I think that's a good price, but it's going to be much higher if mstr opens at $294 or higher as Robinhood is currently showing with their "24-hr trading market" April is not a good expiration, though, tax selling might be quite severe given the big profits from last year stock market, bitcoin, nvda, mag7, et al Plus, you'd want to take advantage of the mstr's first fasb gaap bitcoin earnings in May, so June or July would be better expiration, albeit more expensive I have June 2025 mstr calls way out of the money,, I kept adding as it was crashing, I added some more last Friday, If bitcoin bull market gets going, it's going to pay off big, there's some tailwinds, liquidity injection already happening, global money supply already going up which bitcoin lags, so it's time to catch up per the timeline... good luck
Pre-market almost +14% after Donald Trump announced plans for a U.S. strategic reserve including Bitcoin, Ether, XRP, Solana, and Cardano as part of his January executive order on digital assets. https://www.cnbc.com/2025/03/02/tru...ve-including-bitcoin-solana-xrp-and-more.html
Amazingly it is down $40 from the open. Even the pied piper of BTC couldn't save it. I think that is the definition of a dead cat bounce.
Closed out my stock, bought a couple 1 sigma calls for a 10-15x opportunity in the morning or day after. BTC selloff today is a two sigma event so let’s see.
mstr should be a good trading stock, traders on ET should be happy to trade it If a traditional stock goes down 50-60% in 30 days, it's usually because of a major event, such as bad earnings, failed phase trials, or some kind of supply or demand problem These stocks would usually stay down, with small up moves now and then mstr is not like a traditional stock, it's a derivative of bitcoin, when bitcoin crashes, mstr crashes more, but the same is true on the upside bitcoin crashed from over $100k to $78k last Friday mstr crashed from high $380-$400/sh to $220'sh last Friday bitcoin has since recovered to low $90k, in 3 US trading days, mstr has gone up 40% to over $300/sh who knows if the bitcoin bull market will go into full swing, but there is an opportunity in mstr if bitcoin goes ballistic to the upside and same is true to the downside