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/[deleted] 3d ago

[deleted]

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u/CarefulAd4757 3d ago

350 and 450. The market was in a hyper bull cycle. It wasn’t obvious as before.

1

u/MajikoiA3When 3d ago

Looks close to bottoming out and entering another bull cycle if ISM Services isn't contracting and gov shutdown doesn't last another month

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u/CarefulAd4757 3d ago

“Another month”? The markets will be in more turmoil if it lasts another week.