🌟🌟🌟A Doomsday Call is an ultra speculative deeply Out of the Money (OTM) call option purchased on a hyper volatile highly leveraged stock.
In the case of $Strategy(MSTR)$ , it experienced a sharp macro driven correction that systematically crushed the hyper leveraged options chain, dragging the stock down by nearly 10% in its latest session. In the process, it executed a total irreversible 100% capital wipeout on the Doomsday call contracts.
@Tiger_comments @TigerStars @Tiger_SG
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