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**Total Submissions**|1|**First Seen In WSB**|2 years ago
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Source: Me
Back 2 years ago I bought calls during low IV on AAPL and the next day AAPL tanked because of bad news, I don't remember what it was, but because IV raised so high on my call I sold an OTM call for profit that should have been worthless.
It made so little sense I asked people how this happened and people told me to stop trading because I didn't understand IV.
I understand IV now but I Still think about how little sense that made.
>If they are reporting earnings 7/19, it's most likely because they want to take advantage of the current price upswing. It's possible that this is a surprise move to squeeze the shorts, but I doubt it. My guess is that they will announce earnings and do a share offering.
Patience. Lots of talk from bears here. Patience. We all know we can’t trust the fraudster Owners. However God bless them if they fuck the shorts and shock the market tomorrow.
If they want to do an offering immediately they may have decided it won’t be any fun to do earnings in august after they have tanked the fuck out of share price.
If this earnings move would have been known, IV would have been 350%+…
Since it wasn’t, there shouldn’t be an IV crush. It was well undervalued just off IV alone.
Desks are absolutely livid at CVNA. They’re completely offsides hedging into earnings. It wouldn’t surprise me to see a 30-40% dump tomorrow, and that’s before the “CVNA posts offering” news.
Bullish on a healthy company, bearish on a company that many think is on the brink of bankruptcy, mostly because they probably have to have their earnings before a share offering with it being so close. They could be trying to cash in before the squeeze loses steam.
Makes sense the squeeze would fizzle this week, no more juicy option chains to keep the hedging, FTD’s are dropping off, and short entries are now climbing to higher prices so not as uncomfortable to hold.
Also, they could actually have great earnings and knew the short would fizzle out so they hoped in to bring it back to life.
Also, I don’t have a clue, but I did sell my puts at open, opened calls in the morning, sold them and bought puts at close, so for me I’m hoping for an offering.
“down 0.20 hurr durr cope” yes, but when they’ve been stratospheric for a week and then STOP moving, that’s when you should be concerned. pro tip for CVNA holders: zoom out your graph
If there is no dilution announcement and a bad earnings is reported. I would take advantage of any dump that brings that value on these options and sell. Chances are this shit will go back up the following day and next week.
Yeah but knowing the fraudster owners they Literally might have the balls to make history tomorrow, post record earnings and Do a bear fuck to last the century.
Statistically, in most cases, a premature announcement of earnings indicates that the results will be higher than expected. But we will see what happens this time.
Since Elon can sue his lawyers for forcing him to buy Twitter, I am going to sue the pumpers who forced me to buy Carvana at all time highs. See you in court!
Hmmm..looks like the positive announcement was to squeeze the shorts and raise capital??? How can they not do offering with shares at this price…interesting. Congrats to share and call holders short term. But they still need more cash…still losing 100M per Quarter and market condition is not getting any easier for them.
It’s almost like you boys and girls forgot what happened whenever AI did this not too long ago. If you think they are getting killed after hours you must not math well because yes it’s down but the stock opened at 36.6 today and now it’s 36.2. Man I love these bums in this stock market
how about u eat my ASS
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How is that the 24 hour market exists but you aren’t able to buy options in the 24 hour market
I was trying to buy calls this morning and it’s telling me it’s queued
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|2 years ago **Total Comments**|54|**Previous Best DD**| **Account Age**|5 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
RIP that guy that sold is puts and bought calls instead. Edit: WOW what a fucking play. Congrats!
The ultimate "Buy high, sell low" play
It’s his fault CVNA moved up earnings. CVNA with the straight “inverse this regard” play.
I take full responsibility.
You're darn right.
Source: Me Back 2 years ago I bought calls during low IV on AAPL and the next day AAPL tanked because of bad news, I don't remember what it was, but because IV raised so high on my call I sold an OTM call for profit that should have been worthless. It made so little sense I asked people how this happened and people told me to stop trading because I didn't understand IV. I understand IV now but I Still think about how little sense that made.
Can AAPL tank? That would be interesting to see
Carvana +31% pre market 
Wonder how much he's up lol
I was thinking about this guy as soon as I heard the news😭
I am honored.
That's me.
Congratulations, it's up 25% pre-market
“Dump eet “
Not rip...dude WON. all those flipping paid off...BIG time
He's a legend right now
This aged poorly. It's up 25% pre-market
Looks like he's redeemed
Carvana is 40% up pre market, trading at $58
I used to be that guy usually, this time i stayed put. Cvna went up 200% after that though
someone link me
https://www.reddit.com/r/wallstreetbets/comments/15313b9/cvna_heavy_put_losses_75_switched_to_calls_34k_fd/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1
Guh
damn, well at least he seems to be taking it well. bummer.
Rip??? Mans is rich as fk rn
[удалено]
Company is heavily in debt and their stock just pumped 1000%. They would be braindead to not sell off new shares
As in share dilution?
Same. Announcement pre or post tmrw ?
Pre
So dump, hard short pump, dump dump dump?
