 44 to 60k and those monthly calls 60xed. Lmfao. Meanwhile, on American exchanges all you have is BITO or MSTR with shitty liquidity. What a scam
I have calls in BLK, SOFI, CRM, COST, PLD, HUM, and BITO You have been warned - I am stuck in inverse mode
Ah yes. Corn collapse now that my BITO puts expired worthless 😎
Took INTC profits into BITO and MARA puts, body still upright. Only dumb ber short spy/nvda/big tech
I’m thinking ABBA looks attractive (AAPL, BABA, BITO, AMD)
I have guessed BITO right 0/4 times
I’ve had my BITO bids in since the drop. Highest bit but not filling :( really don’t wanna overpay by like 10% lol
I'm so done playing BITO options. Fucking corn keeps fucking me
Oh nice thanks for the heads up. Someone else just pointed me to BITO, which I will take up actually. Going to mull over the available strike/premiums tonight.
Miners will not sell their BTC for a loss. Since halving cripples their production they move their sell price higher. As liquidity dries up BTC will see 85k+ over the next 3 months. There r far out calls for BITO
 all day Spy calls Tesla calls BITO calls
BITO invests in bitcoin futures and does not invest in bitcoin. There is no guarantee the fund will closely track bitcoin returns. Source: https://www.proshares.com/our-etfs/strategic/bito
BITO has options. Is it not a Spot BTC ETF?
Are you using MARA as a proxy BTC play? I’ve just been trading options on BITO and BITX depending on what the IV is like
BITO mi pito calls June/July opex 32-35c
Also monthly BITO calls cheap af rn for some reason. Loaded the boat.
MSTR and BITO undervalued after a strong weekend?
I bought BITO calls cause of halving The halving didn’t do shit
Guess who bought Bitcoin and BITO, IBIT yesterday. ME! ahahahahaha feels good man
What happens to BITO after halving pump or dump?
I have no idea if BITO is accessible in Europe but it tracks BTC, but isn't a spot ETF. They sell covered calls on futures contracts. Also, the idea these ETFs don't track is ridiculous when you can compare their movements to BTC on any charting software. Including Google.
Spy call tsla call and BITO call lol 😂 usually I start small but I got cocky I guess . That happens when ur on a run market will humble you and give you a good spank
Market is gonna pull back a bit more, Then buy BITO calls. With the halving around the corener they should go nuts over the next 9 months.
I think you're better off selling puts on BITO than RIOT. RIOT could easily go to zero with the halving and Bitcoin weakness. You also have tons of share dilution and excessive compensation with RIOT. Bitcoin would probably need to hit 120k just for RIOT to return to its previous high. I'd much rather sell puts on high quality stocks like KO than the ones you mentioned.
Bought 20 BITO calls for next Friday at EOD. Already looking juicy
BITO 27.5 put, enjoy it
Haven't traded BITO yet but I'm in COIN since 80$ Waiting for new ATH
Wild isn’t it? Lol should have been an easy play I’ve lost on BITO twice now, I’m out
Don’t know if I did, but I thought about telling the second one to buy OTM BITO calls instead with the loan, for extra profit.
Oh..well BITO deals with Futures, but also Grayscale has been dumping BTC daily in the hundred or thousands since the spot ETFs came in the scene..this is because a shitton of people who had invested in BITO left to invest in the new ETFs as they are a more accurate BTC tracking product. I got absolutely merked too, as I have all sorts of long positions and calls on the miners, Coinbase, and the spot ETFs. The market averages a 2 percent drop, tech averages a 3.5% drop, and crypto stock averaged a 5% drop lol. Literally the worst sector within a sector to be in for this moment. I'm holding everything. I've already braced myself for losing it all, but I'd rather that then panic sell only to watch everything moon the next day.
I traded calls on BITO. I'm restricted (60 min hold) from trading regular equities
At the end of trading friday models started diverging and the first place we saw it was NMR. Its a few hundred data scientists that invariably see how well models are predicting the market and will get indicators that the models everyone uses are diverging in their consistency. Theres gonna be a load of easy money during am trading because of all the rebalancing thats going to happen between crypto and vix. BITO and EETH are gonna have to do some major cycling and thats gonna blip id down hard long enough for all the idiots here to pick up some easy gains. UVIX, VIXY.. They all need to cycle their futures.
