SpaceX stock drops 47% from its post-IPO high after a series of launch aborts, sending a chill through the broader tech and AI market ahead of August earnings.
I don’t think we’re good enough at shitposting… We’re probably mostly theta-gang
They said, I got a monthly put position in on spcx’s fall, made my 40% and got out
There’s been 3 or 4 IPOs now, where ive wanted to buy puts for 6m to 1y out when I see a peak like that, and im always afraid to pull the trigger.
In this case i saw it hit 220, and come back down to 200ish, and I said if it goes back to 220+ ill get a few.
It never went back up.
Maybe next IPO.
Do we have a wsb community?
I don’t think we’re good enough at shitposting… We’re probably mostly theta-gang They said, I got a monthly put position in on spcx’s fall, made my 40% and got out