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.
This great info! I really do need to study on fix income markets and start trading a bit
Please Login to reply.
STRK and STRF definitely have their place if you want to manage volatility or if you’re retired
Makes sense in order to make some yield 👌
Yep, you sacrifice upside for steady income.