#CORN COLLAPSE 😱😨😵 Damn. I may have sold my BITO puts too early
If you didn’t buy the BITO calls I posted you’re gunna be salty next week
I just loaded a fuck ton of BITO calls for next week
The question is which Option are we gonna Call? MSTR, BITO, IBIT? img
saylor is my sugar daddy. morning fud and etf offloading complete. i'm stacking sats and making regard calls on # MSTR BITO and your mom
Tell your dad to dump that investment manager and do it himself. VOO QQQM SCHD is all he will need. If he wants a higher risk/reward add in a small amount of BITO (like 10% or less).
Oh boy. Please don't use BITI. The volume is too low and your orders wont fill and youll get fucked both when buying and selling. Use BITO volume is like x1000
leaps on BITO PLTR PYPL TSLA
For all the omega regards out there (myself included) BITU dropped a week ago. 2x BITO (Bitcoin futures). LFG lmao
Calls on BITO. Bitcoin halving later this month, run up of Bitcoin until halving. Big gains after halving later this year. GL
The BITO dividend is variable because it is based on their gain/loss on the options contracts. When BTC has a down month, which it will on a regular basis based on history even on a longer term upward trajectory, BITO may not pay any dividend. Not a reason to pass on holding it if you like the risk/reward profile but I personally view it as a happy surprise rather than something to count on.
Try buying BITO calls or puts - easiest to lose a few hundred bucks
I am not educated in cyrpto subject but i will tell you that BITO is not spot Bitcoin. BITO is using futures which my not closely match bitcoin. You may want to learn, and get educated in the term backwardation/contango. I would think it would be smart to learn about futures , and how they work before thinking about it as bitcoin. Just my 2 cents. FYI i don't own any crypto.
Or pays more, depends on if you are buying or selling. The annualized rate of return has been better than for same relative risk than BITO. Delta should wash all that out but when BTC has been extra volatile BITX has been paying better as a seller.
The problem is only BITO has options which currently have a IV of like 90% which is more then coinbase. Coinbase is mid 80s and low 90s and on average moves x1.5 of bitcoin. So your basically getting the same IV for a larger bitcoin move. Microstategy iv is like 130-150% and the options are way too expensive. Bitcoin miners are on average 90-120% and have a lot more affordable options. I understand the whole FUD.with them and I strongly feel the will likely crash post halving if bitcoin especially has a large drop, IE a 30-50% drop in bitcoin price would see miners do 70-90% drop from Curren prices. The combination of Dilution and excessively high post halving break even costs is contributing to a lack of performance in bitcoin miners. Current production costs on average are like 28k , and that's just to break even. When you factor in all the other expensive your in the mid 40s. And then after post halving it will basically double and you get the picture. Markets are forward looking so that explains their under performance. But in the very short term given the high bearish sentiment I would argue that miners would briefly out perform microstategy.
Trade BITO options if you want to ride a BTC pump Mara and other miners don’t necessarily pump when BTC price rises
Thats the gist of it. The 401k would have a much higher contribution limit ([$23,000](https://www.irs.gov/newsroom/401k-limit-increases-to-23000-for-2024-ira-limit-rises-to-7000) for most people this year) and earnings can be used penalty-free sooner (55 vs. 59-1/2) assuming you’re leaving the job that the 401k is associated with. Main downside to the 401k is if your employer doesn’t offer much choice of investment options. Although some places offer [brokerage accounts](https://www.investopedia.com/articles/personal-finance/061314/rise-401k-brokerage-accounts.asp) within the plan, allowing participants to invest more or less as they’d like. Mine for example allows me to pick my own mutual funds or ETFs but not individual stocks. Which creates some interesting loopholes, like I can invest my retirement savings into Bitcoin futures (BITO) or a 2x leveraged single-stock fund (AMZU) stock but not regular Amazon stock.
Late Dec-Early Feb, corn traded in a range so about 2 months. Since the beginning of March I would say we established another range. With halving in two weeks, I hope to see level up. BITX BITO monthly
Bout to buy some BITO calls for the weekend pump and sell on Monday
Im a expert analyst doctor professor and you should be buying BITO
Timed BITO, MARA, and HUT puts on friday and not even that excited.
Good deal, 5% of my port is BITO, MARA, and HUT puts i picked up Friday. Not celebrating yet with IV and such too.
Because I sold 1,000 shares of BITO seconds before…. that’s why. I did it. I finally caused a significant financial impact.
Normal Brokerage: QUBT. 2,000 Shares. Quantum computing company with an actual commercial product. I’ll give it 5 years or so and see how the space works out. Roth IRA: FBTC 1350 shares / BITO 300 Shares. I’ll hold both for the next 20+ years.
Hold BITO directly then. They pay a very generous dividend usually bc of future rollover.
