$Strategy(MSTR)$
I was lucky enough last spring to purchase my first stock ever. It was MSTR. And boy did that open the door for me to this game of trading. I've learned a lot, but have so much more to go. I rode it to it's high, then back down. Didn't really have a clue as to when to actually sell.
In your scenario, when do you decide to buy puts?
Second question. I've been thinking about $YIELDMAX MSTR OPTION INCOME STRATEGY ETF(MSTY)$ a lot. I have btc and mstr. Please pick this idea apart.
Buy long dated MSTY calls at a strike of $20 or so.
Buy MSTR for the ride up soon.
Obviously hard to call the top, but take some of the gains and exercise the MSTY calls allowing one to get more MSTY shares than you could DRIPING on the way up.
Any suggestions or other ways to lock in a lower MSTY share price yet take advantage of the MSTR growth?
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