MSTR: sold 100 shares of MSTR at $400 as part of short call being exercised when it expired in the money on 11th July.
MSTR closed strongly at $434.58 and up 7.57% for the 3rd consecutive week.
Decided to not roll the short or close it outright as I've had decided to take up the short and get assigned.
BTC is at all time high within the $118k zone and is also bullish alongside the stock market.
Won't know how much higher it could go and they might still be additional bullish momentum to continue pushing BTC and MSTR higher unless a reversal catalyst is able to break the momentum and turn bearish.
For now, I'll be selling sold puts to try purchase back the shorts at holding cost or lower.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Merlin Spear·2025-07-12US tarrifs. Many institutions, esp China will go bitcoin.LikeReport