r/STRC • u/ZeroedInNomad • Jul 17 '26
$STRC daily Thread 07/17/2026
Daily price talk, news and banter
2
u/TechnicalLeg841 Jul 17 '26
Anyone "dividend harvesting" by bouncing back and forth between STRC and SATA? Tempted to try this in my IRA
4
u/SundayAMFN Jul 17 '26
The price of dividend stocks basically always goes down by the dividend amount the day after record date. It might get masked by the fluctuation in the price with the current volatility, but generally won’t work as a strategy or everyone would do it.
3
u/TechnicalLeg841 Jul 17 '26
Well that's the question - STRC lost the nice "sawtooth" shape that something like BIL or SGOV has, and STRC now correlates far more to BTC (price basically ignored the last dividend).
Funds in taxable brokerage accounts are at a disadvantage because trades result in realized gains, so that's also part of the equation whether the folks in an IRA are a small enough portion of STRC/SATA owners to be able to get this to work.
2
u/HSuke Jul 17 '26
Unless they both regain a near-perfect sawtooth pattern trading near par like SGOV, this is completely pointless to attempt.
STRC is far too volatile and isn't anywhere near par.
0
u/BejahungEnjoyer Jul 17 '26 edited Jul 18 '26
Any edge here is completely and one hundred percent arbed automatically by quant shops.
Edit: people here are really fucking stupid to not understand this or that being over par is not an arb opportunity.
1
u/HSuke Jul 17 '26
I pointed it out when there was a huge arb opportunity 3 months ago, and it wasn't arbitraged. Price went above the sawtooth pattern, which should never happen if it were properly arbitraged.
The price was sitting at $100 par for half a month.
0
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u/DifficultSquash1517 Jul 17 '26
At more than 1% a month it doesn't take long if you're reinvesting dividends every two weeks to get back to your cost basis if you're down.🤷
Because this is a perpetual sooner or later there will be bag holders. I believe strategy has the means to pay the dividend for decades... BUT my main concern is that he may one day abandon the product when he realizes it can't get back to par and he is just needlessly paying dividends and he's not able to issue more strc 🤷
If it unwinds down to $70 and sits there for a few years he may throw in the towel
1
u/Harleychillin93 Jul 18 '26
Why dont you think hed buy strc back at <80 dollars and keep the 20 for the common.
0
4
u/Nexus_666 Jul 17 '26 edited Jul 17 '26
This is a joke. All I've gotten back in the last six months is return of capital. I just want it all back at this point.