Crypto/Technology
RIOT
Riot Platforms Inc.
Extreme premium from Riot Platforms (RIOT) with covered calls and cash secured puts. Bitcoin miner with high volatility.
Monthly Premium8.0-14.0%
Annualized Return96-168%
Stock Price$10-18
IV RankExtreme (85-100)
Options LiquidityVery Good
Dividend Yield0%
Why RIOT for Covered Calls & Cash Secured Puts?
RIOT offers extreme premium as a Bitcoin mining play. Very accessible price point for high-risk, high-reward wheel strategy.
Example Covered Call Trade
RIOTCovered Call
Strike Price$18 (25% OTM)
Expiration30 days
Premium$1.50 per share
Return If Flat10.7% ($150)
Return If Called35.7% ($500)
Keep Probability55% keep shares
Recommended Strategy for RIOT
Aggressive traders only. Sell calls 20-30% OTM. Be prepared for assignment or large swings.
Risks to Consider
- Extreme volatility
- Bitcoin correlation
- Mining difficulty increases
- Energy costs
- Regulatory uncertainty
Analyze RIOT Covered Calls Now
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