Have you averaged in on those calls on the drop in MSTR? No way no how could I be bullish on mstr. I know many are calling for a huge rise in Bitcoin to 100k in the next 12 to 24 months, but that idea now is a whiles away, and mstr depending on bitcoins rise is just too risky as earnings alone cannot keep the stock at these levels for long.
No, I did not average in on those calls Bitcoin will go much higher than $100k within 16 months Buy and hold (and sell-to-close if they do not expire worthless) This is my 4th trade of buying MSTR calls in the past 3 years These MSTR call options trades are my only documented "stock market" trades on ET I might have mentioned AMD calls in 2021, but no screenshots of position
You might get your chance next week to short MSTR at 150 and MSTX at $25-28 Will you take it this time?
I would short mstx this time and average in on any 5 dollar increase. I'm long some.BITX and BITO for the dividends so any rise in MSTX while shirt will be covered by BITX and BITO rising
Its amazing how almost daily MSTR == 2 x Bitcoin. I own MSTX, BITX & ETHU. Ethereum is the laggard of the group. Even BITX & ETHU are now distributing monthly dividends. The last 3 monthly dividends from BITX is about $0.65 so at the current price that's about a 24% yield. ETHU dividend is currently $0.005 monthly which is only 1%. Maybe the next US administration will allow ETH staking. Gensler sure hated that idea. Since Sept 9 close MSTX is up 84% & BITX is up 42%. So it looks like MSTX is a backdoor 4X play on Bitcoin.
"I don't see happenning" This was less than 3 weeks ago, mstr is over $165 and mstx is over $28 AND WE'RE NOT EVEN IN UPTOBER, yet!
New MSTR etf player in town. In Europe, they have 3x leveraged MSTR etf, fucking degens Come and get it!