nostr:nprofile1qqst0xtvrqlqxm0j0qpfgkuqh0wgkzl4judkvgdgd0e4d8pnyytlqlgpzpmhxue69uhkummnw3ezuamfdejszynhwden5te0danxvcmgv95kutnsw43q9fhxek how are you thinking about the MSTR covered call products coming onto the market? MSTY and IMST? Think they can sustain the dividends?

Feels like these products are absorbing a fair amount of the capital that used to flow directly into bitcoin. Doesn’t surprise me that Bitcoin isn’t ripping since you have all of these derivative products now offering various ways to get exposure to bitcoin without the direct (volatile) exposure to the underlying asset.

Reply to this note

Please Login to reply.

Discussion

I don’t care for such products.

Not a fan of covered calls or MSTR covered calls?