Despite dropping 7.5% on Monday, MicroStrategy (MSTR) stock is still up more than 480% year-to-date as the software company continues to buy more Bitcoin (BTC-USD).
Defiance ETF CEO and CIO Sylvia Jablonski joins the Market Domination team to discuss Daily Target 2X Long MSTR ETF (MSTX), the firm's newest single-stock fund covering microstrategies. I'll tell you.
“With the resurgence of option-backed ETFs, single-name leveraged ETFs, and covered call strategies, ETF providers, issuers, and option traders have realized that there are concrete ways to operate ETFs that are more efficient and cost-effective. And the use of options and flex options that allow you to gain Delta-1 exposure is a great way to really enhance the way you operate and strategically manage your ETFs…and get twice the exposure every day.”
Read Yahoo Finance's full interview with MicroStrategy Executive Chairman Michael Saylor.
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This post was written by luke carberry morgan.
