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Gar bear
npub1g49…tqvs
2024-11-15 19:06:32

Gar bear on Nostr: My brain is warped right now. If I understand these Quant Bros correctly, Michael ...

My brain is warped right now. If I understand these Quant Bros correctly, Michael Saylor has created a "who wants to be a millionaire" lottery on Bitcoin.

If I'm a Bitcoiner who believes it's going much higher, I could buy a long dated MSTR call option for January 2027 for MSTR at 700$ for 10,000 $

If you are not a Bitcoin believer, but think that you would like some Microstrategy stock just in case:

You can buy 100 shares of Microstrategy for 30,000 bucks and then turn around and sell the right to buy them to someone else at double it's current price in January 2027 for 10,000 bucks...

You just got 30% off your initial Microstrategy investment plus you would have the right to enjoy a double of the stock investment!

I think gambling is a bad idea and I am not personally doing this. But what am I missing? 30% discount for a 30,000 stock purchase?

https://www.youtube.com/live/VW0kFXkNKPg
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