The UWMC shorts show the first signs of nervousness

Submitted by Glittering-Cicada574 t3_z93y0f in wallstreetbets

$UWMC stock is going to rally before the end of the year.

https://preview.redd.it/gzdgmjulp53a1.png?width=680&format=png&auto=webp&s=d5c754918f05dff533a828c58db0318f3e391a83

There is no way Silbergliet will let #UWMC bears escape easily from the dire state position they have dug themself into. We are going to keep writing not only monthly PUTs on strike $4 but also LEAPS (Long-Term Equity Anticipation Securities) exp. 17JAN2025 for a premium of 50%.
My current positions:

https://preview.redd.it/pq1r6jvhp53a1.png?width=1200&format=png&auto=webp&s=34f9146991799a3d21c1bf19547d2ec784489168

19

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VisualMod t1_iyeu3iy wrote

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VisualMod t1_iyeu4b6 wrote

>That's a terrible investment strategy. You're going to lose all your money.

7

pelc8614 t1_iyf99a2 wrote

Would love a UWMC spike. My average cost is 3.90

3

Trepidus02 t1_iyfejn1 wrote

2.5m ish shares disappeared from the float today as well.Ex div date next week. My average is 3.62. I’m drooling hoping that it does a major pop but I don’t mind if it slow rolls and keeps doing +30% months

3