Replying to Avatar El Zeta

How does this trade work? Asking for a dumb friend lol
Avatar
DRE 9mo ago

STRK is preferred share that pays $8/share and is also a perpetual call option on MSTR common stock

You can exchange 10 STRK for 1 MSTR, which at current prices it would make sense to convert when MSTR is over $823. While you wait you collect $8/share which is somewhere between 9-10% yield.

Get good upside and less downside.

Reply to this note

Please Login to reply.

Discussion

Avatar
El Zeta 9mo ago

This great info! I really do need to study on fix income markets and start trading a bit

Avatar
DRE 9mo ago

STRK and STRF definitely have their place if you want to manage volatility or if you’re retired

Avatar
El Zeta 9mo ago

Makes sense in order to make some yield 👌

Avatar
DRE 9mo ago

Yep, you sacrifice upside for steady income.