If you want to make money, you actually still have to rely on options. After August 20, the weekly-line big bullish candle, and the temporary “death spiral” bankruptcy crisis of the microstrategy panic-driven strategy, don’t need to worry about it for now.
As long as you believe that within a year Bitcoin can return to 100,000, MicroStrategy’s stock price will almost inevitably reach above 200—so buying this is basically a sure thing.
That’s where the asymmetric nature of options shows up. Or for a safer approach: buy a far-dated call option expiring in 2028 or 2029—by then, Bitcoin will likely be above 150,000, and even if the option value is only a few times higher, that’s still not a problem. I don’t believe contracts can make you real big money—the clock doesn’t work in ordinary people’s favor. #MSTR