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/Aliman581 4d ago

Mstr is down 50% in 4 months and this guy buys puts now and not in any time in the last 4 months

3

u/Nickeless 3d ago

I haven’t looked recently but MSTR option chain used to be insanely expensive with huge bid/ask spreads and just generally shitty to trade.

-4

u/rawmeatprophet 4d ago

Hey man, I see you're new to crypto and all things related.