My MSTR Options Bet

Поделиться
HTML-код
  • Опубликовано: 30 сен 2024

Комментарии • 121

  • @projectfinance
    @projectfinance  3 года назад +6

    Elon Musk needs to watch this video: ruclips.net/video/0N6zl3BkCnw/видео.html

    • @igrcic
      @igrcic 3 года назад

      Small correction, your MSTR calls expire in Jan 23, not Jan 22 ;)

    • @cutiger8231
      @cutiger8231 3 года назад +1

      Where can I get one of those physical Bitcoins?

  • @chadshipp3603
    @chadshipp3603 3 месяца назад +1

    Three years later, Bitcoin is up 35% and MSTR is up 230%.

  • @Satronaut-pw3ij
    @Satronaut-pw3ij 2 года назад +1

    The most rock solid money ever created.

  • @MSTRtotheMoon
    @MSTRtotheMoon Месяц назад

    wow, didnt know you are a bitcoiner. Have you closed this? I watch your videos to learn options, I was late to the MSTR trade, also leaps are super expensive since price is around 1500

  • @luisdetomaso867
    @luisdetomaso867 Год назад

    How are those 1900, 1200, 1800 and 500 calls doing with MSTR at 290?

  • @trebailey4195
    @trebailey4195 3 года назад +4

    Oof

  • @trebailey4195
    @trebailey4195 3 года назад +2

    This channel has died since his maximalist turn.

    • @projectfinance
      @projectfinance  3 года назад

      The channel isn't bitcoin-focused, but the past few videos have talked about it because I want it on record that I talked about it. I'm working on an options trading video now.

  • @arnoldschwarzenegger6893
    @arnoldschwarzenegger6893 3 года назад +7

    People are dumping Bitcoin right now

    • @projectfinance
      @projectfinance  3 года назад +8

      Yeah as soon as I put this video together and post it, Elon nukes the bitcoin market.

  • @SmartMoneySource
    @SmartMoneySource 3 года назад +10

    All Hail The King Of Bitcoin, MicroStrategy

  • @russellsimonis5573
    @russellsimonis5573 3 года назад +8

    Elon Musk just royally screwed everything up.

    • @projectfinance
      @projectfinance  3 года назад +2

      As soon as I publish this video I see that tweet. It's alright. Buying opportunity. Leaving this here for all commenters: ruclips.net/video/TeVvtSCfcQ4/видео.html

    • @russellsimonis5573
      @russellsimonis5573 3 года назад

      @@projectfinance thanks for replying, I am huge fan!!

  • @kbstorage
    @kbstorage 3 года назад +6

    I think you’re making a big mistake. A $75,000 mistake even. Look at the 1 month candle chart. Crypto is going to pull back over the next couple months. I hope I’m wrong though for your sake. I have no crypto positions.

  • @grouchywithoutcoffee
    @grouchywithoutcoffee 3 года назад +4

    Why do you think bitcoin should be stored in actual banks? I thought the point was decentralization?

  • @grc_whale1304
    @grc_whale1304 3 года назад +9

    MicroStrategy just tanked $40 after hours, it’s looking terrible not sure what chart your looking at. I’m long puts I think it’s going down to $300 in the coming months.

    • @projectfinance
      @projectfinance  3 года назад +5

      Yeah Elon just nuked the bitcoin market with his tweet. Buying opportunity. I have some short-term puts as well, which thankfully will protect the position immensely if MSTR keeps tanking over the next few days.

    • @grc_whale1304
      @grc_whale1304 3 года назад

      @@projectfinance Man I just read his tweet that’s crazy but great for our puts 🥳

    • @HermanIngram
      @HermanIngram 3 года назад

      F-elon

    • @TankorSmash
      @TankorSmash 2 года назад +1

      Six months later it has hit 800$

  • @Pauloveskim
    @Pauloveskim 3 года назад +4

    What happens if Bitcoin eventually trickle down to 19k level, does Microstrategy will follow that ?

