Cash-Secured Puts
Ethereum Wheel Strategy: Cash-Secured Puts and Covered Calls
The ETH wheel lifecycle: each stage creates a new risk and position-management decision.
Educational research only. Not investment, legal, tax, or trading advice. Options and digital assets involve substantial risk, including loss of capital. A premium received is not a guaranteed profit.
An Ethereum wheel strategy combines two familiar options positions: a cash-secured put and, after assignment, a covered call. In Terramatris's published Ethereum framework, cash-secured puts may lead to spot ETH accumulation; covered calls may…