13.95Open16.65Pre Close1.06K Volume454 Open Interest355.00Strike Price1.17MTurnover141.10%IV9.62%PremiumDec 6, 2024Expiry Date0.00Intrinsic Value100Multiplier4DDays to Expiry11.30Extrinsic Value100Contract SizeAmericanOptions Type-0.2920Delta0.0062Gamma34.49Leverage Ratio-2.5605Theta-0.0125Rho-10.07Eff Leverage0.1352Vega
102514703 : Continuously selling stocks, not being short sold, but being sold by the management themselves, with no buyers, waiting to die.
TechWhiz : mstr price weak because saylor moon could be selling now. He got another usd12bn atm to use.
think he wants to quickly get as many btc as possible using atm before Jan 20.
after that, he can issue more debt as his ratio is 25% debt against btc holdings. let's say he gets to 500k btc which is doable, then if btc goes above 100k , he will have 50bn x 25% = 12.5bn capacity for debt.
currently about 4bn so can issue about 8bn debt.
21/21 could be done by end 2025. wow