imagine having this thesis - "i think maybe one day this team can transform the company and it could work out well in the long term" - and expressing it with two-week call options, love it

@matt_levine he likes the option Matt

@matt_levine It’s called conviction, Matt

@matt_levine "I simply like the stock (for these two weeks)"

@matt_levine

@matt_levine Now imagine the same pitch given by a 28 year old Ivy League grad to his PM at point72 w the added caveat that third party data is pointing to an earnings miss

@matt_levine the $zyn stays in

@matt_levine Lololol. That’s nails the problem. 🎯

@matt_levine Not only that, your investment thesis being “based on feel” 😳

@matt_levine Seems good

@matt_levine He’s a loser and will end up negative before the options expire (if holds)

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@matt_levine Then adding in the fine print: "maybe, you never know what could happen, i wouldnt bet on it or anything, or want people to follow, like waffle, waffle, blah, lack of confidence...."

@matt_levine He tried x.com/systematicls/s…

@matt_levine this rivals the SBF "say this box is worth x" riff

@matt_levine How's your portfolio look compared to Keith Gill's so we can gauge your track record?

@matt_levine nothing screams long term like having a live stock chart as the background of your stream and commenting on every tick

@matt_levine Is this losing deca-millions on a call position as a defense for securities fraud?

@matt_levine

@matt_levine Is it even possible to find "deep value" these days without short-dated options

@matt_levine there’s an annual meeting on june 13

@matt_levine Who is this post about?

@matt_levine He bought them on a dip and will just exercise them when he likes.

@matt_levine Yeah, his thesis not align with his position 😅

@matt_levine Lets compare return rates with Kieth and you?

@matt_levine He's accredited though. He knows what he's doing.

@matt_levine “And in the short term, we’ll see.” Just finishing out that for ya, even though you didn’t quote it word for word. Typical cherry picking. You must think DFV and RC are doofuses 🤡

@matt_levine imagine having this thesis " The SEC has no power to regulate my market manipulation, and no one else wants to pick up the slack . Atty Gens too busy prosecuting ex presidents for 10 year old poontang payoffs" 🤡

@matt_levine Expressing the thesis that someone else will have the same exact thesis in two weeks

@matt_levine Should have watched the Hello Kitty You Tube. More info 😂

@matt_levine And being up 180mill on it 💀

@matt_levine That stream was probably though of in the last 48 hours when rumours of market manipulation came up.

@matt_levine You're assuming that he'd sell the shares he acquires if he exercises the calls.

@matt_levine I like the puts

@matt_levine 25 point Octave... Nothing to see here... move along...

@matt_levine What happened to $cvna $upst $afrm.

@matt_levine The Picasso of finance

@matt_levine ..why do all of you guys bashing his options ignore his shares? Disingenuous.