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Tim Biggam

Why The Latest Trade in MSTR Was The Best $30 Profit Ever

MSTR Tim Biggam Tim BiggamTim MicroStrategy POWR Options

POWR Options just closed out a bearish put position in MicroStrategy (MSTR) Wednesday for a $30 gain, or a little over 6% in the 9 days we held the trade.

While this might seem like just a small profit (which it was), the fact that it was not a substantial loss is a testament to the use of options in place of stock to take a shorter-term directional stance.

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