In spirit, I’m very much for exploring avenues like this. In practice, in regards to this specific proposal, still thinking through the numbers and don’t have a for/against opinion at this time.
In the meantime, a few things would be helpful for voters:
- Let’s not frame this as ‘yield’. Writing calls is more of a trade.
- Is there a revenue/budget analysis that we could link to? i.e. how much do we have in the treasury, how much are we making every month and what are our expenses? Knowing our financial situation would be very helpful in determining our appetite for risk.
- Can someone simulate different scenarios? Similar to what @Mike_B did but maybe a bit of expansion would be helpful.
- Has anyone done any volatility assessment on BAL? This would be super helpful since we’re purely going up against professional traders by entering the world of options.
As always, I hope we wait until there’s consensus on the forum before sending the proposal to a vote – this depends on settlement of discussions and not how many days.