Invesco Galaxy Bitcoin ETF (BTCO) Covered Calls

Running BTCO covered calls helps you generate consistent income from Invesco Galaxy Bitcoin ETF's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Invesco Galaxy Bitcoin ETF involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best BTCO covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if BTCO 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 BTCO covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Invesco Galaxy Bitcoin ETF covered call is worth writing.

Invesco Galaxy Bitcoin ETF (the “Trust”) is an exchange-traded product that issues common shares of beneficial interest (the “Shares”) that trade on Cboe BZX (the “Exchange”) under the ticker symbol “BTCO”. The Trust’s investment objective is to reflect the performance of the spot price of bitcoin as measured using Lukka Prime Reference Rate (the “Benchmark”), less the Trust’s expenses and other liabilities.

Income-focused investors, long-term BTCO holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling BTCO covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Invesco Galaxy Bitcoin ETF covered calls come to you, already filtered for the metrics that matter.