MSTR

Gilly8086

Are you missing something? MSTR was up 26% the day after earnings!!

BadBoyBilbo

It’s likely that the BTC dump was engineered to coincide with MSTR earnings. Can one of the actual autists in the thread forensically investigate the mechanics and options flow around this hypothesis and get back to me?

snek-jazz

I've owned significant bitcoin since it was double digit prices, and trading MSTR since it was 10x lower than it is now. The time spent to get me to those positions was the most lucrative time I ever spent. What exactly is mythical about this?

n1ck90z

MSTR makes no sense to me

randomquartile1

Sold my MSTR puts for a loss as corn was going up.

NewComplaint2065

surely MSTR will go down on monday right

SnooLobsters6940

Saylor doesn't understand it either. ;) There is nothing to understand. This is a huge, leveraged bet. Nothing more, nothing less. Bitcoin, like fiat and many other things, is all based on belief. As long as sufficient people believe in Bitcoin, it goes up. These last few months, many people stopped believing. And because it is a leveraged bet, the loss of belief hit MSTR much harder than it hit Bitcoin. That's all there is to understand. "Bet", "Belief".

gregsting

MSTR shareholders being part of the one percent, 99% of them don’t understand either. The others belong here

tatsandcats95

Bro look into buying MSTR calls and u like can’t fail. This is not financial advice.

greyenlightenment

MSTR down 25% easily, all gains gone probably

Mahrez-

So MSTR and HOOD will get a huge red on Monday？

JarrodH991

lol HOOD, MSTR, COIN… big red incoming for you

Frequent-Hat-5260

MSTR bagholders moving up from moping the floors to handling the fries

EVGOLD

Since you already have 525 shares of $MSTR and you're probably not going to outright sell them, here is what you can do. I call this Layering Covered Call's. You should usually wait till the stock is trading at around resistance area's or after a major run. $MSTR likes to move 20% - 40% in a week Start by selling 1 Weekly Covered Call. Pick a reasonable Strike that if it did sell you're not mad with the weekly gains on the stock or the Call. Today's move was 26% so what I would do is sell next week's Feb13, 2026 $150 Call just one option. Weekly options depreciate faster due to theta and all the other fun little option destroying mechanisms. Here is where the Layering comes in. This can be done all on the same day or you can take your time and stretch it out over a week or 2. Let's say you decided to sell all 5 Covered Calls on the same day. Feb13, 2026 $150 Call. $2.25 for one Covered Call Feb 20, 2026 $160 Call. $2.05 for one Covered Call. Feb 27, 2026 $170 Call. $1.90 for one Covered Call. March 6, 2026 $170 or the $180 Call. $2.50 for one Covered Call. March 13, 20026 $180 or the $190 Call. $2.05 for one Covered Call. Profit on Covered Call's $10.75 - Profit on shares $84,000 If they all get called away. When Feb13, 2026 contract expires you sell the March 20, 2026. Rinse and Repeat So technically you have a contract that expires every week. You can also mess around with the strike prices however you want this was just an example. For the current price of $MSTR and if it decides to keep going 25% per week for the next month. It's soo far down from ATH that anything can happen. You can definitely get a lot more premium buy Selling all at the $150 strike but is it worth it at these lows. Maybe if $MSTR was at the $230 - $250 range you could get a tighter range on the strike's but if you're trying to keep the shares long term, give yourself some price expansion.

neal_73

MSTR sounds too risky to hold for someone in your current position.

TearsOfChildren

Thetagang is safer than just gambling options but I would not pick MSTR to do it. You've got 500 shares so you can sell calls on those but your cost basis is so under water your strikes will eventually get blown by and you'll have to sell at a loss. If you have a serious gambling addiction, that will 100% follow you into selling options, best to get that figured out first.

Harp-Note

Someone out there bought puts on MSTR the day before earnings, then rode calls up the day after. I only did the first, and a little bit on the second. Saved my week lmao.

lovethebike

MSTR, just wait

TradeVue

I mostly agree with you. the difference is the objective, not mechanics. Covered calls don’t reduce downside risk they just reshape outcomes. On MSTR the real risk is the stock, premium is just a buffer. And assignment isn’t a failure it’s an expected outcome that should be planned for But comparing SPY 1 DTE calls to longer dated MSTR calls isn’t apples to apples. Short dated calls are gamma risk, 30–45 DTE calls are mostly theta and vega, especially in high IV. the mistake is selling calls on the entire position. Partial coverage lets some shares run while monetizing volatility on the rest. Income targets depend on IV, when volatility drops, income drops, and that’s fine. Covered calls are bad when used to force yield. They work when IV is elevated, size is controlled and assignment is treated as normal not regret.

