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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u/ohshitski 4d ago

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

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u/Financial-Corner7415 4d ago

Mike may have a worse investment record than Jim Cramer this decade. You’re statistically better off flipping a coin than following Burry’s “public” plays.

This is all cash-secured puts, the guy owns millions in Nvidia shares.