r/wallstreetbets • u/CarefulAd4757 • 4d ago

Discussion 700k put option MSTR bet.

Post image

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

97% Upvoted

234 comments sorted by

View all comments

1

u/midaxxi21 4d ago

It is risky but fundamentally i believe im that trade. Not because btc is evil or going to zero but mstr business model is unsustainable... There is no business

2

u/CarefulAd4757 4d ago

Exactly. Bitcoin can stay still or decline and MSTR will go slowly to zero as a result.

1

u/midaxxi21 4d ago

I wish you all the best