OM3N1R

There has to be at least one person that got rich off 0DTE MSTR calls today

Accomplished-Dig1100

I actually do believe in MSTR long term I think there is a growing use for bitcoin hope* for bitcoin to take off Too much hopes in the air dude. I am not an expert but I started on small account lost and made money and lost and made money and lost and made. So SPY, QQQ, IAUM, SCHD, SGOV (40%) GOOG, MSFT, APPL, TSMC, META (40%) 10% Yolo on options and 10% high risk high reward stocks. Sell IAUM, SGOV when market tanks and buy other stocks equally. When made money on options during ATH keeps buying SGOV IAUM SCHD. And now my account dosen’t tank abnormally. Hope you do same

Hfksnfgitndskfjridnf

> It doesn’t matter if they dilute stock or reverse stock split as long as Bitcoin per share is more than if someone were to buy Bitcoin flat out. Bitcoin per share is lower now than it was 6 months ago. In 2026, they’ve bought 41,000 Bitcoin, increasing their total stack by 6.1%, but have only increased BTC per share by .3%. There’s only 21 million Bitcoin and MSTR owns 700k of them already. Being so inefficient with their recent buys simply damages their future potential yield. Having 41,000 more BTC means it’s that much harder to get the same per share yield in the future.

Gonzalo12560

Who bought MSTR calls yesterday? That regard will have a great weekend

sjtomcat

You’ll want to talk with my father. He only sells options and MSTR is one of his darlings. Don’t think he’s ever lost money doing this

TradeVue

For covered calls on specifically on MSTR I’d keep it conservative. Around 30–45 DTE and sell something in the 15–25 delta range. That gives you room for noise without constantly getting your shares called away and the premium is still meaningful when IV is elevated. IMO I would not sell calls on all 525 shares. Pick a portion you’re genuinely okay losing on a rip and leave the rest uncovered so you’re not constantly fighting upside regret. If MSTR runs, let some of it run. This is about survival and being capital efficent, small wins, not sexy. If IV is extreme and you’re feeling stretched, you can go slightly higher delta for a cycle or two,but that should be the exception, not the rule. I would say the goal here is repeatable income with minimal decision making not maxing premium in any single month. This is just how I would personally trade it if I were in your shoes .

TradeVue

Hey man! Covered calls on MSTR can generate income, but they don’t change the main risk. You’re still heavily exposed to a very volatile, Bitcoin linked stock and call premium only mildly offsets downside while capping upside. The $2k per month expectation is optimistic and depends on IV staying elevated, which it won’t consistently. The covered call into CSP flywheel works mechanically, but it concentrates risk in one ticker. CSPs below your cost basis still add exposure if assigned, so this is recycled risk, not lower risk. if the real goal is sustainability and less stress, sell calls on only part of the position and move most premium selling to more boring, liquid names with steadier volatility. Stop framing it as making money back and run it as a forward looking system with hard size limits. LMK if that doesn’t makes sense

GuySmileyPotato

Kinda of secondary to your question, but I think you are falling for the sunk cost fallacy. Your MSTR cost basis doesn't matter anymore. The rational thing to do is, if you think MSTR is a promising stock to own at its price today, then keep it. Otherwise sell it and buy something better. You are costing yourself money if you keep something just because you dislike the idea of closing a position at a loss.

Total_Schedule591

MSTR: -4x% GDP

dankmemeking21

Dude is refusing to answer how he lost the 400k. Then he talks about having 78K in MSTR of all stocks lol. Needs to just SPY/VOO and chill.

LEAPStoTheTITS

The fact you’re using MSTR as an example shows you have absolutely no fucking clue what is going on. We are trying to save you from yourself. It’s like a special needs kid shows up to the cliff with a pillowcase and asks if he can BASE jump with us. Please admit you’re out of your depth and have problems with gambling and stick to index funds or hire a financial advisor.

