44.68Open44.68Pre Close0 Volume1 Open Interest171.00Strike Price0.00Turnover241.72%IV2.02%PremiumNov 29, 2024Expiry Date42.07Intrinsic Value100Multiplier4DDays to Expiry2.61Extrinsic Value100Contract SizeAmericanOptions Type-0.8313Delta0.0076Gamma2.89Leverage Ratio-0.9681Theta-0.0153Rho-2.40Eff Leverage0.0348Vega
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.
RiotMaraMan OP JoshCarter4 : So....if MSTR goes up by 400....MSTX should be up by 2X = 800 ?. or how much will MSTX price be then?
RiotMaraMan OP digimonX : I believe that MSTX is always half the price of MSTR. If MSTR goes up by 2 dollars...then MSTX will go up by 1 dollar....2x leverage. Not the other way round.
digimonX RiotMaraMan OP : Don't think so. Look at the price action now.
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