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I bought MSTR as I signalled I would yesterday

I got it at $580 was waiting for it to turn.

I sold the 580 Puts for Dec 2025 and bought the 580 Calls - Net Debit $44.51 (yes options are v expensive. Breakeven is $625 - Arb Price is $656 at least.

We could face more sell pressure and this may not be the bottom.

That being said it was $728 a few days ago... where I hedged it

This is my first MSTR buy in a LONG time due to the ARB per my models.

This is what I am talking about per the ARB CLOUD

Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

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Anonymous

I’m down a lot on my MSTR Jan 19 put vertical spread since the stock went down so much. James, when do you think it will go back up?

Anonymous

Hi James, if you read this later, could you please add the 'Zoom+' feature to the above MSTR chart to better see (amplify) details? Deeply appreciated.