I opened
$MSTR 20241122 600.0 CALL$ ,
MSTR: collect 1.15% premium on this naked call on MSTR with strike at $600 which is about 20% higher than peak of $500. Looking at $500 as temporary resistance and not likeLy to reach $600 before end of the week 22nd Nov.
if it ever breach $600 by Fri, happy to take this as new short positions to improve my short average. All shorts are high risk, and shorts on highly volatile crypto linked stocks adds another layer of risk too.
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Comments
$600 feels like a safe enough cushion with MSTR cooling off a bit. But man, these crypto-linked stocks are like wildcards, right? If it breaches $600, sounds like you're ready to roll with it. Good luck hahaha