Bito dividend

johnarb said:
MSTR was around $1770'sh when I purchased the MSTR call options

I'm bullish as it's a bitcoin bull market until end of the year after halving 2017 (2016 halving), 2021 (2020 halving), 2025 (2024 halving)


https://www.elitetrader.com/et/thre...r-asymmetric-risk-reward.379915/#post-5981373
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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.
 
S2007S said:
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.
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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
 
S2007S said:
From 96 post split of course ...I never added at 150 which I said I would have.

I'm looking at MSTX but would want to wait.until it.comes back to 25-28 to short which at this point.i don't see happening.
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You might get your chance next week to short MSTR at 150 and MSTX at $25-28

Will you take it this time?


upload_2024-9-14_11-10-55.png
 
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