MSTR: collect 0.75% premium on this cash secured put with strike at $400.
Contract expires next Fri on 25th July.
MSTR continue his Bullish rise for the 2nd week as BTC continue to make new all time highe. The BTC however had touched $123k on Monday before retracing lower to close at $120k and now at point of writing trading at $117k potentially forming a topping tail at the peak of the chart.
Still immature to call it reversal, but maybe starting to form with profit taking a possibility.
This trade is a bearish trade as I was using it to close up my nett short positions after selling short calls at $400 the week earlier and got assigned.
I'm targeting for BTC and by proxy MSTR to have its consolidation or short term reversal before continuing its bullish ascent over long term.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 3.00 1Lot(s) | -- Closed |
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- AL_Ishan·2025-07-17only 0.75% til next friday?LikeReport