LEAPStoTheTITS

Buddy, I’m going to be super honest with you. You are overconfident in your ability to make good decisions in the stock market. Which is crazy after fucking your self so hard. MSTR is a crazy pick after losing 400k, another red flag. Why are you still chasing better returns than the S&P after you already proved you cannot with options? Don’t lie to yourself or convince yourself it’s different. It isn’t. Your confidence shows you fundamental do not understand how options work or how they are priced. You are one of the few people I would HIGHLY recommend a financial advisor for. Most of the time they just charge fees to do the exact same thing the individual would, but for you they’d be saving you from yourself. 1% AUM is an expensive fee to pay but it’s CHEEP AS FUCK in comparison to losing almost half a mil gambling. Do you really want to bring your hubris and gambling addiction into your marriage ? Time to hire a financial advisor and admit you’re out of your depth. Play around with a separate account with a tiny amount you’re okay with blowing up if you really can’t stay away from it….. but tbh if you can’t stay away from it, probably means you absolutely should.

horsemonkeycat

Well if true, sounds like he had loaded up on MSTR shares, sold covered calls which eventually ended up ITM at expiry so the shares were assigned away before the shares crashed. Looks possible as there was a run-up last May. Even degenerate gambling can pay off sometimes.

El_Jeffe24

The problem with options is you're reading one high risk play with another high risk play. If you start selling CC on your MSTR shares, you risk turning your unrealized losses into realized losses when you sell at a much lower strike price than your initial share price. And if you have the conviction that it will go back up, you risk losing the shares you think will go back up. If you really want to increase your portfolio value using options, I would leave your MSTR alone. Forget about it, let it do its thing, set it and forget it. Sell puts on "traditional" stocks (not high risk stocks, not stocks that you think might 10x, not stocks you think are the next Nvidia or Palantir). We're talking Mag-7, consumers like coke, Ford, Costco, etc. Or VOO or SPY if you want to do an ETF. Then if you are assigned you can sell covered calls on those shares. Now you're wheeling and relatively safe (or at least significantly safer than working with MSTR).

rdr31

i love MSTR

L-hoodz

MSTR?

Big_Bad_Fish11

I think that I might do this, actually. I transferred out of my Robinhood account into Fidelity today. I was tired of the "gameifying" of the stock market that Robinhood offers, so when my shares transfer over, if MSTR is above my cost average, I may sell and start with CSPs.

Flimsy_Championship8

I hear ya. Honestly, if I were in your position, Id look into maybe turning that 2,500-5000 a month into property. Rental, Airbnb, lease it. Property makes sense because it deliberately pulls you out of the same psychological and financial environment that caused the damage in the first place. High-IV stocks and options, even when used “responsibly” through covered calls and cash-secured puts, still rely on constant price movement, frequent decision-making, and the dopamine loop of short-term wins, which closely mirrors gambling behavior and keeps you emotionally tied to volatility. Property, is boring. There are no minute-by-minute price swings, no IV spikes, and no temptation to size up or chase losses, and that boredom becomes a stabilizing force rather than a weakness. As you move toward marriage, property also converts financial recovery into visible life stability, creating a tangible, shared asset that supports predictable housing costs, forced savings through equity, and long-term trust with a partner in a way a volatile stock position simply cannot. It also diversifies you away from single-factor risk, because right now your recovery thesis is heavily dependent on Bitcoin adoption and MSTR’s leverage, whereas property operates on entirely different economic drivers like housing demand, wages, and inflation, reducing the chance that one macro narrative controls your entire future. MOST importantly, property shifts the focus from trying to “get back to even” to actually moving forward, because it does not care about your past cost basis or whether a speculative asset ever revisits old highs. it rewards patience, consistency, and time rather than timing. In that sense, using excess capital to build toward property reframes the goal away from revenge profits and toward a durable foundation for the next phase of life, where markets can still play a limited role, but no longer define your self-worth. Best of luck to you sir

Big_Bad_Fish11

Ok, so you guys don't do options here? Isn't this kind of discussion what this sub is for? I didn't ask an outlandish question....I was asking what people's strategies are using covered calls/cash secured puts, using this MSTR as an example.

