25.40Open25.40Pre Close58 Volume0 Open Interest130.00Strike Price145.78KTurnover497.03%IV20.11%PremiumNov 29, 2024Expiry Date1.07Intrinsic Value100Multiplier4DDays to Expiry25.93Extrinsic Value100Contract SizeAmericanOptions Type-0.3979Delta0.0055Gamma4.55Leverage Ratio-3.2869Theta-0.0091Rho-1.81Eff Leverage0.0546Vega
JoshCarter4 : I’m not sure I understand your question.
This financial instrument is basically going to move 2x MSTR’s price movement. So if MSTR goes up $1, you’ll get $2. Essentially allowing you to trade MSTR with 2x leverage.
digimonX : I have seen some pple explain that it is up to 2x (I don't remember where I saw it). So, it is not always exactly 2x. This was why last Fri's price movement was less than 2x most of the day.