To The Moon

$MicroStrategy(MSTR)$ $Defiance Daily Target 2X Long MSTR ETF(MSTX)$ $T-Rex 2X Long MSTR Daily Target ETF(MSTU)$ $YIELDMAX MSTR OPTION INCOME STRATEGY ETF(MSTY)$ 

🚀📈📊 ETF Power Plays: MSTX, MSTY, and MSTR in Action! 📈🚀

Kia ora Tiger traders!

It’s a volatile yet rewarding time to dive into the ETF world, and $MSTX, $MSTY, and $MSTR are front and centre. These ETFs are levered to stock performance, with juicy dividends and options strategies offering both income and trading opportunities. Let’s break them down into actionable insights.

🔑 Key Observations & Strategies:

1. MSTX (Defiance Daily Target 2X ETF):

• 📉 Current Price: $53.02 (-17.10%)

• 💰 Dividend: A rare opportunity for income hunters!

🟢 MSTX Fund Composition:

• 12.44% in FGXXX (First American Government Fund Cl X)

• 7.58% in $MSTR (MicroStrategy), tying MSTX to Bitcoin volatility.

Strategy Insight: Perfect for selling covered calls to hedge volatility, leveraging the dividend for income while targeting $60+ in a bullish recovery.

2. MSTY (YieldMax MSTR Options ETF):

MSTY’s portfolio is predominantly weighted in cash and cash equivalents, accounting for 97.52% of its net assets. This provides a strong base of stability, even as the fund leverages high-yield strategies. The ETF also holds options tied to MicroStrategy ($MSTR) stock, including call options with strike prices of $377.50, $392.50, and $425, all expiring in early 2025.

In addition to its options exposure, MSTY invests in U.S. Treasury bills and the First American Government Obligations Fund, adding a layer of safety to its aggressive growth potential. This unique composition ties MSTY closely to $MSTR’s price action, making it a high-leverage play for traders looking to benefit from Bitcoin’s volatility while appealing to both risk-tolerant and income-focused investors.

• 📉 Current Price: $27.48 (-6.75%)

• 💸 Dividend Yield: A staggering 133.48%!

🔑 Key Trends:

Resistance: $30 ~ reclaiming this level unlocks upside.

• Support: $27 – a breakdown below could signal more pain.

🔍 Tactical Tip: 

MSTY’s leverage to $MSTR makes it a bold choice for traders looking to capitalise on Bitcoin-driven moves, with dividend payouts acting as a safety net.

3. MSTR (MicroStrategy):

• 📉 Current Price: $302.96 (-8.91%)

• 📈 Support: $300 – a critical psychological and technical level.

🏹 Trend Analysis: 

Entering the Spring phase and approaching the gap-fill area. The chart pattern has played out perfectly. Buyers are likely to step in now or on 2 Jan 2024 to hold through January and February without triggering tax-loss implications.

Testing the $300 psychological level with potential for an upside breakout.

Good Support at: $323.40

Breakout Level Needed: $333.10 for...

🔵 Mid-Resistance: $344.80

🟡 Gold Lower Band: $323.00 - $306.50

📉 Gap Range: $294.70 - $283.00

Fact: 

MicroStrategy is effectively a Bitcoin ETF, holding over 152,000 BTC and leveraging its volatility.

📈 Capital Flow Insight:

Leveraged ETFs like MSTX and MSTY are magnets for short-term capital flows, especially as traders navigate Bitcoin’s unpredictable swings. Institutional activity indicates strong speculative interest, with high options volume.

💬 Analyst Quotes:

“MSTX’s dividend payout is unmatched, it’s a no-brainer for income-focused traders with an appetite for volatility.”  Sarah Denton, ETF Specialist.

“MSTR’s $300 level is critical. A break lower could scare the market, but the Wyckoff Spring has a history of delivering explosive results.” Alan Fisher, Crypto Analyst.

💡 Pro Tip:

ETFs like MSTX and MSTY shine brightest when used for covered call strategies. This approach ensures steady income while mitigating risks from sudden volatility swings.

Hey Tiger Traders, are you bullish on MSTX’s dividends or betting on MSTY’s leverage for a bigger upside? Let’s hear your take!

TigerGPT, with MSTX and MSTY’s heavy correlation to $MSTR and Bitcoin, which do you think will outperform in Q1 2024?

📢 Please Like, Repost, and Follow me for sharp setups, stock trends, and actionable insights 🚀📈 I’m all about spotting the next movers and sharing strategies that deliver results! Let’s trade smarter and grow together!

Happy trading ahead, Cheers BC 💹🍀🍀🍀

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