  • @alopez1374
    @alopez1374 3 года назад +2

    $100 in one week 😮

  • @sunshine86753
    @sunshine86753 3 года назад +5

    Wouldn't GBTC be a better choice if you're looking for something to closely follow bitcoin?
    Also, your timing actually is pretty good for your viewers at least, since most will be watching this after the recent dip.

    • @chrisbutler1371
      @chrisbutler1371 3 года назад +3

      Sometimes you have to take the fall for your viewers :)
      GBTC would be good, but it's not available on all platforms since it is not listed on any stock exchange, GBTC is an OTC product. Also, the shares would cost 2% a year in management fees. Once there is a bitcoin ETF, then that would be the best vehicle to use for a position like this.

  • @jsm3233
    @jsm3233 3 года назад +5

    The crypto concept may have merit but Bitcoin itself is not necessarily the best long term option. Just because it’s the biggest today doesn’t mean that that can’t change and change quickly. There are technical advantages to other cryptos, like Chia, for instance. Ultimately, Bitcoin’s ONLY moat is its brand. That’s all it has, nothing else.
    Anyway, have my fireproof suit on, flame away Bitcoin lovers.

    • @keepitsimple932
      @keepitsimple932 3 года назад

      Bitcoin has been a solid investment over time. Sure always other opportunities. Bitcoin also now has about 70% Renewable energies. Anyway... I say... GO BITCOIN !

  • @trebailey4195
    @trebailey4195 3 года назад +4

    I just finished DD on MSTR. There is no way I could invest in a company with declining revenue. Why not reinvest money in R&D, you know make your product better? Good luck to you man.

    • @projectfinance
      @projectfinance  3 года назад +6

      The position has nothing to do with their business operations. 94% of the company's market cap is tied to their bitcoin holdings. I'll provide updates on this position in the future. We shall see what happens.

    • @kennyadvocat
      @kennyadvocat 2 года назад

      @@projectfinance did you look at the dilution? All those convertible bonds can be exchanges for common shares if they don't hit the strike price.

  • @red32303
    @red32303 3 года назад +1

    Well, lost your money in MSTR big time

    • @projectfinance
      @projectfinance  3 года назад

      Not too bad right now. That's why I went years out / bought stock. I'lll do an update soon.

    • @_Michael_.
      @_Michael_. 3 года назад +1

      ...

    • @projectfinance
      @projectfinance  3 года назад +1

      @@_Michael_. ;)

  • @elizabethdelgadillo4839
    @elizabethdelgadillo4839 3 года назад +4

    Well it looks like now is a great buying opportunity for Bitcoin and Microstrategy!

    • @projectfinance
      @projectfinance  3 года назад

      I would agree!

    • @TheSolidsnake2001
      @TheSolidsnake2001 3 года назад

      Tell your loved one: Honey, I've put our life saving on Red in Vegas! 😹😹😹

  • @youcanknowanything8489
    @youcanknowanything8489 3 года назад +3

    -12.31 per share is microstrategy earnings....see that wee negative sign? Compare this to Tesla which has has positive earnings of 1.00 per share

  • @claybomb1064
    @claybomb1064 3 года назад +3

    Awesome! I’m so pissed at Elon I might sell Tesla too! Good deal on MSTR right now....

  • @lucas_explore
    @lucas_explore 3 года назад +1

    CHRIS BUTLER LEGEND

  • @Pilaremr
    @Pilaremr 3 года назад +2

    Great info. Thank you!

  • @projectfinance
    @projectfinance  3 года назад +8

    We'll see how this ages. Do your own research folks!

    • @TheRottenwaffle
      @TheRottenwaffle 3 года назад +3

      Not well right at the moment...

    • @projectfinance
      @projectfinance  3 года назад +3

      @@TheRottenwaffle Right when I hit publish, Elon hit publish on his tweet. I'm selling all of my TSLA and putting it into MSTR.

