MicroStrategy’s Bitcoin bullish call skew disappears
Traders are stepping back from MicroStrategy (MSTR), the Nasdaq-listed company known for its leveraged exposure to Bitcoin (BTC). The shift in market sentiment marks a stark contrast to the once highly bullish outlook surrounding the stock. Almost a month ago, calls were commanding a premium. According to Market Chameleon, the company’s 250-day put-call skew, which … Read more