Lots of negative commentary about the concept of $MSTR ATM being used to pay yield of the Pref instruments. Below is an $MSTR Preferred equity analysis to showcase the mathematical relativity: *IF* $STRE is upsized to $1B, the Notional Pref O/S on all PPE would be ~ $7.69

If you want to understand what has driven $MSTR Price Action over the last year take a look at this thread. *TL/DR* - The ATM is statistically insignificant, and is invisible in the price action. I made updates to the statistical modeling and robustness of my analysis from the

Buying anything at a top is not a great idea. The problem is knowing it’s a top, because momentum is powerful. And buying at a new high is often a good move. So the key here isn’t buying the right thing as much as it is sizing your position. The most important aspect is the one

MSTR hasn't hit Delta Neutral since August 2024. Not financial advice.

Bear markets are characterized by a lot of selling and terrible sentiment. What if this was the bear market?

Orlando Heslop is, according to his LinkedIn profile, the Public Relations and Communications Director at the Government of Jamaica. Unfortunately, his social media output is hardly diplomatically acceptable. An Israeli medical team went to help in the aftermath of the hurricane

Everyone, except rich people, gets $2k? Let’s see. 300M X $2k equals $600B. And the TGA gained how much during the shut down?

I’m on social security and I’d take a 50 yr mortgage. Everyone willing to give me one, line up on the right.

It's always darkest just before the dawn. But the thing that really sucks is that it keeps getting darker until then, and we have no idea when dawn is.

When's the last time Gamma Neutral was as low as Delta Neutral you ask? Well that would be from Aug 2022 to Jan 2023. So maybe we will have another five months of washout. Or maybe...... ;-)

Can Strategy sell STRC in the post market? Or is ATM only during market hours? It's $100.14 right now and I'm wondering if this is going to be an arbitrable pattern if they can't sell after hours.,

Thank you AD2 Charles Wetsman. For your service and the example.

“I will not accept that it's a highly dangerous road”—Politician, 1988

There’s always more nuance than you see. It’s just that your midbrain doesn’t release dopamine for nuance, so you ignore it.

You know, that Beatles song, “The Long and Winding Road?” Well, this is the long and tedious washout. It still leads to the right door though.

The US Mint has minted its last penny ever. There are plenty floating around but no one will make any more. It makes no sense for things to be priced to the penny anymore. What effect will that have on prices? Items priced at $4.97, a traditional pricing number just under $5 will

Attacking the tail in a bull run was a bad idea. So is not buying a small position in top of the chain as far out as you can go options at the bottom. Same options, lower price. It’s exactly what I don’t want to do. That’s probably why it works.

A man comes onto your property and shoots at you. You are armed and fire back. His shot missed. Are you obligated to miss as well so that your response is proportional?

Maybe we'll knock around here until the line of control is 100 instead of 103. Maybe we'll go to 84 again. The thing is, position sizing is more important than being right. Cash has an optionality all its own. If you are uncomfortable your position is oversized. Don't regret

We don't go up until the last bull has given up and all the people you respect are at each other's throats.