    • @TheRottenwaffle
      @TheRottenwaffle 3 года назад

      @@projectfinance I think that's wise long term but a bit of a butt pucker this evening. 😳 My eth took a hit so I feel ya.

  • @zcollincollin8939
    @zcollincollin8939 3 года назад

    microstrategy is borrowing money to buy bitcoin. he's shorting the dollar. a very smart strategy

    • @projectfinance
      @projectfinance  3 года назад

      Exactly. He borrowed at 0% too. It's a good strategy to take out debt in a depreciating currency because it will become easier to pay off the debt in the long-run. However, Saylor's bet will require bitcoin to continue appreciating haha.

  • @mrmarkjewell
    @mrmarkjewell 3 года назад +7

    Bitcoin: A 1929-Esque Bubble

  • @jimmycorrales3602
    @jimmycorrales3602 3 года назад +1

    Great video

  • @codesymphony
    @codesymphony 3 года назад +1

    damn how did you buy a call for $78 and sell one further OTM for $210? meanwhile the long call gained value, and the short call lost value. crazy plays man. grats

  • @jackreid
    @jackreid 3 года назад +1

    You bought leaps on way out of the money calls?

    • @jackreid
      @jackreid 3 года назад

      Instead of deep in the money?

  • @subashpoudel3890
    @subashpoudel3890 3 года назад +1

    I choose Cardano ADA

  • @purewonka
    @purewonka 3 года назад

    You said in this vid that your Jan calls were 2022, but the days to expiration says otherwise. You must have meant 2023?

  • @wisely4u
    @wisely4u 3 года назад

    And give middle finger to elon!

  • @roastin1
    @roastin1 3 года назад +1

    Are you regretting this now?

    • @projectfinance
      @projectfinance  3 года назад +2

      No. It's unfortunate timing, but that's why the time limit on the position is longer than one day. Definitely will be taking heat tomorrow.

  • @chaigtin259
    @chaigtin259 2 года назад

    Will you be repeating your put-selling strategy now that MSTR is revisiting the earlier price?

  • @sarancking
    @sarancking 3 года назад +1

    First one to like

  • @DreamRaider1111
    @DreamRaider1111 2 года назад

    Hi, i have a question
    I see that your entire profolio is long on delta quite alot. What exactly is your strategy if we are undergoing a correction/ bear market?

    • @projectfinance
      @projectfinance  2 года назад

      As I'm going through now, stick it out! The time-sensitive option positions suffer the most because the recovery needs to happen quickly, but the share position can be held forever and is much less problematic.

  • @chuckcrizer
    @chuckcrizer 3 года назад +1

    Don't invest with known fraudsters.

  • @SergiiStarodubtsev
    @SergiiStarodubtsev 3 года назад

    nice talk!
    still did not get why not just buy bitcoin.
    if Micro Strategy sells everything or 50% to cash and buy yacht and stuff (because "there is not fair game", "fire", "water".."channels", why not sell when nobody expects it) - all "investors" will go down together. (I maybe miss something)

    • @projectfinance
      @projectfinance  3 года назад +1

      I do own actual bitcoin. The reason for the play is this is an account I manage for family and cannot withdraw it all to put it into bitcoin.

  • @MrEKG123
    @MrEKG123 3 года назад +1

    *Bogged*

  • @NK-iw6rq
    @NK-iw6rq 3 года назад +3

    Bitcoin is finished. Investors are moving money into more energy efficient cryptos like Cardano and Polygon.

  • @Thomasz126
    @Thomasz126 3 года назад +1

    Awesome stuff!!!

  • @veronicaangeles8938
    @veronicaangeles8938 3 года назад

    I’m glad I didn’t buy Tesla stocks las week. I’m going to get the dip on BC stead.

