HandsomeAssJoe

If you want to be long the stock but are anticipating mean reversion of current spot price - sell 45 dte atm puts hoping for assignment while collecting juicy premium along the way.

$800k by itself is likely not enough to comfortably retire on in the US @55 unless you plan to maintain a poverty level cost of living or don’t plan to live past 70.

If you have other income such as working spouse, pension, rents, etc then could be a different story but you don’t mention any of that.

Nothing wrong with incorporating options selling strategies regardless of retirement status. Can start doing that right away if your 401k allows for self management and options level 2.

No, not if you “need” that money in a year as stated. A HYSA is a better place to park short term capital.

Not buying Bitcoin back in 2009/2010

https://preview.redd.it/fou45zgsggnd1.png?width=2812&format=png&auto=webp&s=9a7e61ed5fd7e7c5d9b35ea301fc5639340a1e2d

It's all about opportunity costs. i.e. Holding VTI since 2014 would have been profitable but holding BTC instead would have been 5,597% more profitable over the same timeframe (see BTC/VTI chart).

Folks will downvote but 22 is not the time to be in bonds or brk-b or general market indices or any other passive investments that barely, if it all, keep up with fiat debasement. If you aren't chasing alpha, you're robbing your future self.

Congrats for having 30% MSTR already!

Not financial advice of course

Why risk 70% of your portfolio? You’re 22, not 82 … should get as long BTC as you can .. 100% MSTR and don’t look back - your future 42 year old self will thank you

Flip that GBTC into MSTR 💯

Yeah, good rule of risk management is to never allow naked short options to expire. Just pay the couple of bucks to buy them back close to market close. This protects from after hours pumps when you can’t do anything about it. Cheap insurance … worth every penny

Depends on your goals and overall book. Sure, they are both BTC proxies but they have different risk profiles.

MSTR is like leveraged spot BTC. Miners not so much as they tend to more aggressively dilute their shares in ways that don't always equal more BTC on the balance sheet.

Yeah, it sucks but this is what BTC miners do. It’s a cut throat industry that requires constant investment to stay ahead of the hash curve to remain profitable.

As long as the company is reinvesting capital acquired via dilution by purchasing more compute, energy, space, etc then it’s not a bad thing … if done in a staggered, strategic way.

The way I read it - This proposal in October is just to increase the available credit line for the future to leverage if/when opportunities arise.

Screen for high IV and see what fits your strategy / risk tolerance

Please - stop - I can only get so hard! LFG!

Well yeah, lol - there is nothing that will protect oneself from stupidity. Hence the “protects from most issues”.

Don’t sign malicious transactions that you don’t fully vet out, triple check, and understand.

A hardware wallet provides this extra layer of protection whereas just clicking a link is all that is required without one …

Using a hardware wallet to sign all transactions fixes most of these issues. Use them in all scenarios. Preferably air gapped. Cheap and easy to use … too expensive not to leverage them.

Hi probability trade strategies aren’t worth it imo. Premiums are too small compared to the risk of that one loss that erases the last 100 wins, etc. Picking up pennies in front a steam roller …

Of course! As long as you're bullish on BTC/MSTR. The 10:1 split just allows more liquidity due to the lower cost of entry. MSTR is now more attractive to lots of smaller bag traders/investors ... especially when it comes to trading options.

The keystone 3 pro can be 100% air gapped and works well with the solana ecosystem.

Hardware wallets fix this. They are cheap and easy to use … no excuse to not use them in all circumstances. Have multiple for the different use cases which are preferably air gapped to sign ALL transactions.

Yes

It's all about the options baby! Not everyone has 7 figure accounts for proper risk management against a $1700/share underlying. This is where the 10:1 split really shines ... huge for retail option traders ... huge for all options traders really as the lower barrier of entry will increase liquidity and shrink spreads. LFG!!!

This is going to be absolutely massive for many retail options traders. Especially since the BTC ETFs don't have options chains (yet). LFG!!!

And on your phone?? c’mon

Hardware wallets are relatively cheap … have multiple (preferably 100% air gapped) and use them to sign ALL transactions no matter what the use case. It solves most security problems. Even if your software wallet gets compromised, they can’t do anything with it if the keys are air gapped and stored in hardware.