MSTR Call Options
Updated
I think this is a perfect opportunity for MSTR Calls.
Bitcoin is quiet, at a local minimum, everyone is desperate. The bottom may not be in but it's definitely close.
Options are problematic because of timing. I rarely use them but in this case I believe that the benefits far outweigh the risks.
I bought some options on friday but I'm getting some more options with 1-2 months until expiration.
Bitcoin is quiet, at a local minimum, everyone is desperate. The bottom may not be in but it's definitely close.
Options are problematic because of timing. I rarely use them but in this case I believe that the benefits far outweigh the risks.
I bought some options on friday but I'm getting some more options with 1-2 months until expiration.
Trade closed manually
I exited this trade with a 272% gain. Temporarily staying in MSTR. Note
I forgot to update the idea, but I reentered with MSTX calls a little over 6 hours ago. There is a comment in the comment section. Note
If this turns south, I will probably have to hedge my positions during the weekend by shorting BTC on Binance. It's ready but I'll activate it only in case this thing doesn't hold. Note
I'm hedging on Binance over the weekend, so options losses will appear as Binance profits. Note
I almost completely removed my hedge overnight. 
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