He and I have traded comparisons, of long dated, out of money put strategies (vs. his "buy and hold forever" ones) for more than five years now, on the SA boards. He claims to have bought at under $3, when the crypto world was falling apart, and the Gulf burned in February 2021. R-i-i-i-i-ght.
I have -- four separate times -- made out like a bandit, by buying long dated but out of money puts, on this intrepid name. In bulk.
I am ready to do so, again.
This was never a $29 stock -- and unless Riot announces a $600 million (or better) all new contract for AI / compute in a few weeks, this is about a $15 stock. It will burn nearly a billion in cash this year, with only one AI partner / client to show for it.
And Bitcoin itself is trading at about half the level it was, in October 2025.
See ya', in the funny papers, old TaTech -- my bet is it hits $15 before it ever sees $50 again.
Hilarious.
नमस्ते
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