dbd209

I feel like I left a lot on the plate today. I was very confident in the fact that the market would bounce today, and I ended up putting some of my cash to work last night, but only around 15% of it. If I had deployed close to 50% of my cash, I could have easily had a 5 figure day. Disappointing. I feel like these type of dips are the ones where you have to capitalize. You had all of finance twitter spazzing on 3 bad days, people making fun of Saylor and BTC going to zero, etc. MSTR was an easy buy at sub 110 levels and I regret not buying given all the obvious signs that we were gonna bounce today. Next week will be interesting. I feel like today will be a big sigh of relief, and we probably continue this range within SPY and QQQ for a while. If Monday is not red, then today's jump up is probably here to stay for a while, or until Orange Man does something stupid again.

averysmallbeing

No he won't, what he likes is MSTR and other degenerate gambling. 

capitol_cavier

He is a MSTR - baiter. He went full regard. He belongs with us.

Lambull

yeah, but when? In September when MSTR was $115, or in November, when it was $400?

Background_Tie6864

RDDT UNH hurting me but none as pain as MSTR

rideveryday

Calls on MSTR, double or nothing 💪

nuxenolith

Long BTC-short MSTR arbitrage would have done quite well.

mapsosa

man i hope 🌽 pumps on the weekend so i can get some cheap MSTR puts again

aftherith

Corn fading a bit. Probably wishful charting since I went big tard short MSTR this afternoon.

LiamAldridge1117

So, thinking about COIN: Doesn't COINBASE receive a commission on all crypto transactions, whether crypto is dying or not? I wanted to short COIN, as well, but, I don't see it being so clear cut. I killed it on MSTR puts, though. COIN doesn't feel as much as a sure thing as MSTR.

KrabbyPattyCereal

Trading MSTR as a BTC analog is extra stupid because now you’re subject to other random market forces beyond the BTC investment causing volatility. In fact, it’s basically like options on BTC except randomly, a big, horny, sweaty cave troll is allowed to walk up and shit in your market makers lap every so often.

ExplanationNormal339

People sleeping on MSTR volatility because they're stuck watching macro nonsense. The $28-31 range is real support—if it breaks Tuesday, you're holding bags. I tracked the actual levels here: [$MSTR](https://aimytrade.io/ticker/MSTR?utm_source=reddit&utm_medium=comment&utm_campaign=smallstreetbets&utm_term=MSTR&utm_content=variant_1770420980647_uksgefj)

noce96

They sure did. Sucks that they all looked the same as the other stocks pre-market. I was ready to hit send on MSFT calls at market open open I got distracted by MSTR.

WSB-mods-are-

MSTR employees watching their retirement fluctuate 25% a day 👀

rdw0680

Very sophisticated. Sell BTC and TSLA, buy MSTR. Need at least an MBA to pull off a trade like that.

norwegiancatwhisker

Looks like he did this around 2024-12-05 (MSTR at 391). https://elmwealth.com/microstrategy-bitcoin/

DatOneBlindSloth

Why buy Saylor ponzi MSTR stock when you can just buy actual bitcoin?(I'm saying this to save my puts)

GoodBugMessenger

I mean I don't know why y'all are making fun of him. It says in the article he specifically did NOT recommend buying MSTR to his clients. Personally, I would be very grateful if he warned me that it was such a bad idea to invest in it 😬

Robotoverlordv1

Everyone spreading FUD now is going to say he "got lucky" when MSTR hit's $2,000.

zedk47

I'm part of the 0,01% who do understand the trade. I studied MSTR 100h +. I'm formal: stay away from this Bs

SkaldCrypto

Isn’t MSTR up 26 percent today?

saltyru

“Congrats and fuck you” to anybody buying MSTR after possibly the most pathetic earnings call in all of capitalism. It was so spectacularly regarded an buy that you all deserve the gains.

alwayslookingout

> MSTR acquires 21,550 Bitcoin and the stock goes down 4%. > We are so damn early fam 😂 He writes like WSB native.

Beginning_Pay_5680

If you actually went to his LinkedIn, he explained that he exited MSTR long before this huge drawdown, ended up profiting almost 800k lmaoo. But yes he is indeed goofy for thinking that it took 100+ hours of "MicroStrategy" to make that move

yushey__

I sold 160 July MSTR calls. Took that money to buy more shares. And from those shares I bought I sold more calls

jostradumass

MSTR 225 next week.

