Fidelity Wise Origin Bitcoin Fund (FBTC) Covered Calls

Running FBTC covered calls helps you generate consistent income from Fidelity Wise Origin Bitcoin Fund's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Fidelity Wise Origin Bitcoin Fund 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 FBTC 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 FBTC 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 FBTC 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 Fidelity Wise Origin Bitcoin Fund covered call is worth writing.

Get easier exposure to the price of bitcoin—without buying bitcoin directly—in most brokerage, trust, and IRA accounts.1. This product is for investors with a high risk tolerance and invests solely in bitcoin, which is highly volatile and could become illiquid. Investors could lose their entire investment. FBTC is not a traditional ETF registered under the Investment Company Act of 1940.

Income-focused investors, long-term FBTC 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 FBTC covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Fidelity Wise Origin Bitcoin Fund covered calls come to you, already filtered for the metrics that matter.