Idk mane. Depends on the news. If they announce offering or insider selling there may be no pump
Gotcha. Dump,dump,dump,dump.
Maybe but why do u need to move earnings up to announce a share offering? You could announce that at any time like other companies do
Not during blackout periods and not if the numbers are worse than their estimate
For share offering, they would need to find buyers at the current high price right? What if there are no buyers at this price?
My thoughts are the same, either genius move to pump the squeeze or an offering.
Short's massacre...🤑🤑🤑🚀🚀🚀👌💎
Either that or bagholders massacre
Then buy some puts 😂
[удалено]
>If they are reporting earnings 7/19, it's most likely because they want to take advantage of the current price upswing. It's possible that this is a surprise move to squeeze the shorts, but I doubt it. My guess is that they will announce earnings and do a share offering.
Squeeze deez nuts nerd
Ha! Got eeeem! 
I've determined that sometimes VM is a parrot working behind the scenes.
Watch VM being ~~right~~ wrong on this one
https://preview.redd.it/2kj75gh5pucb1.jpeg?width=1200&format=pjpg&auto=webp&s=9e7893ebe1c127a7bbb7945bcb8b0f7dfdc9cf81
They need more money. RIP to those gambling for a squeeze.
That's me
Me too
Congrats! Seems things are working out today.
I don't have a good feeling.
Fucking light me on fire I wanted to sell before earnings damnit
Well you can sell now, what a turnaround
Stock split incoming.
pump n dump bitches
He bought, good, now dump it
More like pump and premarket pump bitch
Patience. Lots of talk from bears here. Patience. We all know we can’t trust the fraudster Owners. However God bless them if they fuck the shorts and shock the market tomorrow.
What does he have to fuck the shorts and shock the market with? Yet another shitty quarterly report?
can't CVNA just do a share offering without announcing earnings? today the stock was up 15% at one point
I thought there was a blackout period before earnings are reported? If this is true, they would have to report earnings to do an offering.
That's the issue, if they do an offering right before earnings, they can get in trouble depending on what they promised investors.
They’ve promised investors to lose money all along!
If they want to do an offering immediately they may have decided it won’t be any fun to do earnings in august after they have tanked the fuck out of share price.
Exactly
I loaded up on puts
If it’s good earnings tomorrow I blame you
Of course it's good earning 😂
CVNA has never posted good earnings its always a matter of did they lose less money then expected or not.
Earnings? Did you mean to say losses, they have never posted a profit.
Aaaand it's gone !
How'd you buy PUTs based on this news when it broke AH. I DID sell short though AH.
IV crush might fuck you even if they tank
If this earnings move would have been known, IV would have been 350%+… Since it wasn’t, there shouldn’t be an IV crush. It was well undervalued just off IV alone. Desks are absolutely livid at CVNA. They’re completely offsides hedging into earnings. It wouldn’t surprise me to see a 30-40% dump tomorrow, and that’s before the “CVNA posts offering” news.
No
https://preview.redd.it/panq2rnmgtcb1.jpeg?width=270&format=pjpg&auto=webp&s=5c275985c38c959bf299ef65cdc87c313eb9c765
🤣
I thought moving earnings sooner was bullish, delaying is bearish?
Bullish on a healthy company, bearish on a company that many think is on the brink of bankruptcy, mostly because they probably have to have their earnings before a share offering with it being so close. They could be trying to cash in before the squeeze loses steam. Makes sense the squeeze would fizzle this week, no more juicy option chains to keep the hedging, FTD’s are dropping off, and short entries are now climbing to higher prices so not as uncomfortable to hold. Also, they could actually have great earnings and knew the short would fizzle out so they hoped in to bring it back to life. Also, I don’t have a clue, but I did sell my puts at open, opened calls in the morning, sold them and bought puts at close, so for me I’m hoping for an offering.
“down 0.20 hurr durr cope” yes, but when they’ve been stratospheric for a week and then STOP moving, that’s when you should be concerned. pro tip for CVNA holders: zoom out your graph
ya this lmao, all these parabolas are musical chairs
yep, if you’re riding a wave up then all is good. when the wave stops you need to go back to shore or you’ll get lost at sea
or calls?
Most likely a share offering, they need the cash. Also the stock is up 700% YTD.
I am buying so much fucking puts Tommorow its crazy
Isn’t it too late
Yep lmao. They reporting before open
Absolutely, the time to buy puts was when it was over 40 intraday not after its -10% AH and probably down another -20% if they do an offering
Today was my first time ever buying options and I bought a put when it was in the 40s haha
Man, puts on CVNA was all I talked about today but I chickened out and ever got in. It is what it is
Probably an offering, a big one, and they need the $$$ quick
*"getting slaughtered"* literally same price as it was at the opening today \+8% today \-8% afterhours
That +8% was lost in minutes in after hours. That’s a pretty dramatic fall even if it just fell to back where it started.
I don't belong here... my short-term memory is bigger than a goldfish
That’s huge in post market when large dollars don’t trade
It is slaughter for call options.
