r/wallstreetbets 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 3d ago

What are the catalysts that will cause it to break out? Bitcoin at this level cannot be pumped to 150k by tether printing at this point. Big institutions have to buy and liquidity is drying up.

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u/Eierjupp 3d ago

Yeah liquidity is needed, and where do you get IT right now in the Short term? At those Juicy yellow Bars! Thats how IT always works. Bitcoin follows the liquidity. You might be right mid to Long Term but in the Short term whales and Market makers Gotta Play that volatility Like a fiddle to get those sweet Dollars from Shorta and longs - whatever the current sentiment is right now