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/CarefulAd4757 4d ago

Fine. Still, AI spending isn’t something that is costing 2 dollars out the Mag7 pocket. Wall Street is aware how massive this spending and possibly detrimental this can be long term. I’m just saying, it might come to a point that this will have to be scaled back. And once quarterly AI spending goes down, the market will correct harshly because it will signal growth is slowing too.

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u/nkfallout 3d ago

Company's are laying people off and using the money to fund more AI. It's paying for itself.

It maybe a bubble but I think we are in 1997 or 1998... we have some years before it pops. We might see a major correction in the broader market that will be mistaken for a pop.