this post was submitted on 21 Jul 2026
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There's been 3 or 4 IPOs now, where ive wanted to buy puts for 6m to 1y out when I see a peak like that, and im always afraid to pull the trigger.
In this case i saw it hit 220, and come back down to 200ish, and I said if it goes back to 220+ ill get a few.
It never went back up.
Maybe next IPO.
Do we have a wsb community?
I don't think we're good enough at shitposting... We're probably mostly theta-gang They said, I got a monthly put position in on spcx's fall, made my 40% and got out