This is a MicroStrategy vs Bitcoin comparison chart. I multiplied MSTR shares x 500 to get an average value of MSTR in relation to BTC over the last 4 years. As you can see, as of October 2024, MSTR had a massive disconnect compared to BTC's price action. I see this as a red flag and reason to take caution going long MSTR while it's so overvalued compared to BTC. It's my speculation that MSTR trading momentum won't slow down until there's a catastrophic collapse of MSTR share price for an unknown reason in the future. Until then, trade long with proper risk management and plan accurate short entry positioning. On the average day MSTR moves +40 -40 from high to low according to the ATR indicator 20 moving average.
MSTR = white
BTC = blue
Options data:
1/10/25 expiry
Put Volume Total 115,980
Call Volume Total 369,028
Put/Call Volume Ratio 0.31
Put Open Interest Total 122,469
Call Open Interest Total 245,015
Put/Call Open Interest Ratio 0.50
1/17 expiry
Put Volume Total 68,578
Call Volume Total 95,060
Put/Call Volume Ratio 0.72
Put Open Interest Total 540,322
Call Open Interest Total 305,998
Put/Call Open Interest Ratio 1.77
1/24 expiry
Put Volume Total 7,154
Call Volume Total 11,078
Put/Call Volume Ratio 0.65
Put Open Interest Total 20,348
Call Open Interest Total 14,009
Put/Call Open Interest Ratio 1.45
MSTR = white
BTC = blue
Options data:
1/10/25 expiry
Put Volume Total 115,980
Call Volume Total 369,028
Put/Call Volume Ratio 0.31
Put Open Interest Total 122,469
Call Open Interest Total 245,015
Put/Call Open Interest Ratio 0.50
1/17 expiry
Put Volume Total 68,578
Call Volume Total 95,060
Put/Call Volume Ratio 0.72
Put Open Interest Total 540,322
Call Open Interest Total 305,998
Put/Call Open Interest Ratio 1.77
1/24 expiry
Put Volume Total 7,154
Call Volume Total 11,078
Put/Call Volume Ratio 0.65
Put Open Interest Total 20,348
Call Open Interest Total 14,009
Put/Call Open Interest Ratio 1.45
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.