r/wallstreetbets • u/witness_this_ • Feb 10 '25

Gain I don’t even know what Monday.com does.

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13.3k Upvotes

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210

u/Ambitious_Curve_6854 Feb 10 '25

What made you buy into them if you don't know what they do?

600

u/witness_this_ Feb 10 '25

I’m just a degenerate lol

17

u/StonkaTrucks Feb 10 '25

But why buy an option that needs an 8% move to break even?

This wasn't cheap on either an absolute or relative scale.

34

u/RonBourbondi Feb 10 '25

He gambled on an earnings call on a company he knew nothing about. 

What's the confusion? 

2

u/StonkaTrucks Feb 10 '25

Why he gambled on this one in particular. That was a pretty high breakeven for a company that most of us know nothing about. At least if it was cheap it would make some sense.

2

u/RonBourbondi Feb 10 '25

Maybe he just liked the stock bro.

I've bet on companies earnings call I knew little to nothing about. 

6

u/StonkaTrucks Feb 10 '25

So he didn't know the stock, but he liked it. 10-4.