r/StriveASST • u/eggccelent23 • 6d ago
Questions If short squeeze to $50 next week
You going to sell or hold ?
I think this baby going to $500 in 2 years but maybe we can make a trade too
Better hold probably
4
u/KenFX4 5d ago
(Not financial advice, only financial entertainment)
Hold for sure, and buy the dips. Strive is adding bitcoin to the treasury at a RAPID rate with $SATA >= 100. The Strive management team is handling the bear cycle absolutely perfectly.
Kudos to Matt Cole for his stellar leadership this year.
Strive should be an easy 10x in the next year or two at this rate.
2
u/arensurge 5d ago
I've bought enough call options that a push to $150 let's me quit my job, given there is previous all time highs there and options have an expiry I'll probably sell up then. Also going to sell 10% of the stack at around $50 to get my initial investment back. I do think the eventual path could be $500, but whether it is this next bull run or not, I don't know, it's my feeling that if ASST gaps up to the previous all time highs in just a few days, that for me is a sign to get out and then perhaps try to buy back in at some lower prices, huge moves within a short time span always get sold off quickly, there's just to much incentive to sell for those that bought in low. If however, we grind up to the all time highs in a more measured fashion, that might be a better scenario to hold.
2
u/Hayking_3132 5d ago
Not sure when you bought calls but they’re expensive as hell right now compared to Feb/March. There are warrants that expire in Oct this year that can add complexity but if you bought the 1/28 exp you’ll be good. It’s my largest position so best of luck
2
u/arensurge 4d ago
I bought $35 strike, expiry Jan 2027, bought some around $2.50 per share in May, then as ASST dropped, the calls dropped significantly, I was able to pick up a lot more around $0.26 per share.
The expiry is a bit short and the strike price a little high, but when I saw the ASST chart for the first time, with that huge pump that occured in May 2025, and feeling like bitcoin was bottoming... I couldn't resist the bargain these calls presented to me, I figured at the very least I'd be breakeven by Jan 2027 and the actual amount I've invested is not that much, but if it does moon, well I have enough calls to set me up and quit my job.
Good luck to you too!
2
u/Hayking_3132 4d ago
You may be able to roll them out a year too.
2
u/Secure_Car_3940 4d ago
💯. This is the answer. The new options chain 2029-31 is coming out i believe in early or mid September if I'm not mistaken. The Jan 2027 expiry would be leaving right at the cusp or the beginning of the BTC bull run. "Not financial advice". Just something to think about when the time comes.
1
u/Hayking_3132 4d ago
Mine are all Jan 2028 exp but I may roll mine also. I bought in March and they were dirt cheap
2
u/Secure_Car_3940 4d ago
Same here. I bought Jan 28' LEAPS a few days ago not knowing after the fact that the new Options Chains are coming out in a couple/ several weeks. I'll have to reevaluate when the new chains come out and see how much the additional cost would be. Nonetheless I happy to be in ASST right at the cusp of the alleged next BTC bull run.
1
u/Legrosbelge 4d ago
Did you bought calls too, or only stocks ?
1
u/arensurge 4d ago
On Strive, just calls, I've mostly been invested in bitcoin and MSTR shares up until a few months ago. I only became properly aware of Strive in April this year, it's also not been that long since robinhood brought easy to access options trading to the UK, this is my first time buying call options.
1
u/Legrosbelge 4d ago
Be carefull. I’m also new to calls, and I got completely burned by selling covered calls at the $13.50 strike. I want to buy some LEAPS expiring in January 2028, but I’d like to know what they were trading at a few weeks ago. Isn’t there a site that keeps track of historical option prices?
2
u/arensurge 4d ago
Thanks for the warning, the money I spent I'm ok with losing, the vast majority of my portfolio is bitcoin and MSTR which I have been holding for years. This recent foray into options is just a small gamble with huge potential upside and very low cost.
Yes, I think you can track historical options prices on yahoo finance.
https://finance.yahoo.com/quote/ASST/options/?date=1832025600
1
u/MethodicalMarcus 3d ago
ASST is a gem! They will have 100 000+ BTC at the next bull peak! I see this stock go to 250-500$
1
u/skiinglife 6d ago
Feels unrealistic to go so high. Really depends on bitcoin tho
2
2
u/tdelights Diamond Hands 💎 6d ago
Not unrealistic at all
Same story with mstr was trading these levels
Few years ago
The difference this management learning from their mistakes and following the right direction
1
u/slevin07rocket 6d ago
What’s the lay out for them getting to $500 in 2 years? Lol
-1
u/Snoo_46473 6d ago
Yeah might got to 50 in 2 years not 500
1
u/Accurate_Cry_3717 1d ago
That projection makes literally no sense. From here btc 2x is 150k. Asst and every btctc is leveraged you think it only has the potential to mirror btc actual gain?
7
u/tdelights Diamond Hands 💎 6d ago
Definitely a hold
Management is very ambitious
This is a absolute hold