Strong Buy IBIT by Dec 15, 2028.

Spread across two accounts, I have: 301 40/60 call spreads 385 50/70 call spreads 251 20/10 Bear put spreads 25 naked 50 calls. All in IBIT, all for Dec 2028 Planning to re-evaluate in a year. If BTC is flat the entire time, I'm expecting to lose 45k to theta, maybe another 25k to vega. Worst part of the curve a year out (assuming flat vega) is IBIT at 20 (BTC at \~35k) net loss is \~210k. All in for …