ClearValue Investing
patreon
Writing Cash-Secured Puts on BTG
🕑 Added 2025-12-16 18:08:32 +0000 UTC
I am writing cash-secured puts on BTG. Essentially, we are selling the puts (or shorting the puts). We want the price to be above $4.50 by January 16th. if it’s below $4.50 by then, we would be forced to buy those shares for $4.50 (but we get paid 0.30 a share to do so). If it’s above $4.50 by January 16th, then we just keep the $0.30 and don’t buy the shares.
Personally, I’m writing a smaller quantity because I have a heavier exposure to BTG already. But this is such a good deal, I don’t want to pass it up with gold at $4,300+/oz.
if you’re light on BTG exposure, this would be a great way to increase your exposure.
Comments
Kingshmacker
CPI on Thursday was good Thats good for precious metals right ?
Jeff Box
It says I can loose $400 for each contract is that true
