Time to load up on MSTY again. Good news is BTC/MSTR are building up for a new high, meaning MSTY share price should also rise during div drop period.
Who's your broker? What's the margin requirement? At 100% margin requirement the cost per dollar margin is not very productive anymore.
First of all, MSTY is "sliding" because MSTR is "sliding". Secondly, who cares! Keep dropping so I can load up more compounding! You don't look at price drops in terms of "if divs can cover it"...you look at divs like "can they payoff another car loan" lol. Are you doing a MSTY regret calculator where every month you are out of it, you track how much you could have made?
No, i use MSTY for my +/- $1/share div profit then exit to trade volatile stocks for 30 days, and repeat. The volatility I could do without is the 3 days holding MSTY, because if share price drops it could wipe out the div gain.
But the share price already adjusts for the dividend before you can sell — usually right at market open on the ex-div date. You’re not locking in $1; you’re locking in a taxable event with price risk. Selling right after ex-div is the worst of both worlds: you eat the drop and miss the rebound. If you’re only in it for the div, at least stay long enough for the snapback. p.s ignore @johnarb...he drank the talking head cool aid again and went all in for bitcoin hitting 500k next week lol.
Yes, yes I do hold on for the snapback, if only because of your explanation. The risk is time to adjustment. $1/month is not worth the investment if the share price keeps sliding.