Im sitting on 4.5 BTC

The stock itself has steady in the $10 range since 2021 tho

I’m only considering this because I’m tired of sitting on this much btc and not having any passive income from it

What stock is it?

450K if you sold 4.5BTC....
100% you should be selling puts at monthly expiry in high volume stocks that have tons of open interest....
I'll give you example of a trade I did today, I sold puts on INTC ( intel corporation ) at the $18.50 strike price for .41$ per contract at the monthly expiry of 05/16/25.
I sold 125 contracts, so that's $1,850X125 = $231K and I made $5,125. I then took that premium and I bought 245 shares of BITO ( covered called BTC futures that pays out a very high dividend, but you need to swing trade it to not get murdered on NAV ).
What I'm trying to say is that when you have a very large pile of money you can monetize it and find companies and commodities that you would want to hold and would come back in price to protect your initial capital.
( For example, Intel has bounced off a price floor a few times, is in the process of being considered for mergers and acquisitions and has tons of manufacturing facilities meaning it has great tailwind to stay above the $18.50 strike in 3 weeks, and if it does happen to go under the strike and the put options get exercised, I wouldn't have to wait long before the shares are back at 18.50 ( at which point I can immediately sell covered call "at the money", or sell a call "out the money" by a 5% margin for the next expiry available, etc. ).
My recommendation is to look for stocks that have been recently impacted by the tariff narrative that have great short term volatility relative to their value as a long term hold and begin getting nice premiums on using your pile of cash to sell puts.
And here is the most important part:
If you truly are a BTC maximalist, you should be selling puts on MSTR as you will make insane premiums while being waaay out of the money on your puts.

I’m not gonna lie I haven’t a faintest clue about playing around with options

bro you have 4.5 BTC and bitcoin is heading towards its biggest bull market as we speak.
just hold it until before the bubble pops and sell then.

I’ll believe it when I see it

Even though I have 4.5 I’m not really a bitcoin maxi. I mean I want it happen I just am skeptical

selling puts = you get money in the form of premiums for honoring a contract to buy at a certain price point ( Strike Price ) on a certain date ( Expiry Date ).
If you have a big sum of money it is the best way to monetize it and essentially earn an income on underwriting put contracts.

Selling covered calls is collecting premium by agreeing to sell your shares if it goes over a certain price ( strike price ) on a certain date ( expiry ).

premiums and strike prices both get multiplied by 100 to show you the monetary value you collect as well as the amount you have to put up ( for selling puts that is ). Selling covered calls means you already own the shares X100 per contract you sell.

End goal of anyone with a big pile of money is to sell puts or covered calls out of the money by like ~7.5% on biweekly or monthly basis to extract maximum profit to risk ratio, and it is good to snag stuff during peaks/valleys like selling covered calls on a recent large spike in price or selling puts on a recent large drop in value.

this MSTR put trade has already blown plenty of people out. You have no idea if the premium will disappear or when. Don't listen to this guy, just hold your BTC

it is all relative, MSTR is a leveraged BTC play, he is looking for something that is a mix of holding his BTC as well as monetizing the capital value he has right now on 4.5 BTC.
Your argument is exactly the same as saying the BTC trade has already blown plenty of people out, you have no idea if the price will recover or when, don't listen to this guy just hold cash.

Bro, just get a job and get your btc up to 5 whole bitcoin, then just hold for 4 to 8 years. I would kill to have 4.5 bitfucks

Wait till the bullrun is over
Right now its paused due to tariff wars

60278769

I'm a newfag who knows very little about economy, almost nithing, but I want to learn. What's this dividend thing about? Am I going to get money if I just buy, say, Nvidia shares and sit on them for a fixed amount of time without selling?
I don't really want to spend that much time seeing how numbers bounce up and down and dividends would be just right in my alley, no matter if the cashback is not that much.
Does every business generate them even if in major or minor ratios?

diversify you retard

Put in $100K, get out $40K/year? Usually if a stock is paying that high of a dividend, it's cannibalizing the company. Look closely at the company to see if it has any real future or if it's just a dead shell.

That said there ARE (or at least WERE) high-yielding dividend stocks that were simply in highly cyclical industries. Around 20+ years ago I owned some NAT (Nordic American Tanker) and it had a ridonkulous yield. Its dividends were solely because they were paying out almost everything they earned, and their earnings were solely based on oil tanker charter rates, so when the global economy took a shit and rates went to almost nothing, so did their stock and yield.

With that said, they were a good company. I've been out of it for so long that I don't know if they even exist any more.

I’m only considering this because I’m tired of sitting on this much btc and not having any passive income from it

So stake your Bitcoin on nexo/lido/kraken , or lend it out. Or use it as collateral to get a USDC loan and use that to buy more Bitcoin. Then use that Bitcoin as collateral to get a USDC loan, and then buy Fartcoin.

I can’t make a decision

aHhhhHhHhhHHh

No, buy STRF (microstrategy preferred stock) if you want/need an income stream, it pays $10/share (about 11% right now) and keeps your capital in bitcoin where it belongs

Thanks anon I just may do this

please link me the stock that pays $1 per share in dividends ill wait

$40k a year dividend on $100k principal? Sounds super risky that the market has priced in a 40% yield, either the company is severely undervalued or your burning your money.

Can't imagine having less than 10 BTC, yikes

My boomer uncle and father are trying to convince me to buy 10k shares of a stock at pays $1 in dividends every quarter, coming out to about $100k

RITM pays $1 per YEAR, not per quarter. It’s 25c per dividend and they’re paid 3 monthly. On an invested sum of $100k you will pull in $10k/year in dividends, not $40k. Hedge fund managers would stab their own grandmothers for a stock that would pay a yield of 40%.

Better off holding on to the BTC frankly.

bitcoin is going into a bullrun RIGHT NOW. this is the worst time to sell bitcoin. watch how the price develops in the next months and sell when theres signs that the bubble is about to pop.

I'd focus on getting income first, and maybe then join your father and uncle in their adventure

no just put it into vanguard
you'll make absolute shit
like 20k a year, but you'll never lose any money