What do you think /biz/? Is this worth making? Ibit offers call options on their bitcoin ETF.
The math is roughly 1 bitcoin = 1750 shares. So you can calculate the price based on this.

66 * 1750 =115,500
Adding on the premium price means the breakeven is
(66 + 21.40) * 1750 =152,950
Do you think Bitcoin will be worth more than $152950 by the end of 2027?

>>60747344 (OP)
Yes definitely

>>60747350
Placed the order. Ended up getting a premium of 21.57. If Bitcoin is $153k by the end of 2027 then I’ll be in the profit.

>>60747516
Sound like a great deal, anon.

This is the dumbest thing I've ever seen, and I can't tell if you're trolling.
Options, especially long term, are a total trap for people that don't know what they're doing. If you don't time them perfectly you are leaving a lot more money on the table relative to how well you time the underlying stock's price action. You're better off just leverage trading on something like GMX or a real exchange.
You paid over $2000 for a bet that won't even give you that much return if the price moves in that direction because of how long dated it is. That's a lot of opportunity cost. If you really want to do options, study the greeks until you can recite and apply them by memory

>>60747344 (OP)
90% of option buys expire worthless....

>>60747770
Holding options to expiry is retarded. The real money is made in the wild swings that come from price acceleration, not just stock price gain. You can make serious money with options if you time such swings well, but a lot of people buy them thinking "if stock go up option go up higher!!!!" but even that isn't a perfect correlation depending on timing

>>60747344 (OP)
you fucking idiot, buy the calls when btc tanks, not when its pumping