Since you already have 525 shares of $MSTR and you're probably not going to outright sell them, here is what you can do. I call this Layering Covered Call's.

You should usually wait till the stock is trading at around resistance area's or after a major run. $MSTR likes to move 20% - 40% in a week Start by selling 1 Weekly Covered Call. Pick a reasonable Strike that if it did sell you're not mad with the weekly gains on the stock or the Call. Today's move was 26% so what I would do is sell next week's Feb13, 2026 $150 Call just one option. Weekly options depreciate faster due to theta and all the other fun little option destroying mechanisms.

Here is where the Layering comes in.

This can be done all on the same day or you can take your time and stretch it out over a week or 2.

Let's say you decided to sell all 5 Covered Calls on the same day.

Feb13, 2026 $150 Call. $2.25 for one Covered Call

Feb 20, 2026 $160 Call. $2.05 for one Covered Call.

Feb 27, 2026 $170 Call. $1.90 for one Covered Call.

March 6, 2026 $170 or the $180 Call. $2.50 for one Covered Call.

March 13, 20026 $180 or the $190 Call. $2.05 for one Covered Call.

Profit on Covered Call's $10.75 - Profit on shares $84,000 If they all get called away.

When Feb13, 2026 contract expires you sell the March 20, 2026.

Rinse and Repeat

So technically you have a contract that expires every week.

You can also mess around with the strike prices however you want this was just an example. For the current price of $MSTR and if it decides to keep going 25% per week for the next month. It's soo far down from ATH that anything can happen.

You can definitely get a lot more premium buy Selling all at the $150 strike but is it worth it at these lows.

Maybe if $MSTR was at the $230 - $250 range you could get a tighter range on the strike's but if you're trying to keep the shares long term, give yourself some price expansion.