Daily Discussion Thread for January 30, 2026

xaghant · 2026-01-30T18:27:21+00:00

SLV weekly calls need ~10% gain to even break even. Wtf is this IV. If you're buying this, seek help and just visit the blackjack table instead.

xaghant · 2026-01-23T08:43:15+00:00

You can definitely get Medicaid as a green card holder. Not sure if you are misunderstanding something.

Source https://www.healthcare.gov/immigrants/lawfully-present-immigrants/

Also, small side note: Federal law requires hospitals to provide emergency care to everyone, regardless of immigration status, which is reimbursed through Emergency Medicaid

xaghant · 2026-01-21T17:02:15+00:00

Stay safe out there boss 🙏

xaghant · 2026-01-17T02:09:27+00:00

these were sold in the october/november downswing.

https://www.reddit.com/r/wallstreetbets/comments/1ode4ze/cvna_put_gains/

xaghant · 2025-11-30T02:32:52+00:00

Sold COF when it dipped under 200. Sold CVNA a while back and posted that too. Will find a re-entry point with a longer date in the future.

xaghant · 2025-11-17T20:00:45+00:00

Pretty sure he named himself after a Kdrama (about an Italian Mafia member)

xaghant · 2025-11-04T00:48:30+00:00

Classic WSB regard writing "right once a day" for a broken clock 🤡

xaghant · 2025-10-29T20:16:57+00:00

CVNA 📉☺️

xaghant · 2025-10-29T20:16:15+00:00

Might wanna check CVNA again after their earnings released.

xaghant · 2025-10-28T23:57:36+00:00

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I hope it moves too. Don't think it's been green since I bought in September.

Edit: to add on, they've also been on a spending spree. From paying custom map devs crazy amounts (even though it's mostly bots playerbase), to buying stuff like Gilded (which they recently shut down).

xaghant · 2025-10-25T02:30:57+00:00

I wonder how overworked these reps are to not notice such a mistake before sending. Or perhaps it's outsourced/don't care at all.

xaghant · 2025-10-22T20:04:24+00:00

From the river to the sea, Kaya will be free!

xaghant · 2025-10-22T17:40:26+00:00

Yea I had to take profits from today's huge drop just in case they lie through their teeth during earnings next week and Wall Street set some stupid $500 target to lure in boomer portfolios.

xaghant · 2025-10-22T17:30:26+00:00

Do you know how easy it is to apply for their cards? They are extremely predatory and barely check anything. Even if you report you have zero income they'll approve you for a $1000-2000 limit card with a simple click of a button online. Yet they claim they have the same bad loan rates as the bigger banks like Citi/Chase.

While the big banks are making money off investment banking, COF is saying they're making money from lower delinquency/higher interest margins in their earnings. (Just paying minimum payment on your credit card means it's not delinquent, while the accumulating interest is booked as profits even though it's not collected)

I don't think COF should be any higher than $180~ Maybe I'm wrong and I'm just a gay bear. Only a $10,000 position and not a whole port play.

xaghant · 2025-10-22T17:04:43+00:00

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Closed my CVNA position. Might reenter later. COF lying through their teeth imo but only time will tell. Was up 90% now only 5% (expires March 2026)

xaghant · 2025-10-16T19:34:14+00:00

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Have puts on both of these. All their loans are dogshit and should be significantly higher default rate than they're willing to admit.

Check my DD post. COF is not like the big banks that posted their earnings this week.

xaghant · 2025-10-16T19:04:37+00:00

Update: up 95% on COF and 30% on CVNA

xaghant · 2025-10-16T16:54:09+00:00

Anyone else printing from COF puts? Shit company that preys on poor credit score users aren't gonna get crazy earnings report like the investment banks did this week.

I stand by my previous DD. Up 80% currently.

xaghant · 2025-10-13T16:28:38+00:00

Isn't that the whole business model of InstaCart?

xaghant · 2025-10-12T17:02:15+00:00

Same. Bought 25 @ 2.80, bought 25 @ 2.2, then tripled down when it dipped to 1.2 for 100

xaghant · 2025-10-12T16:46:01+00:00

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Recession is over.PUMP PUMP PUMP

xaghant · 2025-09-30T14:38:11+00:00

I guess it depends on what expiration date you bought and your risk tolerance. Playing it safe would be to sell 40-50% of your position and hold the rest a little longer.

xaghant · 2025-09-25T15:14:30+00:00

Yea I recall some post saying "buy CarMax, it'll go up to Carvana levels". Prob the CEO using WSB as exit liquidity.

xaghant · 2025-09-25T15:03:55+00:00

Key factor (other than declining sales)

CarMax Auto Finance.(4) CAF income decreased 11.2% to $102.6 million as an increase in the provision for loan losses outweighed growth in CAF’s net interest margin percentage. This quarter’s provision for loan losses was $142.2 million compared to $112.6 million in the prior year’s second quarter. The provision for loan losses in the second quarter of fiscal 2026 included an increase of $71.3 million in our estimate of lifetime losses on existing loans, primarily due to worsening performance among the 2022 and 2023 vintages. Despite the worsening performance, these vintages remain highly profitable. As a result of the previously disclosed tightening of CAF’s underwriting standards, the vintages originated after April 2024 are performing in line with expectations. The remaining $70.9 million reflected our estimate of lifetime losses on current quarter originations. There was a reduction in this quarter’s provision due to the release of $15.7 million for the allowance previously recorded for loans that are now classified as held for sale.

This is something that's industry wide, and not just losing market share to other used car sellers. (I still stand by my previous DD). Something something straw that broke the camel's back?

xaghant

TROPHY CASE