options adjustments

Adjusting a covered call on crypto is similar to adjusting a covered call on any other asset. A covered call is a popular options trading strategy where an investor holds a long position in an asset and sells a call option on that same asset to generate income. If the underlying asset is a cryptocurrency, the same principles apply, but there are a few additional factors to consider. On March 10, 2023, I established a covered call position with Ethereum on the Deribit trading platform, I…