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It was the confluence and mean reversion - trend did not flip until a few mins later but I could see it coming.

I use Arb Cloud to find the Arbitrage oppt between BTC and MSTR. And I use IADSS to pinpoint the time to pick the top. It was on the 1 min chart - i use the 5 min to find opptys during the day and zoom into the 1 min chart to find the striking point.

Without these tools it would be guesswork.

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Anonymous

Dear James, you are speaking WAY over our heads but I'm glad someone in the community can use this info and tutoring.

Anonymous

I like the arb cloud but no way to swap between securities and BTC. Different platforms plus settlement times for stock sale.

Anonymous

James how are you swapping securities quickly andy efficiently? All my $MSTR in on E*trade pro and BTC on ledger or exchange.

Anonymous

Im looking into this myself, need to study so i dont end up losing bitty through bad trades! Read on discord from others, theyre using etoro and fidelity to swap out btc to btc proxies easily.

Anonymous

Also on Sofi

Anonymous

Well I made profit at $289 still good enough for me. Waiting for it to dip and buy back in again

JE

Impressive stuff, however I'm an idiot who just does regular trades in and out of assets(options, calls and puts are beyond me) so I couldn't make heads or tails of your recent maneuver with Microstrategy. A layman's terms summary on occasion would be much appreciated, even if only a sentence long. Love your work James

Anonymous

Precision Stike Force Initiated!

InvestAnswers

Call option prices tend to increase when the underlying stock is volatile because higher volatility increases the likelihood that the stock's price will move significantly in the future, which makes the option more valuable. When a stock is volatile, it means that the price is changing rapidly and unpredictably, making it more likely that the stock will move beyond the strike price of the call option. A call option gives the holder the right, but not the obligation, to buy the underlying stock at a predetermined price (the strike price) before a certain expiration date. If the stock price increases significantly above the strike price, the holder of the call option can exercise their option and buy the stock at a lower price, then sell it at the higher market price, making a profit. Therefore, when the stock is volatile, the likelihood of the stock price moving beyond the strike price and resulting in a profitable trade for the option holder increases, making the option more valuable. This increased value is reflected in the higher price of the call option. This is when I sell them.

Anonymous

“I know half of everything and half of nothing,” that’s me personally. when it comes to investing. James, can get deep on investing. And I have to stop and start googling. Lots of knowledge at different levels. Im here to listen and learn.

Anonymous

Or $300 is an obvious psychological round number, and 9/10 would have guessed that as a local top. Also a 1.5% dip is now “nailing the top”?

Anonymous

Tastyworks has the best tools and also offers BTC (long only, just like the rest)

Anonymous

Also food for thought. The 2 day volatility expected move currently sits at $15.

Anonymous

thank you sir! Sold it last week instead then I saw it start creeping up however profit is profit..your lessons have taught me well. much appreciated always!

Anonymous

Is Tesla a buy at $185 ?

Anonymous

Right now I would sell covered calls against MSTR if I had not already done that against most of my MsTR position a month ago. Let’s see how the next 3 weeks pan out. It’s been relatively flat for months.