Riding the MicroStrategy Wave

Welcome back to another deep dive into the world of covered call trading with Mark Yegge. In this update, Mark offers a no-trade, pure-math breakdown of his ongoing MicroStrategy (MSTR) position. From a sharp drop in price to a steady rebound, the strategy stays the...

MicroStrategy—now rebranded as “Strategy”—is set to report earnings tonight, and the buzz around it isn't about enterprise software or quarterly performance. Instead, the spotlight is on its unconventional yet strategic Bitcoin-centered approach, led by none other than Michael Saylor.

Let’s expl...