MicrostrategyNASDAQ:MSTR is at an area of value. Ideally, I want to see a breakout above this level. However, if sellers are willing to push the price down to the previous support level we could see a downward movement.
0A7O trade ideas
MSTR Swing IdeaNASDAQ:MSTR , COINBASE:BTCUSD
MSTR swing idea.
Earnings are in the way here, and I have no interest in hitching a ride. The IV is jacked, but I do still like an ER run up idea, with the likely target being 200. Continued strength could see the push higher though, especially if BTC breaks out of it's falling wedge on the weekly.
Would still plan to enter at 178.24 and trim at 183.70, but I will be looking at a vert spread instead of regular calls.
Oct25 +180c/-190c for around 3.68 with the underlying at 178.24.
Microstrategy!I’m liking Saylor right now. Everyone is suddenly trying to catch up, and adopt his model, because to not do so is dereliction of duty. MSTR is at the precipice of a major breakout, so I took position in MSTU 2X ETF with 2% daily decay. So, it’s a swing trade. Note that MSTR is breaking out vis a vis Bitcoin, and there is a clear target. I’m selling my MSTU into the MSTR/BTC target.
MSTR Alert: Trend Reversal Sparks October Rally!The NASDAQ:MSTR chart has just triggered a weekly signal, marking the first time we’ve seen a reversal signal alongside a fresh trend signal right at the range lows.
The trend appears healthy, and if October mirrors the previous months, I expect a rise in the crypto markets. While I'm not overly optimistic about Bitcoin's price movements just yet, I’ll be satisfied as long as it finishes the month positively.
A valid reclaim of $150 would lend significant strength to the uptrend.
Invalidation is set at $119, so manage your risk wisely.
For take-profit areas, consider $270 and $540 once the upward movement begins.
Keep in mind that ETF flows have been zero or negative, while NASDAQ:MSTR has been purchasing an average of $70M in BTC daily over the past week. MicroStrategy typically buys during bear markets or significant retracements. The key thing to watch now is how the market reacts once this buying subsides.
Calls ideaJust bought calls 10/11 strike 165. Bullish flag and Bitcoin is trading on a demand zone. Looks very bullish.
Looks ready to continue correction and retrace back to 140With everything oversold, sentiment neutral, indicators one-sided, and a correction, many things that could make this a go down 10-15%
MSTR/BTCHi, this chart is Microstrategy denominated in Satoshis. You can see that I changed the currency in the drop-down menu in the top, right-hand corner. So what do we see? Saylor turning bullish sats. It’s always wonderful to find something that is bullish sats, because if it’s not bullish sats, then there’s no reason to be in it. CIFR is also looking like it can turn net bullish Sats, so I have a position in that. And now, Yesterday, I have a position in MSTU, which is 2XMSTR ETF with a 2% daily decay. One strategy might be to sell MSTU when MSTR/BTC reaches your upside target. That is $770 MSTR at today’s Bitcoin price, or $1500 MSTU, and it’s $44 at the week close. Good luck out there traders.
MSTR Call Options 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.
Opening (IRA): MSTR Nov 15th 121 Monied Covered Call... for a 111.20 debit.
Comments: High IV (88.8%). Selling the -75 delta call against stock to emulate the delta metrics of a 25 delta short put with the built-in defense of the short call.
Back into MSTR after taking off my previous November setup in profit. (See Post Below). This has earnings on 11/6, so I'll be looking to take it off before then ... .
Metrics:
Buying Power Effect/Break Even: 111.20
Max Profit: 9.80
ROC at Max: 8.81%
50% Max: 4.90
ROC at 50% Max: 4.41%
MSTR is well prepared for a BOOM season -- may retest 450 soon!MSTR has corrected extensively since peaking at 450 range last July. Now, LONG POSITIONS has started accumulating at the current price range based on daily metrics.
Significant net buy volume has been registered -- almost overtaking average numbers this past few days. This a definite sign that a new base is currently being cemented for a new ascend movement soon -- for the long term.
It is currently bouncing off a 78.6 FIB level with precision - a major order block support.
Expect some significant upside volatility from the present levels.
Spotted at 325.0
TAYOR.
Safeguard funds always.
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SOME RELATED NEWS:
MicroStrategy Bought 5,445 Bitcoin for $150M Since August
The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.
By Shaurya Malwa
AccessTimeIconSep 25, 2023 at 8:25 p.m.
Updated Sep 26, 2023 at 12:40 a.m.
