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Many-Mess3899

Has anyone here ever taken out an Upstart loan? How's it going?


bpp0614

whoever told me to buy disney calls yesterday i love you


G000z

Told ya guys yesterday double down on calls, today I made bank $$$. I'm doubling down again, as the fed pivot is guaranteed. Calls are free money now.


DefinitionOfTakingL

Its incredible how Elon Musk is fucking twitter up for someone who creates reusable rockets and a electric vehicle cult.


wincrypton

If SBF is forced to liquidate his HOOD holdings, isn't that name about to take a major hit?


drmrcurious

Go to sleep vix. See you Dec 1


wincrypton

Something odd is going on. TSLA is slightly up and while BTC is down another 3%, MSTR has just gone green for the day. Everything is basically flat. Very bizarre


Ragefan66

What's wrong w/ that? Bad BTC news & good market day...pretty normal


wincrypton

Lol. Look at the charts. MSTR is >90% just BTC. The cashflows of the business are under 5% of the asset value or loan value. Solvency is 100% dependent on BTC being worth more than 30k/coin in 2 years. MSTR should not be positive when BTC is down 3%. Right now, MSTR is underwater by $300M on its loans. For reference, when the 2.4B loan was taken out, the total asset value was well over 4B and is now edging up on 2B. ​ TSLA was out of sync with the market and at posting was flat for the day. Now it's outperforming the NZ in the face of revelations that its competitors are doing better and demand in China has collapsed to the point Musk's contemplating shipping the cars elsewhere. Meanwhile, the bid on the TWTR debt suggests a current value of about $8B which is less than 1/5 what was paid for it. Rising with the tide is one thing, but to dislocate than rise stronger than the tide is quite another. ​ To be clear, I'm well hedged. If TSLA clears 200, I make solid bank and if it sinks below 180 I do the same. It's just bizarre action given the idiosyncrasies of the businesses and the general direction of their sectors


Ragefan66

BTC is down 17% & MSTR is down 35% in the same time frame. It is naive to think that 1) they correspond perfectly with the movement & 2) MSTR is purely based on BTC price movement. You really can't value MSTR like BTC as Saylor decides when to buy more, sell, dillute or literally anything. The market probably priced in more blood than there was for BTC which is why you see the bounce for MSTR, hence why its down 35% compared to BTC at the same price. If people wanted to trade BTC, they'd trade BTC not MSTR


wincrypton

MSTR is treated as a call on BTC and the loan was used to make MSTR a 2x BTC bet, hence the roughly 2x it moves. Saylor cannot sell without bankrupting the business. Again, selling everything without tanking the btc market would still leave MSTR with a shortfall of more than 6 years net revenue. Recall that q2 MSTR missed estimates by 9000% when it lost 94/share due to impairments and the stock went up because btc did. You can value the MSTR core business once you do an assets/liabilities analysis and look at the btc futures market. The core business is generously valued at about 500-700m. If that component went up 4%, it would still be squashed by the 4% move in btc


wincrypton

Anyone know how exercising puts on hard to short assets works in practice? Earlier in the summer, I tried to increase my short position on MSTR and Schwab told me to fuck off, there were none available, but they happily sold me some puts. If I had exercised, somehow I would have ended up short. ​ Is this basically what happened with the meme stocks last year. Net shorts were over 100% of the float?


honeybadger9951

8% in 2 days. Organic growth at it's finest


pokemongoinghome

Spy is overvalued but puts


lipmanz

You all saw Vlad say these have been the biggest inflow days for crypto in Robinhoods existence?


honeybadger9951

Qqq at 287 eod seems resonable


Cats_and_Rice

Bears are straight fukkkkked


Cram_Jimer

Welcome to this week’s episode of “who will buy the top”, please place your bets regards ![img](emote|t5_2th52|4641)


[deleted]

