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re: Anyone buying MicroStrategy Inc (MSTR)?

Posted on 3/13/24 at 6:53 pm to
Posted by thatguy777
br
Member since Feb 2007
2393 posts
Posted on 3/13/24 at 6:53 pm to
I have been buying vertical call spreads on this for a bit now. Keep adjusting and currently in the 4/12 2000/2200 spreads that would pay me 71k if over 2200 on April 12. Some guy bought the 2500 4/12 calls last week for total of about 19 mil. More than doubled up now and still holding strong. I’ll likely close when that guy closes. Love it.
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 3/13/24 at 6:58 pm to
quote:

Some guy bought the 2500 4/12 calls last week for total of about 19 mil. More than doubled up now and still holding strong.


Jesus.

I am actually thinking about closing out my position tomorrow. I don't understand why it is trading at such an insane premium which is why it's being shorted to death.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 3/13/24 at 8:28 pm to
Damn, definitely not that big of a roller. I felt pretty good about my two $450 Dec 2025 calls that cost me $8000 each now up ~1,700%
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