Pick a symbol you believe is highly undervalued and has real upside potential. Buy 3 calls with 6-8 month expirations. Examples: URA, BITO. Set a sell limit where you’ll be happy with the profitability, eg, 2x, 3x. Then leave them and await word that they closed or expired worthless. If they expire worthless, you’re out $900 with no other risk/obligation. If they close with the acceptable profit, be happy (ie, don’t do the gambler thing and regret having closed early).
Dollar cost averaging is overall dumb. Just dive in already. 25% $VOO 25% $VTI 20% $QQQM 10% $VYM 10% $SCHD 10% $BITO
You’re 15. Why are you looking at a 10 year timeframe? Look at 45 years so retirement age of 60 and you’re going to need to add more money to it over time can’t just expect to live off the gains from $500 unless you’re lucky playing options. Add $250 a month into that $500 for 45 years at an avg return of 8% and you’re looking at a bit over $1.3m Don’t get a bond. You’re 15 not 50. You should be looking at high risk high reward investments. Open a ROTH IRA and do this 50% QQQM (+44.9% 1yr 0.65% div) 30% VOO (+34% 1yr 1.33% div) 10% BITO (+141.04% 1yr 12.18% div) 10% SCHD (+17.50% 1yr 3.31% div)
Grayscale needs to get the SEC to agree to options trading for their Bitcoin products. I can sell covered calls on BITO against my stack of IBIT and mitigate a majority of the risk while capturing all the upside through the cycle.
Just buy now don’t wait for a dip. Yea it might dip 3% but it might go up 10% before that. 25% $VOO 25% $VTI 20% $QQQ 10% $VYM 10% $SCHD 10% $BITO
Do not invest in BITO (or similar ETF) unless you're okay with losing it. It's literally gambling. I say this as someone who holds IBIT. But it's less than 1.5% of my net worth.
VTSAX is fine. Might want to grab up QQQ and if you’re feeling like picking up something with more risk/reward then also get BITO.
April is upon us, I will be betting on the 🌽 halving being at least some what profitable, although I do think way more of it is priced in than true crypto nerds want to believe. LEAPS on BITO. Surprisingly cheap too
BITO is at .95% but I agree 2% is psychotic.
Sell the gold and invest it. If you want to pretend the world is going to end and people aren’t going to have all the comfort of a modern lifestyle then buy a few 1oz gold/silver coins with the dividend payouts over the years from the investments. 25% $VOO 25% $VTI 20% $QQQ 10% $VYM 10% $SCHD 10% BITO
Hold onto your calls. the price of BTC and BITO is gonna be so high come January
I own share of BITO for the dividend payout. Gonna see how much the price of bitcoin moves these ETFs and try to get into some calls before Tuesday next week.
Buy calls on BITO, strike price $20 for Jan 2025. Just make sure you can handle the dips.
The biggest difference I see is that BTC is more popular now then it has been for past halving events, so it’s definitely possible we don’t see the typical pullback. It’s always made new ATHs in the aftermath of the halving so I’m personally waiting for afterwards to pick up some calls on BITO. I might miss out on some profit and pay a little more for them if it doesn’t pull back but it just seems like the safer play to me. Either way, good luck with whatever you decide to do.
Mark your calendars! Bitcoin Halving is on April 20th Calls on BITX or BITO
BITO calls if you want to catch a 💰
i already made a fuck ton off CLSK call options. I have 18 CIFR call options, 2 CLSK options, a big BITO call option play (potential life changing money) and 5 MSTR shares.
Salute. I would like to do that also but notinal is too high for a shrimp like me. Opted for leap calls on BITO instead. Any ideas on what penny stock miners can behave like mstr too?
Look into BITO. I’m up 200% on my calls. Mirrors Btc price action
Liquidity I’d say is split currently 60% traditional financial instruments and now closer to 40% in fake internet money. Mostly I’m into the original OG by Toshiba Mitsubishi but I slept on Vitalik’s project which to me is still a pre-mine shitcoin but hey what the hell these days I’m staking fourty grand. I own the base assets, I buy the ETFS, I made a shitload on COIN when the SEC sued them, and I drip BITO futures too. Let’s say I’m gearing up for a big year and it’s already been a great year. None of this has been financial advise of any kind.
I am going to sell my Mara…(I already heard you that I should have never been in it)…..but have Mstr, BITO, Bitx to offset and my basis is under 20. I have about 30 -35 Tsm calls spread out between 130-150 xp (4-19 to June- due to your DD.) Mara proceeds about $40k…..appreciate your thoughts on if I should add to Tsm or yolo into Tsm leaps or do you like Vertiv better?