Posts  / #POST-001733
REDDIT

I literally have never bought options before, and there's a stock that I'm itching to invest it. BYD.

N
Feb 14, 2025 · 18:37

BYD is expanding in SEA by selling cars to GRAB (which has shot up this month) and have recently announced free FSD. BYD is insanely impressive, my girlfriend was telling me how in a small town in China, most of the cars were electric (most likely BYD) since the government offered incentives.

Right now the stock price hit 90 when it was sitting in the 70s. I have a strong belief that once the folk sit at home during the weekend, crack open a cold one and tune into their fucked Youtube/News algorithms it'll be filled with anti-Tesla, pro-BYD. Then FOMO hits and they'll push to invest come the next week.

I usually shy away from options, I know the basics, but why do I feel like gambling rn? I just deposited my paycheck (that I can afford to lose) into my brokerage and ready to buy.

What would you do in this situation? Any critical thoughts other than the obvious? I saw this happen with Deepseek. News was announced in the weekdays, simmered over the weekend, and then AI stocks plunged come monday.