MSTR Hedge Update (Patreon)
Published:
2024-02-09 16:06:11
Imported:
2024-02
Content
Hey everybody, as you know last yesterday I did hedge 1/3 of my MSTR position. I sold the $600 calls for $44..
Stock at the time was $577
Since then MSTR shot up to 627 up $50 - while the option I sold against 1/3rd of my bag is now $69 a $25 dollar rise.
Per the ARB Cloud MSTR still above
My underlying has gone up $50 while my hedge only $25. I have not covered yet - my plan was to wait to see if it his $644 and then I will consider it. At that time the position has intrinsic value for what I sold it for and time value depletes.