Software developer MicroStrategy (MSTR) purchased nearly $150 million worth of bitcoin (BTC) between Aug.1 and Sept.24, it said in a Monday regulatory filing.
"MicroStrategy, together with its subsidiaries, acquired approximately 5,445 bitcoins for approximately $147.3 million in cash, at an average price of approximately $27,053 per bitcoin, inclusive of fees and expenses," the company said in the filing.
MSTR returns to a bullish status ? What a hype on the tech values !
After a correction and a consolidation materialised by the range, MicroStrategy will return to a bullish status ?
My idea is the following :
- Technically, we have break the most important Fibonnacci's value : 61.8%
- Fundamentally, all economic figures are in green (inflation decreases, rates too).
That's why I will trade this stocks by waiting the pull-back on 61.8% with the following inputs :
- SL just below 50%
- TP #1 is 100% of Fibonnacci movement.
- TP #2 is the all time high
This is a short-term trade as a swing position - not an investment idea.
Take care GUYS !!
MSTR : 100% retracement done , now time to move upThis is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618. Have fun!
Opened (IRA): MSTR October 18th 119 Monied Covered Call... for a 110.75 debit.
Comments: I don't do a ton of single name in my IRA, but with earnings in the rear view and 30-day IV at 81.7%, taking a "poos and giggles" trade here, selling the -75 delta call against shares to emulate the delta metrics of a +25 delta short put, with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 110.75
Max Profit: 8.25
ROC at Max: 7.45%
50% Max: 4.13
ROC at 50% Max: 3.72%
Main Focus List Review 9-10-24 13 minutesGoing over our Main Focus list looking for A+ setups and how we can position for the upcoming CPI tomorrow.
BitCoin Update - Pre NFPTaking another look at these charts. Probably wont do another BTC update until something new happens.
Main Focus List REview 9-4-24 6 MinutesGoing over our Main Focus list looking for setups and A+ trade opportunities.
Nvda to $82Chart says it all, based on technical analysis.
This is not a financial advice for anybody.
Is Michael Saylor in prison yet? MSTR SELL SELL SELLA fool and his money are soon parted, the problem is, it's NOT HIS MONEY he's gambling with!!
What kind of irresponsible ceo gambles with investor funds and borrows money to buy Shitcoin? Shitcoin will go to ZERO! When the margin calls come and MSTR is insolvent Saylor will be charged criminally. Stock is garbage like Shitcoin
MSTR Top 10 SPY Company in 2025.
Michael Saylor has taken the all in method in accumulating Bitcoin and allowing large institutions to front run the cheap credit cards using senior convertible debt bonds.
He bypassed the SEC regulations and jumped in front of BlackRock. Now Blackrock late to the party is slowly allocating global pension funds to the IBIT fund while the recessions fear spreads in the market.
Bitcoin has been in a sideways accumulation period for 6.01months, the last time Bitcoin has been in a sideways accumulation this long was in late 2012-2013. When the market turns around and comes to reality that Institutions are allocating for the next decade and aren't planning on selling the Bitcoin price will start to run harder than 2017-2020 combined.
MSTR - Will become the Berkshire Hathaway of Bitcoin's world.
MSTR owns 266,500 Bitcoin
Blackrock owns 357,771 Bitcoin
Fidelity owns 179,267
Its pretty clear retail are making the biggest mistake in the market cycle drip feeding the Bitcoin like its not about to be repriced over $200,000.
And its clear why Michael Saylor stock split MSTR.
When does the market turn? my guess is when Blackrock get the options approved on their Spot ETFs. Once this is initiated it will allow them to essentially rob the blind who short Bitcoin and they will start rising allocations betting on their fund and using the profits to buy even more Bitcoin. Welcome to Wall Street Bitcoin.
Main Focus List REview EXT 8-26-24going over our Main Focus list looking for clues the market left as to where it wants to go. looking for setups and those with RS to trade vs the weak. Extended Hours REview 8 Minutes.
Main Focus List Review RTH 8-23-24Going over our main focus list looking for clues as to what the market wants to do. today is Jackson hole. size down. no A+ trade setups no trades for us today. less is more.
MSTR August 16, 2024: Expecting A New Buy PointDuring the last 10 sessions (August 5 to 16, 2024) NASDAQ:MSTR has been attempting multiple time to move up a resistance of $140 without success.
Therefore, a decisive move up $141 and closing above it EOD would be a valid buy point.
Whether it will happen or not, depends on BINANCE:BTCUSDT , which I also posted a buy point in the related ideas section a few days ago. A buy stop order was placed but still not triggered so far.
