59.11Open59.00Pre Close2 Volume7 Open Interest175.00Strike Price11.37KTurnover494.98%IV6.58%PremiumNov 29, 2024Expiry Date46.07Intrinsic Value100Multiplier4DDays to Expiry8.48Extrinsic Value100Contract SizeAmericanOptions Type-0.6093Delta0.0054Gamma2.12Leverage Ratio-3.1335Theta-0.0159Rho-1.29Eff Leverage0.0551Vega
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.