Post #62 by hiphop on the Upstart Holdings board

Stocks A to Z / Stocks U / Upstart Holdings (UPST)

Unthreaded | Threaded | Whole Thread (6)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

Looking at these today, there seems to be some rather juicy returns, especially if one believes that UPST is still likely to climb:

Date     Strike  %ITM   Cash Req'd   Target         %return  Annualized  Income/Contract   Days to Go  UPST FOMO
 Jun-23    30.5  0.03%   $    28.40   $       2.10    7.39%    1251.53%   $        210.00          10       32.6
 Jul-23      30  1.67%   $    26.10   $       3.90   14.94%     209.43%   $        390.00          45       33.9
 Aug-23      30  1.67%   $    24.20   $       5.80   23.97%     192.77%   $        580.00          73       35.8

The July 30 PUTS seem like a rather interesting proposition, buying UPST at 26.10 if the price drops below that, or getting 15% (absolute) on your money to hold it for 45 days. UPST has to climb above 34 for you to have done better with the stock. Note also that if UPST keeps climbing, you would be able to buy them back at a significant discount.

What do you guys think?

--G

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (6)

Prev | Next

Announcements

Upstart Holdings FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.