The “Covered Call” strategy assumes the trader is long exactly one unit of underlying asset after proceeds from selling their call.
Example: Underlying price = $500, Trader position in underlying before selling the call = $475 Short $700 call proceeds = $25 Trader positioning in underlying after short call proceeds = $500 (one whole unit)
RETURN CALCULATIONS Absolute Yield: $25/$475 Annualized Yield: $25/$475 * (525,600 / minutes left until expiration)
The “Cash Secured Put” yield assumes the trader maintains enough cash on hand AFTER proceeds from selling the put.
Example: Trader’s cash position BEFORE selling put = $275 Short $300 Put Proceeds = $25 Trader cash balance AFTER short put proceeds = $300 (100% cash secured)
RETURN CALCULATIONS Absolute Yield: $25/$275 Annualized Yield: $25/$275 * (525,600 / minutes left until expiration)
[Required] The underlying currency for which there are listed option instruments.
[Examples] IBIT | COIN
[Optional] Time format of the timestamps in the return payload.
[Defaults] milliseconds | ms* | iso | iso8601 | hr | human_readable
200
The response is of type object
.