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Wednesday, July 23rd
“Let us toast to animal pleasures, to escapism, to rain on the roof and instant coffee, to unemployment insurance and library cards, to absinthe and good-hearted landlords, to music and warm bodies and contraceptives… and to the “good life”, whatever it is and wherever it happens to be.”
– Hunter S. Thompson
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Markets Today
🌏 Asia-Pacific: Up
🇪🇺 Europe: Up
🇺🇸 United States: Up
🛢️ Oil: Down
⚡Crypto: Down
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The Cash Calendar zeroes in on predictable payout opportunities tied to
earnings, announcements, and key events… Click for details!!
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Major Market Events
- U.S.–Japan trade deal lifts stocks — Market optimism grows as tariff agreement fuels rally in autos and tech
- EU preps $100B counter to Trump tariffs — Brussels signals tough stance as transatlantic trade tensions escalate
- Tesla Q2 earnings on deck — Investors await key updates after recent volatility and AI-focused headlines
🤔 My Thoughts
Check This Dead-Simple Way To Play Bitcoin
I’ve traded Bitcoin directly. I’ve traded crypto ETFs. I’ve even traded meme coins when I had too much Red Bull.
But during this week’s Profit Panel, Jack shared a strategy that completely reframed how I think about crypto exposure.
Jack Carter’s IBIT strategy — selling puts for income, then potentially getting assigned on a dip — is one of the cleanest crypto income plays I’ve seen in a while.
It’s not about trying to “catch a moonshot.” It’s about getting paid while you wait for a price you already like.
He’s using naked puts on IBIT, a ticker that tracks Bitcoin, to cash-flow the move without actually buying Bitcoin.
That means instead of just sitting around hoping the price goes up, he’s getting paid up front — and if he does end up owning the stock, it’s at a discount because of all the premiums he’s collected.
Here’s how it works:
- Jack sold the August 29th, $65 put on IBIT, collecting $231 per contract.
- At the time, IBIT was trading at $67.47 — so this strike was just out of the money.
- If IBIT stays above $65, he keeps the $231 and does it again next month.
- If it dips below $65? He gets assigned the shares at a net price of $62.69 (the strike price of the puts minus the premium he collected).
- Either way, it’s a win.
And here’s the kicker:
On margin, the broker only requires 20% of the underlying value to secure the trade.
That’s crazy efficient capital use for a position Jack wants to own anyway.
It’s a genius play… I mean, when’s the last time someone told you they were “cash-flowing Bitcoin”?
It’s one of the most rational crypto strategies I’ve seen in a while… and it came from a guy who doesn’t even own a hardware wallet.
And that’s just one piece of what we unpacked recently.
Register your spot here to join us next time we go live!
To Better Trading,
Alex Reid
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