SuperBearPut OP t1_j6jy2ba wrote on January 30, 2023 at 9:28 PM

Reply to comment by Environmental_Bad821 in $CVNA Short Puts (Bullish) | 411 contracts for $31K in Premiums | ~370K in Capital Required by SuperBearPut

thanks man, what should I do with this free 31k?

Environmental_Bad821 t1_j6jyvf8 wrote on January 30, 2023 at 9:33 PM

Honestly, I would wait for the FOMC decision and then place new bets. Personally, I'm bearish, but the markets can make crazy moves. Stay safe out there man and don't overdo it.

RockmanMike t1_j6k9xr3 wrote on January 30, 2023 at 10:43 PM

I've read even the used car market is starting to go tits up, but we'll see.

SuperBearPut OP t1_j6kec9n wrote on January 30, 2023 at 11:12 PM

that means bullish

RockmanMike t1_j6kehyv wrote on January 30, 2023 at 11:14 PM

Not exactly in a high interest rate market. But I wouldn't be surprised.