When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.
Trade Alert - MicroStrategy Incorporated (MSTR) – EXPIRATION - LOSS
EXPIRATION of the MicroStrategy Incorporated (MSTR) December 2021 $580-$600 in-the-money vertical Bull Call spread at $0
Closing Trade
12-17-2021
expiration date: December 17, 2021
Number of Contracts = 6 contract
From the beginnings of a Santa Claus Rally to Fed Chair Jerome Powell doing a sudden 180-degree pivot, Powell single-handedly crashed the crypto bull-run in the short term.
Bitcoin is now consolidating after momentum has been subdued by monetary policy.
It quite might be the most irresponsible policy behavior I have ever seen.
Here are the specific trades you need to execute this position:
Expiration of 6 December 2021 (MSTR) $580 calls at….………$0
Expiration of 6 December 2021 (MSTR) $600 calls at………....$0
Net Proceeds:……………………..…….……….............………….….....$0
Loss: $16.55 X 6 X 100 = $9,930
