Options Corner: As shorts leave, current poor performance of strategies may mean opportunities

As short positions in MSTR stock, which represents the cryptocurrency market, declined, contrarian investors saw opportunities as bearish pressures eased. Given that the correlation between short positions and stock price is -0.796 from 2021 to 2025, and the recent 4-6-D sequence list shows that there is upward potential, analysts recommend a 350/360 call spread strategy that expires on October 31, if the MSTR stock price exceeds $360, the target return is 153%.