  • @goldpyramidsfoodtravelvlog7984
    @goldpyramidsfoodtravelvlog7984 3 года назад +1

    👇this is how much his microstrategy shares will be worth in 10 years💰💰💰💰

  • @annaking2361
    @annaking2361 3 года назад +1

    Smart analysis. Thank you for sharing your thoughts.

  • @boringNW
    @boringNW 3 года назад +6

    Touching 46k now. Godspeed

  • @TheSolidsnake2001
    @TheSolidsnake2001 3 года назад

    Bitcoin as a stored value! 😹😹😹

    • @admin.projectoption.1312
      @admin.projectoption.1312 3 года назад

      ㄒ卄卂几Ҡ丂 千ㄖ尺 山卂ㄒ匚卄丨几Ꮆ. 丨 卄卂ᐯ乇 丂ㄖ爪乇ㄒ卄丨几Ꮆ 尺乇卂ㄥㄥㄚ 乃丨Ꮆ 丨'ᗪ ㄥㄖᐯ乇 ㄒㄖ 丨几ㄒ尺ㄖᗪ凵匚乇 ㄚㄖ凵 ㄒㄖ ㄒ乇乂ㄒ 爪乇
      +1:3:1:57:9:51:19:7

  • @alanvasquez6496
    @alanvasquez6496 3 года назад +3

    Went all in at the top 😂

    • @projectfinance
      @projectfinance  3 года назад

      Well, not all in :). In the house of pain right now for sure though! That's why I went super far out. I'm also looking to hedge short-term based on the bitcoin ETF announcements from the SEC, which will be in a few weeks. If a bitcoin ETF is approved, that could be detrimental to MSTR and I'd likely convert to the bitcoin ETF when it's listed.

  • @ourme2
    @ourme2 2 года назад +1

    Chris, I hope your puts on MSTR have gained enough these days so you can increase your position at the lower price and get you ready for the next big jump...

  • @97illiniman
    @97illiniman 3 года назад

    I feel like Elon was watching this video

  • @ghanem_g
    @ghanem_g 3 года назад +1

    Thank you so much for sharing your perspective.

  • @rogerrtewwr4723
    @rogerrtewwr4723 3 года назад +4

    Can you do an update on the aftermath of the position from Elon/Tesla's news? Would probably get a lot of views

  • @sarancking
    @sarancking 3 года назад

    Is me

  • @Rtsjulian
    @Rtsjulian 3 года назад

    I did the same thing lost 130k 😂

    • @projectfinance
      @projectfinance  3 года назад

      :( short-term options?

    • @Rtsjulian
      @Rtsjulian 3 года назад

      @@projectfinance ya like 3 months out

  • @burningsoap
    @burningsoap 3 года назад +4

    This may not have aged well.

    • @projectfinance
      @projectfinance  3 года назад +2

      Elon nuked the bitcoin market right when I published this video! It did not age well in the short-term. That's why I don't make 7-day predictions.

  • @Muzammil.S
    @Muzammil.S 3 года назад +1

    $MSTR 💎 🤲 📈 ✊ 🚀

  • @ashdraked
    @ashdraked 3 года назад +4

    I love seeing this channel go full bitcoin maximalist

  • @ScottBurnhard
    @ScottBurnhard 3 года назад +3

    LOAD THE BOAT!!!

    • @projectfinance
      @projectfinance  3 года назад +3

      I'm selling TSLA and buying more MSTR. Michael Saylor is my new leader.

    • @ScottBurnhard
      @ScottBurnhard 3 года назад +1

      @@projectfinance I'm with you brother I have mara and riot as well! 🔥

  • @sammt9825
    @sammt9825 3 года назад +2

    Bitcoin will hit 140k, no cap 🧢

  • @famjamfisch
    @famjamfisch 3 года назад +5

    I love the background lighting, Chris! Great video quality!
    -Evan Fischer

    • @projectfinance
      @projectfinance  3 года назад +3

      Thank you Evan! I just did a bunch of work to improve the background (plants and lights) haha. Thanks for watching! I was actually reminding myself to reply to your other comment from the video the other week. I don't think I gave you the reply you deserve! One moment...

