everything about MSTY is retarded
MSTY does not hold MSTR shares so it will not participate in BTC upside. It holds cash secured options
MSTY will slowly decapitalize itself as it pays out profits
If you want to play with options then own MSTR and sell options via covered calls or sell put options at prices you want to own the stock.
Always roll any premiums from options into spot BTC
Also measure your performance against BTC so you don't trick yourself into thinking you are being clever.