IvanLabrie

$MSTR: Short to hedge crypto bags

Short
IvanLabrie Mis à jour   
NASDAQ:MSTR   MicroStrategy
MSTR has been a pretty good vehicle to short against Bitcoin holdings, a small position can act as a hedge for a larger Bitcoin allocation, which is convenient.

A new short setup is popping here, confirms on close today.

Should go down for 12 business days.

Best of luck!

Cheers,

Ivan Labrie.
Commentaire:
Near target one, I suppose you could risk holding further, but keep an eye out for new daily highs in crypto over the weekend.
Trade fermée manuellement:

As I feared, crypto did regain strength over the weekend and equities are also looking better.

Rather exit this 'hedge'
Commentaire:
3.2% move is not bad

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