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MicroStrategy's Bullish Call Skew Disappears in Cautious Market Sentiment

The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.

By Omkar Godbole|Edited by Shaurya Malwa

Updated Jan 2, 2025, 8:48 a.m. Published Jan 2, 2025, 6:30 a.m.

Mugs, cups, empty. (Nikiko/Pixabay) — Bullish sentiment has been drained from MicroStrategy options. (Nikiko/Pixabay)