MSTX offers weekly options now. I sold covered calls at a strike price of 320 that expire next week on the 29th. Get this! The premium I got was 4.54 cents. Thats crazy. I can't see MSTX going passed 320 by Friday.
Just subscribed. Great info. Question, as I'm still learning. So I own mstr shares. But have been diving into mstx and MSTU more. On Friday I made almost 3k. Took profit. How does mstx work. Is it only meant for day trading or can you actually hold for a few days? Do you have a video on any of this?
Yea i have a video on $mstx daily reset, you can find it in my previous posts. Thanks for subscribing! But basically to anwser ur question, yes best to day trade or if you can predict multi back to back green days in $mstr
It will definitely go above 200 easily and more; this correction is needed. It might pull back to 60-80, which is a golden opportunity to add more. If I were you, I would be selling options on your shares. I'm not sure if you know or not, but you can add an easy 10% a week extra since the premiums are so juicy.
So you are ok with holding this? I know you did a video a while back explaining what this was and said people were dumb to buy and hold this? I guess holding in a bull market makes sense with this but if we were to chop or be in a bear market not good
Hey man, youre killin it bro. You trade mstx, i traded mstx but switched to mstu Why did you stick to mstx? Also, i sold half mstu at 300 and put that into mstx. Made 25k in and hour lol. And it all traded so nicely
Honestly no reason other than price, $mstx is a little cheaper but it doesn’t matter really cause end of day we are trading for percentage but if effects psychologically slightly. Good job on the trade!
The transparency is appreciated. But you are getting short term pain on this trade. You are stuck in this trade. Sitting 142 on a current 108 market trade. You took on long term ape in trade strategy FOMO on a short term intention.
MSTX offers weekly options now. I sold covered calls at a strike price of 320 that expire next week on the 29th. Get this! The premium I got was 4.54 cents. Thats crazy. I can't see MSTX going passed 320 by Friday.
That’s insane
You could always sell puts until the price comes in, and adjust the strike once the price gets closer to the moving average.
true but that money gets locked and opportunity cost gets to me
@@RetireNowDividendswym money get lock?
Switched from MSTU over to MSTX last week
Why
@@chasingzeroscrypto150more gains
Just subscribed. Great info. Question, as I'm still learning. So I own mstr shares. But have been diving into mstx and MSTU more. On Friday I made almost 3k. Took profit. How does mstx work. Is it only meant for day trading or can you actually hold for a few days? Do you have a video on any of this?
Yea i have a video on $mstx daily reset, you can find it in my previous posts. Thanks for subscribing! But basically to anwser ur question, yes best to day trade or if you can predict multi back to back green days in $mstr
@@RetireNowDividends how long does it take for decay to take affect? My avg mstx is $130. Is it okay to hold for a few weeks?
It will definitely go above 200 easily and more; this correction is needed. It might pull back to 60-80, which is a golden opportunity to add more. If I were you, I would be selling options on your shares. I'm not sure if you know or not, but you can add an easy 10% a week extra since the premiums are so juicy.
Opportunity cost gets to me I would rather be liquid and try to make back the gains
Thoughts now at 80$
Bought
its a good price, $MSTR seems to have settled down, but if BTC drops to low 90's it would get bad
So you are ok with holding this? I know you did a video a while back explaining what this was and said people were dumb to buy and hold this? I guess holding in a bull market makes sense with this but if we were to chop or be in a bear market not good
I lost 50k follow up video coming up
@@RetireNowDividendscan holding in bull market still be okay?
Hey man, youre killin it bro. You trade mstx, i traded mstx but switched to mstu Why did you stick to mstx? Also, i sold half mstu at 300 and put that into mstx. Made 25k in and hour lol. And it all traded so nicely
Honestly no reason other than price, $mstx is a little cheaper but it doesn’t matter really cause end of day we are trading for percentage but if effects psychologically slightly. Good job on the trade!
@@RetireNowDividendshow was the dip
Are you still diamond hands or did you sell. I averaged down to 102 avg on mstx.
check my latest videos
The transparency is appreciated.
But you are getting short term pain on this trade. You are stuck in this trade.
Sitting 142 on a current 108 market trade.
You took on long term ape in trade strategy FOMO on a short term intention.
I took a loss 50k