total-return tracks MSTR via modest covered-call cushion.
MST shouldn’t trigger panic because its long-term total-return behavior tracks MSTR, while covered calls cushion only part of the drawdown.
MST is treated as an “ETF wrapper” for MSTR, so the stock chart can look worse than total returns. The covered-call strategy with leverage cushions downside, but it can’t fully offset large Bitcoin drawdowns.
"MSTE & Bitcoin CRASHING Am I Worried? My Plan..."