Re: Cash covered PUTS on UPST

The week's question

In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.

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No. of Recommendations: 1

Well, the advantage of chickening out and closing the position early is that I missed both the meteoric rise but also the subsequent plummet.

However, that volatility should make the put returns even more outrageous.

I'll take a look tomorrow (Monday 26/Jun).

'G

PS: This is nothing more than gambling; and I got lucky. There is no skill or experience involved here, and I will be the first to admit it.

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This community has written 123 posts about Upstart Holdings. The article-length ones it recommended most:

Upstart, an introduction · 17 recs · 2022

Upstart's cash burn · 13 recs · 2023

Upstart Breakeven Analysis · 8 recs · 2023

Upstart (UPST) Q2.2023 Forecast · 6 recs · 2023

Q1.2023 Forecast · 5 recs · 2023

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