Opendoor Technologies Inc (OPEN) comments on Wallstreetbets, Twitch and 4chan

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OPEN

Opendoor Technologies Inc

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About Opendoor Technologies Inc

Opendoor’s mission is to empower everyone with the freedom to move. Since 2014, Opendoor has provided people across the U.S. with a radically simple way to buy, sell or trade-in a home. Opendoor operates in a growing number of markets across the U.S.

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i think itll open flat or down on monday

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Dint the news happened yesterday during market open? Nothing happened

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Is it possible to lose more than you used to open the position?

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They will open offices offshore

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Finding out there is no market open will be a harsh come down U have my sympathies

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For bers, we pumping at open then dump and more pump then thetha then in bound pump

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I think what he means is if the stock tanks you are still holding the bag on a stock that tanked. Sure you made some premium, the price can still drop to zero. What he is recommending (I think) is collars. Example: Own 100 shares of Open with a cost basis of $9. Sell a covered call at maybe $11 for whatever premium. Buy a put for $9 strike. If open moons your upside is capped by your covered call, but if it tanks you are protected by your put. If it trades sideways, your put expires worthless but hopefully it was paid for by your CC

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