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I bought a put and sold a call...It's called a collar trade. I use the call proceeds to help pay for the put. Worked nicely especially since I didn't know what was going to happen. Will continue holding MSTR. It's at a discount now.
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Interesting never heard of that, i will dig the idea :) thank yoh
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curious were you able to sell your MSTR bag right before the ETF dump or are you HODLing