Covered Calls

Global X Blockchain & Bitcoin Strategy ETF

BITSNASDAQ · USD

52.50USD+0.96 (+1.86%)

Global X Blockchain & Bitcoin Strategy ETF (BITS) Covered Calls

Global X Blockchain & Bitcoin Strategy ETF trades in the Exchange Traded Fund industry with an IV Rank of 53.57%, average versus the past year. BITS's highest covered call setup is the $59.00 strike expiring Nov 20, 2026, sorted by theoretical annualized return. It's 5.96% out of the money with 17 days to expiration, a 6.23% return until expiration, and a 133.81% theoretical annualized return. Across the setups shown, annualized returns run from 76.51% to 133.81% at strikes between $57.00 and $65.00, with 17 to 73 days to expiration, as of Nov 3, 2026.

Running BITS covered calls helps you generate income from Global X Blockchain & Bitcoin Strategy ETF shares you already own, turning a long stock position into a yield producing asset. A covered call means holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike. Use our scanner to find the best BITS covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call pairs limited risk with a clear income profile. If BITS stays below the strike at expiration, you keep the premium and the shares. If it rises above, you deliver the stock at the strike and still pocket the premium. Selling BITS covered calls works best when implied volatility is elevated, since richer premiums improve the risk reward. Key inputs include strike selection relative to delta, days to expiration, annualized return, and probability of assignment, all of which determine whether a given BITS covered call is worth writing.

The Global X Blockchain & Bitcoin Strategy ETF (BITS) seeks to achieve long-term capital appreciation.


2026-11-20	17	59.00	5.96	0.15	1.30	347.00	6.23	133.81	-0.27	+0.27	1.15
2026-12-18	45	64.00	14.94	0.15	1.45	847.00	15.21	123.39	-0.27	+0.19	1.30
2026-12-18	45	63.00	13.15	0.25	1.60	757.00	13.60	110.27	-0.45	+0.22	1.35
2026-11-20	17	58.00	4.17	0.40	1.85	272.00	4.89	104.89	-0.72	+0.35	1.45
2026-12-18	45	62.00	11.35	0.45	2.15	677.00	12.16	98.62	-0.81	+0.27	1.70
2026-12-18	45	61.00	9.55	0.75	2.35	607.00	10.90	88.42	-1.35	+0.31	1.60
2027-01-15	73	65.00	16.74	0.05	1.75	937.00	16.83	84.14	-0.09	+0.20	1.70
2026-11-20	17	57.00	2.37	0.75	2.20	207.00	3.72	79.82	-1.35	+0.42	1.45
2026-12-18	45	60.00	7.76	1.00	2.55	532.00	9.55	77.50	-1.80	+0.35	1.55
2027-01-15	73	64.00	14.94	0.20	1.90	852.00	15.30	76.51	-0.36	+0.22	1.70

As of Nov 3, 2026

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Stock Statistics

IndustryExchange Traded Fund
SectorFinancial
IV Rank53.57% Moderate
Market cap (M$)—
52 weeks high-49.96%
52 weeks low5.44%
Analyst recommendation—
Target price—
Dividend—
Payout ratio—
Earnings date—
P/E—
Future P/E—
EPS (ttm)—
EPS growth next 5 years—

As of Nov 5, 2026

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