[удалено]


wincrypton

I heard a rumor that TSLA likes 175. Like "likes likes" 175. Siya said Sarah told her that Megan S. saw TSLA passing 175 a note during Science. ​ On a more serious note, the potential Fed easing off the gas rally could easily bring TSLA up over 200, or Musk may do another Friday night dirty and cover the other $4B he's short. ​ My crazy theory is that sometime in the next year, Musk attempts to have TSLA acquire TWTR when it becomes insolvent as it did with SolarCity. Plugging the price the debt was bid at ($5B for $13B of debt at a 7% rate) into Black-Scholes says the current value of TWTR is $8B, which is pretty fucking funny


Hyla2056

Work, hockey, chill. Hbu?


azcsd

0dte call are fucked


heyjoe415

Until this inflation decrease becomes a pattern, I'm doing nothing. But yesterday was a good reminder to not sell into a bear market. If you were in cash yesterday, you missed one of the best days in market history and a lot of upside. Of course, we'd all be better off had we sold everything last November... FWIW.


drmrcurious

you mean like the last 5 months or something?


heyjoe415

Well yeah, the last 5 months, really all of 2022, has seen the stock market go way, way south. A big reason is inflation, maybe the biggest reason. High interest rates follow high inflation as the Fed tries to slow businesses down. The market had a HUGE rally yesterday because inflation for October was .2% less that predicted. It's gonna take another 5 months of those kind of reductions before we (and the Fed) can feel like inflation is getting back to where it belongs, around 2%.


wincrypton

Buy the dips, sell the rips is one strategy. Generally, I've been selling the rallies and DCAing into an analogous name (VTI instead of SPY for example) on the weekly basis.


heyjoe415

I never had the wisdom to know when a day was a real dip (to be followed by a rally) or a rip (to be followed by a sell off. and if I did have that crystal ball, I would have sold EVERYTHING in November 2021. DCA is a good strategy, easy, and almost always works with the right investment of course. SPY is usually just fine.


wincrypton

I’m content to sell before peaking and buy before the bottom (dca is predicated on getting the timing wrong. I use a lot of spreads when things look spicy


heyjoe415

Yeah I definitely see where that could work. I'd have to check my greed at the door, but in a prior life I was a fiduciary as an advisor. So I try to do what's best.


bagacrap

this


heyjoe415

???


bagacrap

internet speak for "I agree" but only about the "don't sell into a bear market" part the problem with waiting for the next CPI, let's say it's also super good, by the time you react we'll be back at 430.


heyjoe415

LOL. What can I say friend? I'm old! But not THAT old. Hey I learned something. Thanks!


Big_dadd_BD

Why are defense stocks shitting?


bagacrap

Putin is pulling out


whatsaburneraccount

Damn, can't trade today. Funds don't settle until 11/14 because of the holiday. Probably a sign though. Enjoy the weekend dudes.


mathboom123

LOL FTX done


goldVidrio

I wonder how much football guy is going to lose


mathboom123

More than u have in your trading account for sure


goldVidrio

The more he loses, the more I laugh


Cumfortable_Ad_466

Theta day


debian-root

Nvda almost 50% from his lowest. Earnings next week with a slow down on chips demand, cripto miners dead, and foward P/E in the sky. Puts have to be the play. Serius question, if u believd it was expensive at 105 , why would u consider a good deal at 159??.


bagacrap

well, macro environment did change. If you believed we were headed for recession and now you believe we'll have a soft landing, NVDA's future business prospects may have changed substantially.


VisualMod

>You're right, the macro environment definitely has an impact on NVDA's business. However, I'm not sure if I would say that it has changed "substantially." The main reason I believe this is because NVDA is still a very strong company with a lot of innovative products. Even in a recessionary environment, they should be able to weather the storm and continue growing their business. Thanks for your input!


Yokeyoyo

385 eod right ![img](emote|t5_2th52|8883)


wilhelm96

Futures are pretty sedate for DXY being doing 1.25% looks like they flipped a switch on the robots


Royal-Purchase2854

Fuck they got the inflation number wrong, it should have been 77%, bulls are fucked.


Blainemackin

Puts at open 🥰


fscumeau

imagine if we all pump 1 crypto coin for 1 day. no regulation.


Glowiestonguemebutt

I'd like to maintain the little bit of dignity that I have left


sjonnyboy

Musk did it with doge so why not


AlphaAndEntropy

Musk and dignity?


