you're blatantly ignoring how wrong you were when you said bitcoin will be negative in November, and how wrong you were for calling $50k bitcoin for over 3 months and counting
Josh was derisking and closing out mstr long calls when mstr was above his "price bubble area" He realized over $10M in profits Additionally, he started selling naked puts and covered calls against his mstr shares... he started buying back the calls last week and closing out the naked puts last week, realizing millions of $ in profits I wish I did not ignore his trades, I follow the dude, might as well benefit from his experience and expertise He has an opinion on the recent changes to mstr margins related to market makers, it's in one of the video podcasts he participated in Josh is worth a follow on Twitter https://x.com/JoshMandell6
I called it as a possiblity a month ago for summer...and here we are 10k down already lol ..again comprehension people! Even as bitcoin's going down you still act like it's going up LOL. Like I said wake me up at 150k or 50k whichever comes first.
Wow, how things change in a few short months. I've been back to trading MSTR since November and have done well until the last few days. But it's hard not to enjoy trading that volatility.
Oh boy Josh can post a line on the chart LOL! Are you being fing serious with this???? If you want to understand how ftd's work I would suggest heading over to reddit and talking to the GME boys. It's funny, when things are booming you are posting all your profits, and when things are in the shitter you post all this hopium. This thing looks to be headed for a double correction which could bring us to 200's into spring. I might sell some 200 puts. ($8??? Yuck! Maybe I'll buy them...) If I were to buy calls it would be like Jan 2026 650 calls, but I'd wait to see if this double corrects first as there is no point paying extra theta. I don't see this breaking $600 this year without some sort of crazy gap up. If we compare to the last MSTR correction which took 185 days: (I can draw lines too!) To put things into perspective, this is what your boys chart would look like if we go "ape" Jan16. Does that look like normal price action to you Johnny? Maybe best case scenario, if this only does a single correction you might get something like this which would bring us into late spring:
200s here we come? lol @johnarb your position is hemorrhaging.. By my calculations you have given back ALL profits and are underwater now. You need to learn that price moves in cycles and no amount of talking head hopium or screen shots of bogus metrics is going to make a difference. I would be prepared for a double correction which would look something like this: A single correction would look like this but imo we have come too far down from the highs so it doesn't look natural.
Do your drawings show context? I mean, the entire tech sector is taking a beating so it would make sense to see MSTR and BTC significantly down, no?