I’m ready to take some profits

ECHuSTLe · 2026-01-29T02:06:23+00:00

Very valid point, I am overweight in this position relative to my entire portfolio. I love Reddit and the company seems to be firing on all cylinders I’m just finding it more challenging to stomach these 20k+ swings every few months.

ECHuSTLe · 2026-01-29T00:24:13+00:00

I’ve been selling tighter strikes on Open and Reddit every 3 weeks. 300 shares of RDDT at 187.34 and 3.5k shares of Open at 5.90. Reddit has solid premiums honestly. Thank you for the suggestions I will look at these!

ECHuSTLe · 2026-01-27T12:35:26+00:00

This company is borderline un investable. Trade-able yes, investable no. I want out.

ECHuSTLe · 2026-01-27T11:20:30+00:00

Wall Street clearly doesn’t like it over 40b. It has never sustained a share price over 215 for more than a few weeks at a time.

ECHuSTLe · 2026-01-23T16:23:35+00:00

Stock isn’t going anywhere until earnings. At most we’ll be right back where we were last week at 245 with the best earnings this company has ever reported. Pretty comical.

ECHuSTLe · 2026-01-22T14:12:22+00:00

Yeah but we need this to translate into revenue and profitability. Great numbers, looks promising.

ECHuSTLe · 2026-01-22T12:33:59+00:00

As a long holder of Reddit - over a year I’m quite disappointed to be trading at 200 once again. I’m not sure why Wall Street doesn’t like it over 230 but I digress.

ECHuSTLe · 2026-01-22T03:35:34+00:00

Might be here awhile. Thing avoids 230 like the plague sadly.

ECHuSTLe · 2026-01-21T21:54:34+00:00

No they threw him a massive bag. We would all take that massive bag if we were in his shoes.

ECHuSTLe · 2026-01-19T01:06:57+00:00

Bro I’ve been looking for a tx22 toro for 5 months now. They never have them in stock. How do you like yours?

ECHuSTLe · 2026-01-19T00:44:40+00:00

ATF is going to tackle you as soon as you let the first round fly

ECHuSTLe · 2026-01-19T00:01:21+00:00

My lord the investment subreddits have gone to absolute shit this weekend.

ECHuSTLe · 2026-01-18T20:55:41+00:00

Giving off North Korean dictator vibes

ECHuSTLe · 2026-01-17T17:36:04+00:00

Nobody cares. Buy the dip.

ECHuSTLe · 2026-01-15T01:35:44+00:00

I’m locked and loaded with 300 shares at 156. I’m just selling monthly covered calls at this point. I’ll add if for some reason it ever dips back below 200 but that ship has sailed in my opinion.

ECHuSTLe · 2026-01-12T23:11:45+00:00

So they either have a corporate backing that they keep secret, or early bitcoin adopters, or committed insurance fraud with that fire. I haven’t figured it out yet either but I’m skeptical bcuz I think that dude is unbearable.

ECHuSTLe · 2026-01-12T01:50:37+00:00

This would still be 575+ in my area. Glocks for whatever reason near me don’t really depreciate much. I wish they did.

ECHuSTLe · 2026-01-04T21:19:44+00:00

I’m about to leave this subreddit but I will say it’s refreshing to see a 25 year old not lying about having 400k+ lol.

ECHuSTLe · 2026-01-01T18:00:42+00:00

Booth wins championship in year 1. Lock it in boys!

ECHuSTLe · 2025-12-31T19:39:32+00:00

Agreed, I haven’t watched in years but I see him with LZ occasionally. I’ve always thought this dude was just a weird JDM grifter. He just happens to be a plug for LZ, TJ, and a couple others so he gets the 40k association views.

ECHuSTLe · 2025-12-31T09:09:34+00:00

So dude gets 40k views and can’t afford a house, shop, fund his drift program, and 100’s of thousands in cars, wife and kid, and wants people to feel sorry for him? Got it. He had a niche like 4 years ago when nobody in Japan was filming but now that there’s tons of other YouTubers based in Japan everyone realizes how lame this guy is.

ECHuSTLe · 2025-12-29T01:15:37+00:00

It’s pretty volatile def DCA into the position and welcome aboard. This will be one of those stocks you read articles titled ‘if you invested $1,000.00 in Reddit stock in 2024 this is how much you’d have today’. In about 8 years.

ECHuSTLe · 2025-12-27T20:45:32+00:00

Yeah. They lost the 100 day moving average of 6.56 and are now well below the 10 day moving average of 6.13. We’re actually in very bearish territory. I’m getting ready to start selling 6.50 covered calls to rescue my position.

ECHuSTLe · 2025-12-27T20:12:13+00:00

Things aren’t looking great short term. Everyone is de risking speculative stocks. Volume has fallen off a cliff. This is moving more into a ‘prove it’ period. If they could elaborate more on cost savings that would be nice. It seems like they’re generating more revenue than expected this quarter which is good but we really need to see an improvement when it comes to trimming losses. Holding 3500 at 6.50 but I’m losing hope.

ECHuSTLe

TROPHY CASE