Subject: Re: OT: Bitcoin FOMO
e.g. buying put options on MSTR ($30 strike, 2027 expiry).

Importantly, it limits your down side.


On MSTR. If they are buying a Billion in BTC every day at a 50% margin, it won't take long to grow into their valuation.


I sold some BTC yesterday. It has grown to be an uncomfortable size in my portfolio. Today I bought it back and a little more by selling TSLA options I owned. The setup just seems so perfect. No margin. Waiting for Mungo to capitulate ... that'll be the top.😃