Re: Cash covered PUTS on UPST

The week's question

In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" 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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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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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

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Upstart Breakeven Analysis · 8 recs · 2023

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

Q1.2023 Forecast · 5 recs · 2023

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