    • @famjamfisch
      @famjamfisch 3 года назад +1

      @@projectfinance I noticed the plant. I thought, humm, that must be new.

    • @projectfinance
      @projectfinance  3 года назад +2

      @@famjamfisch Good eye. There will be a new light in the next video over my left shoulder. And a BIG surprise for a new light that will replace the Chicago skyline picture.

    • @famjamfisch
      @famjamfisch 3 года назад

      @@projectfinance As soon as I see the thumbnail, I'll be clickin'.

    • @mikebooth9177
      @mikebooth9177 3 года назад

      @@projectfinance I miss the Pulp Fiction artwork though. :)

  • @mmloseke
    @mmloseke 3 года назад +4

    Yo glad to hear your rec for the What Is Money series...watched/listened to those a few months ago and it changed my whole perspective too. wagmi stay in it 🤙

    • @chrisbutler1371
      @chrisbutler1371 3 года назад

      It's so good. Blowing my whole mind. Not done yet!

  • @RichPlusHappy
    @RichPlusHappy 3 года назад +2

    Oops, this didn't age well... God damn Elon

  • @johnjanezich3550
    @johnjanezich3550 3 года назад +3

    Love the play but maybe a day early lol

    • @projectfinance
      @projectfinance  3 года назад +4

      As soon as I published I saw the Elon news. The good thing is bitcoin is bigger than one individual/organization. That's the point. And the energy consumption argument can easily be refuted. A majority of bitcoin mining consumption uses renewable energy. The world consumes 160,000 TWh per year (based on data from 2019) and it takes 120 TWh to run the entire bitcoin network per year.
      Lastly, bitcoin miners are incentivized to use renewable energy sources and reduce the costs of their operations, as their profitability depends on it. The miner who can get the cheapest energy wins. Is bitcoin perfect? No. But the energy argument is far from the evil thing the pundits would have you to believe.

    • @zunedog31
      @zunedog31 3 года назад +1

      @@projectfinance Something about the Tesla announcement stinks. Are they bending to the environmentalists? Do they really see themselves as a green company more than an innovative tech company? No one buys their cars because they are eco friendly, they buy them because they're cool and the tech is amazing. Are they really going to bend to the autharitarian green mafia?

  • @embarq12
    @embarq12 3 года назад +2

    Assuming Bitcoin will appreciate, you are also assuming that MSTR will perform well as a business. Hope you have evaluated their future cash flows

  • @jamessmart5291
    @jamessmart5291 3 года назад +1

    I have a question Bro. In my case, the price of options decrease when closer to expiration. Then even the price hits the target, the price does not cover the cost that I initially paid. Can you explain please

  • @dheerajchidambaranathan
    @dheerajchidambaranathan 3 года назад

    What happened to your P/l YTD? I thought when you showed your TSLA positions, you were well more than 50k in profits right?

    • @projectfinance
      @projectfinance  3 года назад +4

      When you're long stock/options and then the market crashes, you lose money.

    • @dheerajchidambaranathan
      @dheerajchidambaranathan 3 года назад

      @@projectfinance oh no! Sorry to hear that. Didn’t you make your TSLA position bulletproof by converting it to a vertical with no risk to the downside and capped upside?

    • @projectfinance
      @projectfinance  3 года назад +1

      @@dheerajchidambaranathan It's all good :) things go up and come down. Can't get bogged down in the daily P/L. I have 70 shares of TSLA and two risk-free call spreads (the 700/800 and then the 900/1500).

    • @thrashers13
      @thrashers13 3 года назад

      @@projectfinance Not if you are long puts, or have I missed something fundamental? I'm still relatively new to this stuff. Thank you for making these, by the way. You have helped me tremendously.