MSTR as a defined-risk trade for asymmetric risk-reward

Discussion in 'Crypto Assets' started by johnarb, Jun 16, 2024.

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  1. MSTR blew through $200 like a champ, I am surprised how little resistance we had. $205 or $210 by EOD? You think $212 :)
     
    #151     Oct 11, 2024
    johnarb likes this.
  2. johnarb

    johnarb

    There are a ton of mstr call options in-the-money and if the 80IQ-Irresponsibly-long-$mstr cult is correct, many of those options will be exercised to hodl the shares for long term until mstr hits $1T market cap

    Jet fuel for the short squeeze, mstr currently in price-discovery, no ceilings at this time :D

    I plan to buy 1000 shares of mstr but it's next year if I have good profits from my mstr calls

    ps: sorry bitcoin could ruin the party, let's hope bitcoin goes up until stock market closes
     
    #152     Oct 11, 2024
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  3. Well that would have been an easy 5k had it filled! Anyway, I may have missed the scalp but at least I'm along for the ride with MSTY. :)

    If I put 100k into MSTR I would have 492 shares, on MSTY 492 shares would only cost me $14,140 for the same return, plus 1k/month ! :)

    upload_2024-10-11_8-14-51.png
     
    Last edited: Oct 11, 2024
    #153     Oct 11, 2024
  4. johnarb

    johnarb

    You got your $210, Mr T :D

    Still a couple of hours for me to get my $212.121

    Bitcoin just needs to keep going up for the next 2 hours


    upload_2024-10-12_2-1-27.png
     
    #154     Oct 11, 2024
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  5. $215? :)
     
    #155     Oct 11, 2024
    johnarb likes this.
  6. What a call you made! $212, we hit $210.89, that’s close enough to win!
     
    #156     Oct 11, 2024
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  7. $210 was a no-brainer before it even broke $200... that's why I tried to buy 100 of $210 oct11 calls LOL.... They were trading at $0.23.... they reached a high of $0.97 before I left. What are they now?...theta kicking in now I guess

    Anyway, I'm going to tell myself that it wouldn't have filled anyway because it was kind of right on the cusp. :)
     
    Last edited: Oct 11, 2024
    #157     Oct 11, 2024
  8. Your $212!
     
    #158     Oct 11, 2024
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  9. johnarb

    johnarb

    21 palindrome, too! Thanks Mr T

    upload_2024-10-12_3-47-13.png
     
    #159     Oct 11, 2024
  10. upload_2024-10-11_12-47-16.jpeg

    $212.30, Johnarb!
     
    #160     Oct 11, 2024
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