If you can’t spot the sucker, then you are the sucker
Sold a $97.5 $SATA put exp in Nov.
Collected $150.
That’s 1.53% ROI in 37 days with some downside protection baked in.
On an already low vol ticker.
I don’t understand who’s buying these puts.
Another broken Saylor promise 👇
With the biggest buyback of $STRC at $99.58 this week.
We repurchased 288,930 shares of $STRC for $25M at an average price of $86.52 per share. We intend to remain a regular, disciplined buyer of STRC below $100. More at deeper discounts, less as STRC nears $100. Another $975M remains available for our prefs. strategy.com/press/strategy-…
It surely was a good deal for him🎯
Replying to @bccponzi @PunterJeff
Issuing shares+warrants at a discount and trying his very best to make it look a good deal🤡
Another example of Saylor not keeping up with prior promises.
Instead of buying more $STRC at deeper discounts, he is doing the opposite.
$1 billion of buybacks and 117 days since it last traded at par, probably few more billion to go 🫡
Will Saylor report another 1k+ BTC buy at $81k+ tomorrow? Last week he bought the thursday high, did he do it again, im guessing he did! $MSTR
Metaplanet diluting their shareholders but not their stock based compensation packages is beyond hilarious.
iPhones issued in May are currently being recalled at a discount because of technical issues, with the intention to sell them again in a couple of months with the same specs at the original price.
Saylor must be thinking he can get STRC back to 'par' with a couple 100s million given how easily he can push it up now.
Not understanding supply has moved instead instead of disappeared.
Getting STRC to $98 might only cost him couple 100 million, from $98 to over $99.99 will take billions of buyback (half the supply?), is he willing to do this and for what purpose, he still needs buyers at $100?
MSTR bagholder logic 👇
‘Is it mathematically possible to generate a yield by selling something?’
‘ yes it is, because you can sell a fraction of that thing and now you have cash and you can use that cash to pay a yield’
$50m STRC buyback from $MSTR common ATM would be my guess
Half of it
We repurchased 288,930 shares of $STRC for $25M at an average price of $86.52 per share. We intend to remain a regular, disciplined buyer of STRC below $100. More at deeper discounts, less as STRC nears $100. Another $975M remains available for our prefs. strategy.com/press/strategy-…
STRC/SATA increased dividend frequency in June to reduce volatility and keep it at 'par' more often.
Days at 'par' since the change: 0
60 days since STRC last traded at $100
Imagine a financial product with no upside (capped at $100), 25%+ downside and a 1% montly dividend at best, would you ever pay $100 for it?
That's the reason $STRC will never hit $100 again.
This is Saylor signalling the market he prefers holding melting ice cubes (cash) over common stock at ~1.03 mnav.
What else do you need to see it is retarded to pay a premium for this stock?
Plus, can Saylor be trusted not touching the cash when BTC dips and his common ATM and pref ATM are broken?

















