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Rachel Wolitzky
$36.5M
Followers
@drrachelstocks
08/04/2023
Bought 100% more ABNB $125 Puts
BEARISH
8/18/2023 Exp, Opening
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Nathan Worden
@nathanworden
08/04/2023
Ooo! Also bearish Airbnb, I’m also curious on this one— is this a short term earnings play?
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Nathan Worden
@nathanworden
08/04/2023
Looks like Airbnb hasn’t moved much this morning.
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Rachel Wolitzky
@drrachelstocks
08/04/2023
Author
@nathanworden
lol no, individually it would be bearish but I liked the call so this is in conjunction with writing the $135 put
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Nathan Worden
@nathanworden
08/04/2023
@drrachelstocks
oh got it! It’s part of a multi leg option.
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Rachel Wolitzky
@drrachelstocks
08/04/2023
Author
@nathanworden
Yeah. It’s tough on here cause I don’t know if they come through together
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Rachel Wolitzky
@drrachelstocks
08/04/2023
Author
@drrachelstocks
or if I roll something it might be hard to see that too?
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Rachel Wolitzky
@drrachelstocks
08/04/2023
Author
@nathanworden
also have ABNB 135/150 Oct call debit spread, which is bullish
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Nathan Worden
@nathanworden
08/04/2023
@drrachelstocks
so writing a $135 put and buying a $125 put together limits the downside, correct?
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Rachel Wolitzky
@drrachelstocks
08/04/2023
Author
@nathanworden
yes vs selling the $135 naked. probably unnecessary but makes me feel better psychologically. also may close the $135s today depending on price action since already have nice profit
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Rachel Wolitzky
$36.5M
Followers
@drrachelstocks
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