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From March to November you were able to easily acquire $10,000 for any 100 shares of #MSTR you own without selling. The contract a few months out with a high strike expires so you keep it. This is the infinite money glitch for those who own #BTC

You do not sell bitcoin. You sell *against* bitcoin.

nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc

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Discussion

gojiberra 1y ago

i find it too nerve-wracking to do this... i wish i could model the behavior to have the confidence to do this. but haven't sat down and drawn up a spreadsheet.

i assume when the MNAV is jumping much higher than 2.1 is a good time to sell covered calls and MNAV lower than 2.1 is a good time to buy them back. but so many variables it seems impossible to make a model that is better than "buy and hold".

i'm sure somebody with a gigabrain is able to do it. the best person RN that i try to monitor for this is Punter Jeff and Ben Werkman on twitter.

Riggs 1y ago

Plenty of signals to use for selling the covered calls on #MSTR. Definitely not now, but on any leg up it’s even easier if the expiration is only a few weeks out. The premium generated can be scaled into MSTX and BTC to hit all sides of the trade while gaining more #bitcoin exposure. It’s a win-win.