u/imacompnerd · 17h agono track record yet
Long 32,000 shares of RDDT
Long RDDT $130C exp Nov 30 · 220 contracts
Long RDDT $100C exp Mar 31 · 180 contracts
Short RDDT $135P exp Jan 31 · 110 contracts
$6M+ RDDT YOLO. 32,000 shares, 400 ITM calls, and a shitload of conviction!
Reddit is severely undervalued at $154/share given 60%+ YoY revenue growth, 91% gross margins, $2.8B in cash, and $0.7 PEG ratio. Significant monetization upside remains in international markets (current $2.26 ARPU vs $11.85 US) and AI licensing deals represent unpriced optionality; author targets $1,000/share potential.
At post $159.93Now $160.97+0.7% since postedas of Oct 9, 10:31 AM ET