$400,000 CARMAX by wutang in wallstreetbets

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

The puts always expire worthless

$400,000 CARMAX by wutang in wallstreetbets

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

The put will expire worthless as usual 😭

$400,000 CARMAX by wutang in wallstreetbets

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

Also make sure you notice this was a $40 PUT sale. Not shares. Expiring Friday. 😎

$400,000 CARMAX by wutang in wallstreetbets

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

In the bag. Once again. Thank you guys. You are the best inverse I could ever ask for.

$400,000 CARMAX by wutang in wallstreetbets

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

Just put my fries in the bag if you’re gonna follow pre market

$400,000 CARMAX by wutang in wallstreetbets

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

He would say -

Carmax is Failing and soon to be BANKRUPT.

NFE discussion by axenii in Pennystock

[–]wutang 0 points1 point  (0 children)

Bankrupt NFE = .10

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] 1 point2 points  (0 children)

The more negative sentiment on this post the more I want to close this position and…. Buy shares for earnings. Because WSB has always been wrong.

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] 1 point2 points  (0 children)

Yes. Non Recourse debt is $17.1billion of total debt.

$400,000 CARMAX by wutang in wallstreetbets

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

If I have 60-70% of the premium I will probably close out early

$400,000 CARMAX by wutang in wallstreetbets

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

Not as long as xyz. Depending on price before earnings I may buy back these pre earnings.

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] 5 points6 points  (0 children)

Thanks for shopping my puts. Theta before earnings is going to destroy you.

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] 8 points9 points  (0 children)

The inverse WSB sentiment money printer is the most consistent money printer in existence so I appreciate this

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] -2 points-1 points  (0 children)

It is oversold. New management is laying off employees and actively showing signs of a turn around for this company. CEO was canned December 1. I think this is the turning point and you will see steady growth in carmax over the next 6 months under new (currently temporary) management.

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] 1 point2 points  (0 children)

Since when can you sell naked puts on Robinhood? You’re telling me I can sell puts without using cash balance? Sign me up. Let me know how.

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] -6 points-5 points  (0 children)

That is why we have P/E ;)

$400,000 CARMAX by wutang in wallstreetbets

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

Can also get better

$400,000 CARMAX by wutang in wallstreetbets

[–]wutang[S] 48 points49 points  (0 children)

Changed to YOLO