SnooShortcuts7911

Bear markets slide a slope of hope. That’s why the biggest daily moves in bear markets are usually up. Such sharp rallies create a false sense of optimism, keeping people in when they should be getting out. $MSTR is up 25% today. Bitcoin is up 11%. Sell the rip!

BrooklynWeeLad

Gag all you want. I just began loading the boat around under 130. Will keep adding more. BTC is a 4-year cycle and MSTR parallels it. I’ll be happily sitting on a 100 or sub 100 average stack of MSTR shares and in years begin offloading at 500-1000 range. Peace

LeonardoS2

MSTR

DarkSombero

Commented up above that I had MSTR puts printing for the 20th, should have sold yesterday before market close... Up $20+ on meh earnings....make it make sense

hermeskino715

Got 25% profit from buying MSTR yesterday before close. 25 cents gain baby

Porcupinesolos

Stupid fucking market. Shorting $MSTR Monday

GTS980

Fucking MSTR up **26% AFTER A 12B LOSS** 🤡😂.

imthesatman

You'll probably be able to buy MSTR sub 105 next week also

dbd209

[https://www.reddit.com/r/wallstreetbets/comments/1qwxduy/comment/o3tsu5k/?context=3&utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/wallstreetbets/comments/1qwxduy/comment/o3tsu5k/?context=3&utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) This move was so obvious in hindsight, I am upset at myself for not longing more things last night. I made some money, but I needed to be way more aggressive last night. The sentiment was so doom and gloom on twitter, it was clear we were due for a violent bounce up. Kicking myself for not buying more stocks yesterday, especially MSTR at sub 105.

IDoLikeMyShishkebabs

Funny you say that, after I posted the video I realized MSTR would've been way better than NFLX bagholders haha

PandaKOST

MSTR is at $135.26 currently.

Dog_Farmer_1983

You may think it's ok to be a bear when it comes to MSTR. But you're still a gay bear, and you should realize that.

Turbulent-Buy-8600

MSTR - here we go

dansdansy

MSTR up 25%, reminder not to push your luck with obvious shorts.

Comprehensive_Tea388

MSTR shorts how you doing?

youyololiveonce

Can MSTR hit $140 ?!

farcat

Still 40 min left for MSTR to fill the 105-110 gap

CavoliRiscaldati

Look, I like 🌽 but even I have no idea wtf goin on with MSTR

poorat8686

No fucking oil futures dipped and took XOM with it which I was all in on and I panic sold and then it went back fucking up despite oil futures NOT going back up AND it’s up today fuck my life but I bought MSTR and I’m up 100% on that so I really can’t complain.

Educational_Pass5854

Who in their right mind buys MSTR after having watched Saylor yesterday?

FastCar_5

Ok can someone explain why this is not the case? -Tether based in El Salvador -Tether prints usdt at will, no body audits. -Tether buys (BTC) and manipulates the price +MMs and Tether hold derivatives on BTC including MSTR. If the aggregated position of derivatives held by institutions and ppl is long, drive down BTC price with implicit transactions, liquidate ppl, make real money, if the aggregate position becomes short, do the opposite, liquidate ppl, make money. -Meanwhile crypto bros twerk celebrating the financial innovation of Epstein coin.

disgusting-puppy

MSTR +24%... is this a joke or easiest puts in History?

b1gb0n312

Everyone doubted MSTR

Ok-Tonight2623

MSTR is going to go back to 500, somehow.

DufflebagJoe

MSTR is the biggest bol trap ever lol. Saylor was just saying yesterday at 64k that selling off BTC is an option.

johndsmits

MSTR and CAT bed fellows in a *low volume* day pump. Zuck: betting the future that "AI has plenty of uses".

imthesatman

wow MSTR is up 25%

Robb-san

MSTR circuit breaker?

NewComplaint2065

who the fuck is still buying MSTR 😂

No-Incident-9226

Puts on MSTR and TSLA, easiest decision of my life

SBTC_Strays_2002

MSTR in the $130s. I know some of you had puts yesterday.

Particular-Cake-6430

MSTR puts look too good to be true

BFox1982

MSTR up 23%. They're still down $8,000 per coin. 🤣

FernDiggy

My MSTR puts are toast

Rude_Assistance_4386

MSTR 125s we're 20 baggers from the open, was eyeing em, but I'm a massive pussy

petitoine007

got absolutely f-ed with my $MSTR puts and $Rddt calls.