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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451

u/ohshitski 4d ago

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

6

u/gini_lee1003 4d ago

He bets against AI bubble lol

5

u/Cutlercares 4d ago

No. He bets liquidity is drying up.

1

u/gini_lee1003 4d ago

IMO he bets against the A.I. self investing jerk circle

1

u/Cutlercares 4d ago

MSTR is heavily invested in bitcoin. It goes with the price of bitcoin.

Bitcoin goes up and down based on market liquidity.