So every convertible bond issuance is an automatic short sale, just the size is dependent on the delta? Both the ATM and convertible notes should move the price down?
This guy is an options savant.
🧡🍻👊🏻
#MSTR
#MSTU #MSTX
Read the whole post here:
https://x.com/benwerkman/status/1859812256206422375
So every convertible bond issuance is an automatic short sale, just the size is dependent on the delta? Both the ATM and convertible notes should move the price down?