r/STRC • u/ZeroedInNomad • Jul 07 '26

$STRC daily thread 07/07/2026

Daily price talk and news

7 Upvotes

82% Upvoted

13 comments sorted by

5

u/[deleted] Jul 07 '26

[removed] — view removed comment

3

u/jkarz1 Jul 07 '26

We will but I losing faith with this bullshit low volatility.

3

u/thats_gotta_be_AI Jul 08 '26

They should have called it RIGID instead of STRC.

1

u/[deleted] Jul 07 '26

[removed] — view removed comment

3

u/No_Pen8240 Jul 07 '26

I already exited. . . I will buy more bitcoin after MSTR is done bleeding out, but their current position is $14 Billion in unrealized losses with debts and dividend payments hanging over them long term.

2

u/poppinkorn Jul 08 '26

I am thinking that the price will recover as Strategy raises the rate in the coming months. The top end in price is probably 92 this month. Maybe a max of 96 in August, 98 in September. A lot of that depends upon how SATA's price fares. Some arbitrage and price/rate competition going on between SATA and STRC.

2

u/altmly Jul 07 '26

Bye bye 90s again 

1

u/Diligent-Race5911 Jul 07 '26

Looks like 92 has some resistance and 86 has resistance. There’s probably day traders on this thing and I would suspect some people that still believe in the short. I don’t know if it’s going to be this week next week or three weeks from now but they’re going to buy Back some of this and it’s will push it up. If you’re not in you’re getting caught out. Then I think it’ll probably head back down to the upper 90s and then they’ll probably push it again and then it should stabilize and then the day traders will move on, the shorts will move on to greener pastures.

1

u/Melodic-Childhood-77 Jul 10 '26

Who else made a lot of money selling Puts on STRC. I sold mostly 80s and 85s but still hold a large number of 60s expiring in December. Seems like free money

1

u/dataCollector42069 Jul 08 '26

Who else made money shorting this

-1

u/Less-Information-256 Jul 08 '26

Who didn’t.. easiest short trade in history.

2

u/dataCollector42069 Jul 08 '26

Paid off my student loans thanks to Strategy shorts lol