I closed
$MSTR 20241220 300.0 PUT$ ,
MSTR: collected full premium when this cash secured puts expired worthless on 20th Dec.
MSTR is down almost 11% this week when BTC is down only 7.5% for yet another week of weaker performance against BTC.
Suspect valuation multiples contraction will persists until it settles to a lower level.
One can be bullish on BTC and yet bearish on MSTR.
Saylor is a great visionary and I acknowledge that. Haven't jump into the Saylor camp yet.
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