Long MSTR 1200 - 1000 puts

2024年3月12日

Buying a MSTR puts with 1 - 2 months on them with strikes scatted from 1200 - 1000.

We've recently hit the 4.23 - which is a very common move for the end of an extreme extension.

Coupled with the various possible rug setups in crypto I fancy the odds of a big reaction here.

2024年3月18日

ノート

Major decision area here.

Stops trailed on entries from high to even. Would want out if there was a low made in this area. If we can break the pending support zone we're in I think we'll see a quick move down to 1150.

2024年3月19日

ノート

As things stand this looks set to open quite close to the break target above.

Will be proactive trailing stops and locking in profits if we open 10% down as implied by the out of hours trading.

Will remain short - but will lock in profits with trailing stops. 25% drop in a day on puts isn't to be sniffed at.

But this might just be the break.

2024年3月19日

ノート

Retracement would end around here if we're in a strong bear trend.

2024年3月20日

ノート

Unspeakable things would happen to this MSTR chart if BTC made the breaks spoken of in this post:

2024年3月21日

ノート

COIN could make a similar move.

2024年3月21日

ノート

Shorting common in MSTR and replacing the puts I hit trailing stops on near the lows.

2024年3月21日

トレード稼働中

1090 next downside target if it works.

2024年5月2日

ノート

MSTR now 50% off the high.

And this is when BTC is only just making the first break of 60K.

Sheer chaos to come in this if the BTC break develops further.