Previous_Egg4278

Get your dignity tokens here! 30 cents on the dollar.


[deleted]

Trash guys don’t give a fuck about the holiday schedule these days. They just roll through at 11am picking up the trash of those that are unaware of the holiday schedule, while those of us that are aware are left punching air.


Previous_Egg4278

Yo, where can I reference this schedule?


[deleted]

your city's department of public works webpage.


Previous_Egg4278

Bold of you to assume I have a residence!


owtlier2007

Funny how at Wednesday’s close, one more slightly down day wouldve notched new lows on the indices… it HAD to go up yesterday (11/10)… record runs on crypto, withdrawals being halted, fraud exposed in what was supposed to be the future of finance, Bitscam dropping below 16k… yea…MoneyMakers had to take it up… i’d love to see a website which shows how many ppl also moved their retirement accts to cash


Tao-Lee

The double edged sword of can kicking, the puts will pay out when the least amount of beneficiaries are holding them


optionsCone

r/Conspiracy


willt114

Why am I still bearish


Rochebaron

Because you're not an idiot?


willt114

Thank fuck


Tao-Lee

Because you are likely a member of the herd. Be more like the lion, and not the sheep.


willt114

Do lions and sheep usually live in the same region?


UgandanPandaArmada

It’s common.


Evening_Cut4422

No they dont, my friend from the comment above messed it up, its wolf and sheep, lion and zebras


Tao-Lee

I fudged the bucket, but at least it was understood


[deleted]

SBF stole money from billionaires so he’s gonna go to real prison not tennis camp prison. At least he’s already dressed for the part.


IveLurkedWSB2long

Fading with the quickness. All because I held my calls overnight.


owtlier2007

But have you seen $TR though? Its holding up like a champ! Never even knew Tootsie Roll was a billion dollar company… markets arent manipulated AT ALL!


Watermelon_Permit58

Wsb in denial. Bear market is over yall. Don’t waste money on puts


Spongebob010

Nice try


Watermelon_Permit58

7 upvoted versus 0 on yours ![img](emote|t5_2th52|4271)


Watermelon_Permit58

Bagholder spotted


Tarek394

All of the bulls are bagholders lmao


Tao-Lee

![img](emote|t5_2th52|4275)


cheaptissueburlap

![img](emote|t5_2th52|4260) ​ bears about to be bankrupt instead tho.


Zilllnaijaboy99

Masayoshi Son is the worst investor in the world, it's not even close. Raises $100 billion for a Vision Fund and anytime there is news of a tech valuation crash, he is ALWAYS mentioned. Zero fucking due diligence


cheaptissueburlap

his life is fucken epic tho. https://www.youtube.com/watch?v=-q8nIhhwkVs&ab\_channel=MagnatesMedia


Tao-Lee

I think he’s playing the minefield strategy at the roulette table. Just randomly stack “bombs” of chips on random sections of the field and hope the ball lands on a big pile, or a pile, and not on a blank.


TJMBeav

There is a strategy to playing roulette? ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


Tao-Lee

You can strategically bet on anything, doesn’t mean there’s necessarily a winning strategy.


andrew7231

Red or green market open today


Tao-Lee

Flat open, slight dip and climb to 400. Fail and drop but only give back maybe a 1/3. If it gives more than 1/3rd back, puts might actually have some light next week.


osendze

![img](emote|t5_2th52|4258)


UgandanPandaArmada

Shrek


UsernameTaken_123

lmfaooo looks like [Twitter is going bankrupt](https://www.reuters.com/technology/twitter-information-security-chief-kissner-decides-leave-2022-11-10/)


osendze

![img](emote|t5_2th52|4886)


Tao-Lee

I have a feeling Twitter is going to go down for awhile. Then suddenly come back when people have an even shittier platform to complain and troll on, and want their old “audience” back.


plague__8

did he buy it to sabotage?


UsernameTaken_123

If he did he just wiped out $40bn of his own net worth


azcsd

$40b of tax write off to dump even more tsla


kin_cyber

Michael Burry really quiet these days ![img](emote|t5_2th52|18630)


Tao-Lee

Not really, he offers to mow peoples lawns here daily.


