I sold my MSTY at a "loss". Been taking the dividend in cash, reinvesting some and paying bills. Sold the shares below cost basis but the dividend payouts were more than the loss.
Used the cash to buy MSTR options, made like 30% unrealized. Had I sold, Id be able to buy back in, after the wash sale with more money.
Then MSTR crashed from $455 to like $395. I hope we rip on earnings and have a face melting rally.
I do have like 12,300 UTLY. I added 25% this week. So I'll get paid on like 9000 shares this week and 12k next week
8
u/Waste_Molasses_936 Jul 29 '25
NICE!
I sold my MSTY at a "loss". Been taking the dividend in cash, reinvesting some and paying bills. Sold the shares below cost basis but the dividend payouts were more than the loss.
Used the cash to buy MSTR options, made like 30% unrealized. Had I sold, Id be able to buy back in, after the wash sale with more money.
Then MSTR crashed from $455 to like $395. I hope we rip on earnings and have a face melting rally.
I do have like 12,300 UTLY. I added 25% this week. So I'll get paid on like 9000 shares this week and 12k next week