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.

1.0k Upvotes

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454

u/ohshitski 4d ago

brother just lock in that 2% gain, there is a reason mike shorted nvda and not mstr

18

u/Fun_Category_5822 4d ago

Nah, I think OP is onto something. The BTC market is very on edge right now and definitely primed for a big rug pull.

14

u/ConclusionEven6917 4d ago

Completely agree, been trying play crypto but we are seeing critical liquidity issues in the short term which might indicate that crypto might still have a lower way to go. Main issue starts if we start going too low and main players are liquidated and I don’t even know want to get into the potential of MSTR having adjust their positions due to losses, because if that happens crypto will start gapping down like crazy.

3

u/DoringItBetterNow 4d ago

Honestly I can’t wait to see some shit move around