Despite falling by 7.5% on Monday, MicroStrategy (MSTR) shares are still up by over 480% year-to-date as the software company continues to buy up more bitcoin (BTC-USD).
Defiance ETFs CEO and CIO Sylvia Jablonski joins the Market Domination team to talk about the firm’s Daily Target 2X Long MSTR ETF (MSTX), its latest single-stock fund covering MicroStrategy:
“With this renaissance of options-backed ETFs and single-name leverage ETFs and covered call strategies and things like this, ETF providers and issuers and options traders have figured out that… there are more efficient, cost-efficient ways specifically to run ETFs and using options and flex options that allow you to get Delta-1 exposure, are a great way to actually enhance how you run the ETF and manage the strategy… We have a whole toolbox of tools that we can use to get the 2X exposure on a daily basis…”
Catch…
