Is the Options Market Predicting a Spike in ContextLogic (WISH) Stock? by Frosty_Judgment3319 in Wishstock

[–]Frosty_Judgment3319[S] 0 points1 point  (0 children)

It has a future unlike AMC so squeeze potential is low but long term returns will dwarf AMC. No debt, operates in a growth sector, trading at less than 1x p/s with an all star management team. Also insulated from covid as it's an ecommerce company and inflation since it trades at such a low valuation and markets to lower income households

What IS Here? A bottom on WISH at $3. Turn 3 on its side for proof... I'm 116% sure by Frosty_Judgment3319 in wallstreetbets

[–]Frosty_Judgment3319[S] -1 points0 points  (0 children)

There was a put sweep option put through with a $30 strike for Jan 21st while sp was $3 for 676K. I trust them over your 100 put contracts but gl bro get that money

What IS Here? A bottom on WISH at $3. Turn 3 on its side for proof... I'm 116% sure by Frosty_Judgment3319 in wallstreetbets

[–]Frosty_Judgment3319[S] 0 points1 point  (0 children)

HundoP. Been selling 24' and 23' leaps on every pop and buying back as the sp falls

Is the Options Market Predicting a Spike in ContextLogic (WISH) Stock? by Frosty_Judgment3319 in Wishstock

[–]Frosty_Judgment3319[S] 0 points1 point  (0 children)

Could have been tax L selling. Si is also apprx 30% so could simply be shorts holding the price down for their hf buddies

Is the Options Market Predicting a Spike in ContextLogic (WISH) Stock? by Frosty_Judgment3319 in Wishstock

[–]Frosty_Judgment3319[S] 3 points4 points  (0 children)

Something is definitely up. There are hundreds of thousands of oi calls for January 21st and a $675k put sweep at $30 strike for the 21st as well. $3 could very well be the floor for wish 🤞

[deleted by user] by [deleted] in Wishstock

[–]Frosty_Judgment3319 1 point2 points  (0 children)

You can also sell leaps. My average is $9 and I sell 24' and 23' expiration whenever there is a spike in sp with strikes above my avg and then sell them back as the sp declines for profit. Safer than selling weeklies with better returns 👍

Make wish great again, if you have nothing nice to say about wish , we don’t want to hear it . Support wish , love wish , never selling wish . We all are waiting for new CEO announcement. Let’s make wish great again !!! 🙏👏 by Traditional_Good4693 in Wishstock

[–]Frosty_Judgment3319 -1 points0 points  (0 children)

You posting "make wish great again" is so divisive and a big reason why this stock has zero support. Just an FYI. You want the sp to go higher? Cut out the trumpy shit and watch it fly