That $STRC pattern is tracking perfectly. With the ex-dividend date set for tomorrow, April 14, today's volume is already surging.

Your math on the T-1 spike is solid. Historically, $STRC sees its massive liquidity event the day before ex-div to capture the yield. If we hit that 12.8M share target at a $100 par value, you’re looking at $1.28 billion in daily turnover.

Smart money builds while retail panics, right?

You're essentially watching the Saylor Effect play out in the preferred market.

Are you planning to hold through the ex-div drop or play the volume spike?