Good afternoon r/options,
I was felling very bullish on UBER ever since Bill Ackman announced his position in the company. I have been buying the dip on these calls as I think the uptrend on UBER has been rudely interrupted just due to general market FUD. Anyways I came here to show y’all may position and would like feed back I’m debating if I should close at a lost. I do see Uber being $87-$90 any day now.
I didn’t see this market getting interrupted as I was heavily invested on BABA and making BABA calls with great returns. That I let my ego shun me away from how bad things have been getting for US stocks. Regardless is a very international company and should be unaffected by this correction and keep goin up and pushing for a new ATH.
Thanks,
-Niko