Analyst interview cites seller exhaustion while recommending basis trades over covered calls
A Bitcoin Magazine interview with investor Richard Byworth, published in October, focuses on ways to earn yield on bitcoin without selling the asset. He cautions against covered-call overwriting during rallies and argues for bitcoin-collateralized basis trades as a market-neutral approach. The interview's chapter list also raises "record seller exhaustion" as a framing for whether a bitcoin bottom has formed, but no supporting figures or data are given in the supplied text.