In today’s briefing:
- Michael Green, CFA, Portfolio Manager, Chief Strategist, Simplify Asset Management
Michael Green, CFA, Portfolio Manager, Chief Strategist, Simplify Asset Management
- Mike Green explains how leveraged products on MSTR resemble a short straddle in their rebalancing requirements
- The two times leveraged long products, MSTU and MSTX, are unique due to their large size and underlying asset volatility, creating potential volume amplifying feedback loops
- The leveraged complex has contributed to the large premium of MSTR to the value of its bitcoin holdings, impacting ETFs forced to use options market due to limited leverage from swap providers
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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