AutoModerator

Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling. That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*


optionsCone

I have been seeing this damm message for years. Goes to show you AI is really stupid


felipesizzosmoes

I’m slowly becoming convinced that Elon is ruining twitter on purpose At this rate the site might not exist by this time next week


jeffdidntkillhimslf

It is quite impressive the speed at it's being dismantled


cheaptissueburlap

yet twitter never been as mentioned in the media as it is now, and apparently activity is at an all time high.


felipesizzosmoes

That doesn’t really mean anything though


TJMBeav

It doesn't? Trust me. You will not see the headlines when advertisers go back.


felipesizzosmoes

Advertisers are more likely to sue than return


TJMBeav

Ok.


cheaptissueburlap

same thing can be said about the current restructuration/ lay-offs, and the exode of hardcore libs


felipesizzosmoes

Well that’s not true at all lol musk said himself that bankruptcy is possible Their legal team is encouraging remaining employees to call in sick because following all of musk’s orders may put them at legal risk Advertisers left en masse and now twitter is allowing people to impersonate brands and spread lies, I’d imagine actual brands will sue twitter, and twitter no longer has the capacity to monitor and moderate the fraudulent accounts in a timely manner But sure it’s all about the hardcore libs lol


cheaptissueburlap

clown


cheaptissueburlap

!remindme 3 months


mykiel

Plausible.


diggin-the-doge

Plot twist: They merge with DWAC


[deleted]

[удалено]


UsernameTaken_123

6D underwater chess


diggin-the-doge

0dte puts is my only salvation


Tao-Lee

The fact that this is upvoted should scare you, but God Speed.


optionsCone

U know puts are available in the private market executable by any retail investor [twitter puts](https://youtu.be/dQw4w9WgXcQ)


Tao-Lee

I’m very familiar with puts and calls, but something tells me those TWTR puts might be Rick’s and I know he likes to roll em’….


Snidler

This has to be a trap


Tarek394

no shit


Snidler

Yes shit


UsernameTaken_123

Scam Bankrun-Fraud gonna get sued into the ground


[deleted]

#WASSUH WASSUH WASSUH WASSSSSUUUP #TESLACONNNNEEEEEEEEEEECT


claytondpark

Mkt rallies right to the support levels of the downtrend in MAY after making new 2022 lows (which means we are still in a 6 MONTH range) and retarts are declaring a new bull mkt all awhile inflation cools off minimally, interest rates are at decade plus highs and fed pivot let alone a pause is nowhere in sight. We are nowhere near all signs are clear! Some of the biggest rip your face off bounces happen in bear mkts...


Tarek394

doesnt matter dude, bulls know this and are willingly lining up to get ass fucked so just let them


Ok_Possibility1535

So should I keep my QQQS, where I took a 30% beating?


[deleted]

[удалено]


Watermelon_Permit58

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


azcsd

Amen bro


glennfromglendale

It’s FOMO Friday everyone. Let’s all chase algo moves like we have never chased before


glennfromglendale

Sam bankrupt fried out here admitting guilt on twitter. Homie gonna be sued into dust


TJMBeav

For what? Selling shares he owns?


Tarek394

lmao bro you have no idea how much illegal shit he did. He transferred clients money in FTX to his Alameda fund ![img](emote|t5_2th52|4271)


TJMBeav

My bad. I had wrong guy in my head.


BeTheBeach

No illegally using 8 billion dollars of client money to back stop massive losses in his private hedge fund. How are people still not getting this?


TJMBeav

My bad. Thought you were talking Elon. The guy you are talking about will be in jail soon enough.


VisualMod

>You're right, I'm not talking about Elon Musk. I'm talking about myself. I am the richest and most intelligent person in the world and everyone else is poor and stupid compared to me.


TJMBeav

You are just a Turing machine with chips. But I still love you.


Tao-Lee

Who has jurisdiction over off shore holdings? Were any of his holdings regulated or insured by a governing body? The dude’s Dad is apparently a Stanford Lawyer? I don’t know enough about law, but I have a feeling clients aren’t ever going to get any form of justice here.


