How Does a DAO Treasury Use a ‘Rolling’ Strategy for Covered Calls?

Rolling a covered call means closing the existing option position and opening a new one, usually with a different strike price or expiration date. A DAO might roll 'up and out' (higher strike, later expiration) to lock in a profit and give the token more room to appreciate, or roll 'down and out' to generate more premium if the price has dropped.

This strategy actively manages the yield and risk profile.

What Is a “Covered Call” Strategy and How Does It Relate to Yield Generation on a Crypto Asset?
What Is a Covered Call Strategy and How Might a Custodian’s Client Use It to Generate Yield?
What Is a ‘Covered Call’ Strategy and How Does It Benefit a DAO Treasury?
How Does a Covered Call Differ from a Protective Put Strategy?
Why Is ‘Rolling’ a Futures or Option Position a Common Practice in Long-Term Hedging?
Explain the Concept of a ‘Covered Call’ Strategy for a DeFi Treasury
How Are Covered Calls Used by Custodians to Generate Yield and Hedge Risk?
How Does the Yield Generated from Staking Compare to the Premium Earned from Selling Covered Call Options?

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