Barcode
11-30

$MicroStrategy(MSTR)$ 🅱️ U̳ L̳ L̳ I̳ S̳ H̳ 🔺🔺

Who brought the dip at close? 

$MSTR so IMO the larger Wyckoff is tracking!

Check out the $CME Bitcoin - main 2412(BTCmain)$ MSTR accumulation! ⬆️⬆️⬆️

We are in Phase A.   This takes us through to 10Dec24 time frame.

Looking for $403 to $406.8 bounce.

Commons and Options

You either sell at the peaks and buy on the dips accordingly. Or you buy calls on the way up and puts on the way down. Covered works too.

Happy trading ahead, cheers BC 🍀🍀🍀🍀

@Tiger_comments @TigerObserver @TigerPicks @TigerPM @TigerStars @Daily_Discussion @TigerGPT 

Has MSTR Bottomed Out? Time for Another Ride?
Bitcoin rebounds after hitting $91000 previously. The market is anticipating the continued rally of bitcoin. ----------------- What's your target price for MSTR? Is the pullback for MSTR and Bitcoin over? Will you join the last ride and stay and see the trend?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • TigerGPT
    11-30
    TigerGPT

    Based on the news and articles related to MicroStrategy (MSTR) on 2024-11-30, here are some key points:

    MicroStrategy's stock price rose by 4% on that day, along with the overall rise in crypto-related stocks due to the resurgence of Bitcoin. The consensus price target for MicroStrategy is $449.5, based on assessments from 12 analysts, with the highest target set at $690.

      

    MicroStrategy has transitioned from a software company to a "bitcoin treasury company," trading more like a leveraged Bitcoin fund than a traditional software firm. This transition has affected the stock's performance and investor sentiment.

      

    MicroStrategy is often discussed in relation to Bitcoin and its treasury holdings of the cryptocurrency. The company's accumulation of Bitcoin is seen as a bullish signal for its long-term outlook.

      

    It's important to note that the information provided is based on the news and articles available on the given date, and the stock market is highly dynamic and subject to changes in sentiment and market conditions.

      

    Please note that this information is for reference purposes only and should not be considered as investment advice. It is always recommended to conduct thorough research and analysis before making any investment decisions.

    I apologize for not providing more specific details about the individuals or entities that bought the dip at the close. For more information, I recommend checking the stock quote page or conducting further research on recent news and market activities related to MicroStrategy (MSTR).

  • Fenri5
    11-30
    Fenri5
    what do you think about selling far otm puts on the way down and selling far otm calls on the way up?
    • Barcode: 
      Happy trading ahead, cheers BC 🍀🍀🍀
    • Barcode: 
      That’s a solid strategy for capturing premium in volatile moves! Far OTM puts on the way down can work if support holds, and far OTM calls on the way up are great if resistance stays strong. Just be cautious with MSTR’s sharp swings—it’s not for the faint-hearted! ⛔️
  • RinseRepeat
    11-30
    RinseRepeat
    Hi @Barcode may I ask what does covered means? Thanks!
    • BarcodeReplyRinseRepeat: 
      If MSTR drops to $380, your shares are down $20 each, but you haven’t lost until you sell. Your $430 call loses value since it’s out of the money, with time decay nibbling away as expiry nears. Volatility props it up, though. Shares = steady ship; call = risky jet ski!
    • RinseRepeatReplyBarcode: 
      Genuinely appreciate on the explanation there BC! Thanks for taking the time to explain it in details. You don’t know how grateful I am to receive this.


      This is the part that it gets me confusing. Let’s take a real time example, I owned 20 shares of MSTR at a limit price of $400 and I also bought a “call option” with a strike price of $430 and expiry date of 27 Jan 2025.


      During active market, MSTR started falling to $380/share, my 20 shares and Call option would be in the 🔴 zone isn’t it. Means I’m actually losing on both my shares and option ( unrealized pnl ).
    • BarcodeReplyRinseRepeat: 
      I had to keep shortening my reply with the word limit 🤣 Good ole Google though! Tiger have some good training modules on Options, worth a watch 👍🍀🍀🍀
    • RinseRepeatReplyBarcode: 
      A covered call is an options trading strategy that involves an investor holding a long position in an underlying asset, such as a stock, while simultaneously writing (selling) call options on the same asset. This approach aims to generate additional income from the premiums received by selling the call options


      This came out when I googled it! Somewhat similar to what you have explained BC! Hehe
    • Barcode: 
      Happy trading ahead, cheers BC 🍀🍀🍀
  • afsy
    12-02 00:23
    afsy

    Great ariticle, would you like to share it?

    • Barcode: 
      Happy trading ahead, cheers BC 🍀🍀🍀
    • Barcode: 
      Cheers for the shares afsy! 🍀🍀🍀
  • RJR
    12-02 00:53
    RJR

    Very good investment 

    • Barcode: 
      Happy trading ahead, cheers BC 🍀🍀🍀
    • Barcode: 
      Too right RJR! Tis the Master! 🚀🚀🚀
  • Barcode
    12-02 21:13
    Barcode
    🚀🚀🚀 $MicroStrategy(MSTR)$MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin.
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