Options Q&A and Discussions, Covered calls, protective puts...
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 Sep 8 2025, 02:44 PM
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#1
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Senior Member
584 posts Joined: Aug 2009 
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anyone do weekly CSP on etf?
TQQQ is highly leverage, am holding weekly on it, very scared, so will run away tonite. other CSP ETF i have is GDX (gold etf) and CLE (energy etf). i am thinking of KWEB (China tech etf) and IBIT(btc ETF). i got uber CSP 30 days DTE, doing not good on premium. if hold until expiry, locked my BP and poor annualised return. newbie here |
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Sep 9 2025, 11:15 AM
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#2
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Senior Member
584 posts Joined: Aug 2009
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QUOTE(swiss228 @ Sep 9 2025, 12:30 AM) As a newbie to options trading, I feel the safest etf for options is one that mimics the S&P. So, for the 1st time, I am going to do a CSP (expiring in 2 weeks time) on SPLG. I join the queue on the ask side. One discouraging feature of options trading is the wide spread, which translate to higher trading costs. I am not used to this as spreads on stocks are much narrower. in my humble opinion, SPLG not suitable for options, too low IV and do not have weekly expiry. so you want to roll also hard in future. swiss228 liked this post
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