I opened
$MSTR 20241129 620.0 CALL$ ,
MSTR: collect 2.9% premium on this covered call with strike at $620 which is 42% higher than current market rate.
Contracts expires in 7 days on 29th Nov so it's a short term trade to capitalise on its high IV and far out of the money.
MSTR are still impacted by its large bearish reversal candle with high of $543 formed on 21st Nov and until it's broken, remained the resistance level for the counter.
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