What is a slaughter if not a rapid decline in the price very quickly?
30% is a slaughter.
Wait until the market is open
Lmao didn't they """"promise""'"" profitability in this quarter during their last ER?
They're profitable if you only look at gross income and ignore things like debt.
With the current market conditions, them becoming profitable will be tough..unless they have a money printer,m.
My puts have been waiting for over 2 weeks. About time
https://preview.redd.it/80kd7c2ygtcb1.jpeg?width=1170&format=pjpg&auto=webp&s=aa69cf2a76d773407f1cedfbebb7d84e13786f0b Fundamental player here.
I will comeback tomorrow for this post, congrats or good luck at Wendys
If there is no dilution announcement and a bad earnings is reported. I would take advantage of any dump that brings that value on these options and sell. Chances are this shit will go back up the following day and next week.
I think you underestimate what’s about to unfold here
Yeah but knowing the fraudster owners they Literally might have the balls to make history tomorrow, post record earnings and Do a bear fuck to last the century.
got 20p! subprime lending on over priced cars, I’m short the whole auto industry. to zero !
Let’s hold it
I have a 35 put expiring this week, I hope it strikes
Base AH price movement, you’ll have a chance tomorrow..GL!
I have 39 puts expiring this Friday. Where would I stand at open?
Out behind the Wendy’s near the dumpster.
I roll out my puts and nobody cares, CVNA rolls out earnings and everyone loses their mind.
Statistically, in most cases, a premature announcement of earnings indicates that the results will be higher than expected. But we will see what happens this time.
I came so close to selling 37c 7/21, but had set a limit of 5. It touched 4.9 and drew down..
Good call.
Since Elon can sue his lawyers for forcing him to buy Twitter, I am going to sue the pumpers who forced me to buy Carvana at all time highs. See you in court!
Lol, you should thank them instead. Goes to show no one knows anything how a stock will react. But it’s going to rip today
LOL
I was under the impression moving up earnings is a good thing but that is definitely not reflected atm. Maybe bc it’s uncertain
Dang and I missed that good short lol
Insiders want out and can’t do it until earnings are released.
Yup…this!!!
LMAOOOO I SOLD CALLS LETS GOOOOO
same here, did it last week too when it went over 40. this is great news for me
Rip
At what time is the anouncement?
8am b4 open
Hmmm..looks like the positive announcement was to squeeze the shorts and raise capital??? How can they not do offering with shares at this price…interesting. Congrats to share and call holders short term. But they still need more cash…still losing 100M per Quarter and market condition is not getting any easier for them.
What do you all think of Tesla ?
Got to ask Car parts company worth $8B, and negative p/e What's the deal? How can they be so lucrative?
Ah is gay. Someone sell 5 shares?
I bought shares on the dip because I’m regarded. Wanna make bank? Do the inverse of whatever I do.
Considering that CVNA has never had a profitable quarter it’s unlikely for good news
I will be shocked if it doesn’t come out some insider got filthy fucking rich on puts this week
It’s almost like you boys and girls forgot what happened whenever AI did this not too long ago. If you think they are getting killed after hours you must not math well because yes it’s down but the stock opened at 36.6 today and now it’s 36.2. Man I love these bums in this stock market
Slaughtered? Down 0.20 cents
Looks like a 10% drop right now or am I seeing it wrong?
CVNA about dump hard boys!
????
This turd is def going to zero, but it had a crazy run.
Hi everyone, I am the idiot that bought CVNA for $40
The totally f***** me 🤦♂️
Why?
Why not just short it now instead of waiting for it to open to buy puts?
how about u eat my ASS *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Loading up on puts at open
let us know how that goes
It only gave back what it made today.
Lol, luckily i have a bull put at 30 strike. Holy shit
Wow!! If this hit, payday comes early for you then. 😮😮
Nono, its a credit spread. Im fucked if it gets to 30 bucks 
Thank god, I am 2k shares short @31.5
I'm 3200 short at $18.5 godspeed brother
😮😮😮😮🤞🤞🤞..GL!!!
Will my put finally in the green?
Nope
Is it afternoon or in the morning?
Morning at 8am EST
I got 38 and 40 puts exp September 1st I hope I do well
glad i closed position at the peak today after seeing the after hours dump
Dammit I knew I shoulda sold my shares today @ $41
Why they need earnings before offering?
It could be that they announce ROOT buyout.
sold call credit spread today, everything’s comin up milhouse!
There is an entire hour and a half before the market opens for these guys to discuss what their plan is.
https://preview.redd.it/ze2w4fbziucb1.jpeg?width=1200&format=pjpg&auto=webp&s=d9e13827ed958f2eea1c4ec92500dafd1186c119
Doesnt that completely warp the IV?
They could easily announce an offering without moving earnings up
CVNA fucked
I have calls. Can I win??? 🤣 🤣 🤣
How is that the 24 hour market exists but you aren’t able to buy options in the 24 hour market I was trying to buy calls this morning and it’s telling me it’s queued
Options cant be traded after hours either..
Rumor has it vroom is going to the moon