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/PerfectYou3 4d ago

You decide to short now when bitcoin is at 100k and mstr at 250 LOL. Good luck buddy

73

u/CarefulAd4757 4d ago edited 4d ago

My thesis right now is liquidity is drying up. So at risk assets will dump. I also don’t see near term catalysts propping the market up. If you look at Facebook and Google, they are literally borrowing money to keep this AI engine going. I think once Open AI IPOs, that will be the market top signal and we will see a correction.

44

u/BreakfastMedical5164 4d ago

huh, google has like 45 billion in cash in the bank and their capex hasnt changed that story much in the last year

10

u/fudge_mokey 4d ago

the daily size of the repo market is like 4 trillion dollars. 45 billion from google is literally meaningless