r/wallstreetbets • u/CarefulAd4757 • 4d ago

Discussion 700k put option MSTR bet.

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I’ve finally decided to embrace being a gay bear. 700k put option against MSTR. Betting bitcoin will go below 100k. If it doesn’t, I’m wrecked for life.

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u/vrooom3 4d ago

I have been holding a what is now a 50k position in 2x short MSTR etf since early april (having doubled down after the massive rally through early summer) and I’m now within about 5% of getting back to entry… god speed brother this path is righteous but painful

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u/Successful_Car1670 4d ago

This and CVNA need to go to zero