MSTR: sold a short strangle with sell put at $250 and sell call at $350.
Contract expires next Fri on 7th Mar.
Timing a bit off as these contracts were sold right when MSTR broke support and went down sharply. Thought the sell put was adjusted down from $300 to $250, it still faces paper long and pressure as MSTR and BTC both shows signs of breaking to the downside.
The coming weeks will focus on trade and risk management on some of these in likely on the money trades.
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