Ok now I see it (22.51-1.50=21.01) Current price is 22.03, so relative to bitcoin BITO moved up $1.02 (22.03-21.01) So if no dividend payout we would be at 23.53 (22.03+1.50) It looks like any dividend drop is short lived followed by a pop, so I'll just hold till expiry to see if BITO recovers. This would explain why the calls were so cheap, as they were factoring in the d drop.
everything is pumping, all commodities, stocks,... But bitCON is dumping because its a ponzi scam. The only hope for Bitcoin are bounces where more grannies buy into the scam. But it's obvious. This thing is going to below $10K before end of year.
Wow..... I remember everyone screaming 70k 72k 75k and even Tom lee screaming .100k...look at this thing...keeps dropping and dropping.....no one thought buying at 70k would happen to see i it trading at 57k a few months later. They thought only butcoin goes up ....maybe we see a 20% drop in equities next after this bitcoin europhoria has faded...
Really??? Everyone???. Why are you listening to talking heads? I posted this back on Apr18... Seriously the name of this forum should be changed to Novice traders.
Okay so 97%....... Mstr ceo was buying up coins left and right...stock was near 2000.....now dropping into the 1000 area.
I was wrong about the Mt.Gox sales being priced in. This is definitely those coins hitting the market. Showing just how shallow the depth of the market is.