Trade closed. ~$35k in profit.
Bought 8x $300p 4/24 CAR yesterday at 9:48am. Sold 3 yesterday for $4.70 to cover cost and just sold the remaining 5x just now for $69. LFG. Biggest trade of my life.
See you next week. Also, buy HTZ -> it will crush earnings. Currently holding 5000 shares.
CAR (Avis) Put $1200 -> $35,000
byu/originalpjy inwallstreetbets
Posted by originalpjy
18 Comments
wow
which ticker will you give it all back to?
https://preview.redd.it/gly59mv0nywg1.jpeg?width=115&format=pjpg&auto=webp&s=6be5757556da6bdf4d2d0a23b892d36d8261a5e8
Why did you sell all and not leave 1 runner?
https://preview.redd.it/vizduhzlnywg1.jpeg?width=320&format=pjpg&auto=webp&s=726cb21bd9def30b86135889458763fdeb32298d
Insane play. Congrats regard!
holy shit this is beautiful 😠car puts printing like crazy after that earnings miss
dropped 1200 into doorDash yesterday and made like 80 bucks driving in 8 hours so clearly im doing this wrong 💀 need to learn options instead of grinding for tips lmao
Hertz thanks you for your donation from their competitor
$1200 to $35k is crazy, congratulations. The biggest part of W isn’t the profit, it’s the early trimming and avoiding the risk. Most people end up doing one or the other.
And yesss… it might seem clear hindsight, but it’s ballsy to pick up on that pre-earnings move tho
https://preview.redd.it/0rp41zw5pywg1.jpeg?width=1284&format=pjpg&auto=webp&s=4dd177aeaa46193b1aa754768df8b366ae91bf79
Congrats regardless, I was a pussy and didn’t do it
I was looking at $250p yesterday when it was green and bitched out 😫 well done lad
Why do you think it will crush earnings?
What even was this company lmao
How the heck this stock can go up from under $100 to over $700 in 5 weeks? Did they get into AI business 😂
I got a couple open too. Wondering to book the 5x profit or let it ride. Can’t see it going back up.
Nice! I’m poor and can’t afford more than one option at a time, so I just sell when the I get excited. made like 600% on a $100 put. I rolled some of that into a $150 strike lotto for tomorrow and 3 $85 strike for 5/22 so I can catch earnings.
HTZ looking good 😂
My best friend told me about this on Monday when it was around $600. Said to play puts. Fucking kicking myself right now.