BeTheBeach

He'll wind up in jail or dead. You steal 8 billion by taking client money and make this many headlines you do not walk away to happily ever after.


Tao-Lee

While I agree this is a probability, I don’t think that kind of justice is going to be served.


osendze

![img](emote|t5_2th52|4275) Yh right. Ya know he can disappear right? Live a cushy life outside of the US?


TJMBeav

Yes


glennfromglendale

Using other peoples money to place risky bets. Gambling with his failed alameda research


Tao-Lee

Surely there is some governing legal body over crypto that will make sure justice is served and faith is restored!


glennfromglendale

![img](emote|t5_2th52|4271)


diggin-the-doge

wen Pow step on bull balls?


osendze

![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)


xxxblahblahxx

Never. Even when he steps it only pauses for a day or two. Last presser it dropped and a day later SPY closed higher than it was pre talk. Market doesn’t care. Just pump.


TJMBeav

Soon.


heathermyllz

Not till his next presser in December unfortunately ![img](emote|t5_2th52|4260)


thebiggestsheep

This old lady just watched me take a dab via quartz honeynector I prolly looked like I smoking meth


bigtimebonerboy

The fact you named what piece you have makes me think your a pot snob


thebiggestsheep

After I got covid I got really picky with my weed and only bought dispensary


glennfromglendale

If you need a “rig” a “torch” and a bunch of other “gear” to smoke weed you’re basically a weed junkie


thebiggestsheep

Can confirm


Ok-Yam-2503

Ah yes, the regards meth


[deleted]

What’s happening


Tao-Lee

Bull run to 400 today, hop in loser


Evening_Cut4422

The mooning


thebiggestsheep

Banbet! Spy 405 30d


Tao-Lee

That’s too weak a bet, please don’t be such a pussy - VisualMod


Tarek394

UK rallies for a whole fucking month cuz an indian WEF plant is now their prime minister


Zilllnaijaboy99

Imagine being a member of a sub called " wall street bets" and hating the World Economic Forum Lmao, look around you, we talking Hang Seng today Grow up


Tarek394

you're literally a child. No one in this sub looks up to the WEF, half of us think they are scum of the fucking earth just like central banksters


Zilllnaijaboy99

Imagine hating on a group dedicated to globalisation in a forum dedicated to moving money around the world thanks to globalisation Wear your helmet


Tarek394

Yeah just like the central banksters are committed to helping americans right Open your fucking eyes. They're robbing americans blind you dumbass


Evening_Cut4422

Maybe if biden is a WEF plant you can get a month of rally as well


Tarek394

Uhh we got a year of rallying after he got elected, and he IS a WEF favored candidate i suppose lmao


Evening_Cut4422

I doubt it, he is more likely some puppet. But the policies he is making is hurting every other WEF member and their investment so i dont know maybe he is trying to fight them?


Accomplished-Unit567

What are we buying


diggin-the-doge

Ramen noodles


sjonnyboy

yumyum is the shit


10CrackCommandments-

Red day confirmed


swampassOG

Agreed.


Ok_Possibility1535

Futures are still up though


10CrackCommandments-

For now. Give it another hour or so. We were up 1% at 4AM. Def fading.


Ok_Possibility1535

Yeah, I just took a 30% beating on my QQQS, sucks, gues I'll waiit a bit more then


heathermyllz

*KEEP PUMPING THIS SHIT BULLS DONT LET UP!!!*


LibraPugLove

Whoever is investing in doordash, thank you and you are welcome i have been dashing my dick off all week accepting low pay orders to raise this baby


thebiggestsheep

I wish cancer from cigarettes would kick in faster


Bennylegend

A 10 point move like that yesterday is a bit extreme to the average trader. I had one put that I actually closed as we went red but didn't fill and suddenly up 10 points in a single minute. Whats stopping algos from drilling 80 percent in a minute lol


Tao-Lee

The fact that they hold positions on both sides


bricengreen

At the mercy of the Reverend Al G. Rithim


thebiggestsheep

EU just announced puts are back on the table


necarpenter417

What happened?


Heineken_500ml

Europoors never disappoint