Bitcoin-Leveraged Play MicroStrategy’s Bullish Call Skew Disappears in Cautious Market Sentiment

in blurt-170011 •  20 days ago 

Traders are no longer chasing upside in Nasdaq-listed MicroStrategy (MSTR), a leveraged play on bitcoin (BTC), signaling a cautious shift in market sentiment. MSTR’s 250-day put-call skew, which shows the difference in implied volatility between puts (options to sell) and calls (options to buy), has bounced to zero from -20% in three weeks, according to […]

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