If someone doesn't believe in Bitcoin then it would be a stupid trade. They spend $33k on a stock, and they recoup $12k by selling an option. If they are right and MSTR goes bust they may end up with $21k loss.
It's just an upside trade where you hedge downside risk by limiting upside profit potential
/ Emeritus Cum Laude
npub1yt…dtdm9
2024-11-17 15:22:41
in reply to nevent1q…rff2
Author Public Key
npub1yt6cfghe79ve6nuxfafxlcvghaz886hcrwtaxwdaxjaa0t62mjwszdtdm9Seen on
wss://relay.nostr.bandPublished at
2024-11-17 15:22:41Event JSON
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