0.00Open28.00Pre Close0 Volume4 Open Interest65.00Strike Price0.00Turnover325.65%IV-3.64%PremiumDec 6, 2024Expiry Date31.51Intrinsic Value100Multiplier3DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9185Delta0.0052Gamma3.00Leverage Ratio-0.6462Theta0.0049Rho2.75Eff Leverage0.0134Vega
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
102 : I feel sorry for you guys getting used like that. Keep throwing in money for sailor man.
10baggerbamm : that's not why it fell it fell because there was a short seller report if you go back and look at the peak of the stock a little over a week and a half ago you'll see a short seller report that broke the back of all the momentum that was into the stock. historically microstrategies Bitcoin holdings traded about 2X when the stock was running it traded an excessive 4X. that's like walking up to somebody and go hey look I got Bitcoin in my wallet it's $96,000 how about paying me $370,000 for it and it's a deal. I know this discounts what Michael Saylor is doing by selling the volatility every day I get that and I understand he's making $500 million dollars a week when Bitcoin was $99,000.
10baggerbamm : pt 2
I listen to the interview and I get that he's making 10 to one on his money on the convertible preferred that are sold in the past week and a half and that even if Bitcoin falls to 70,000 he still makes two to one. the problem is momentum is broken and it's going to take a significant movement to the upside of Bitcoin well and excess of 100,000 like 110 115 to trigger another rally even remotely close to the old highs it's going to require people to be looking forward and going we crossed 100 no problem now 200 is in the cards. however I will issue this word of caution. Trump contradicted himself. he came out over the weekend and said that brick countries will not abandon the US dollar that they must continue doing business in the US dollar . they cannot create their own new currency to do business in that new currency incidentally is backed 40% by Bitcoin that's what brick countries wanted to do. so that's the first contradiction because Trump backs Bitcoin. the second contradiction is if Trump creates a strategic reserve for Bitcoin in the United States that's an alternative to the US dollar. so now he has put himself behind the eight ball because if he creates a strategic reserve bad in effect is an alternative to the US dollar which is Bitcoin. but in the same breath he's prohibiting brick countries from abandoning the US dollar so that they don't buy and sell oil in their currency and not the Petro dollar.
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