How are you gonna play Anthropic IPO? Thought I would load up on long dated puts about a week after IPO. That was about the sweet spot at SPCX IPO when price initially surged and also gamma went down a bit.

Don't know how much of my portfolio I should put into it though and when to get out. Ideally, I would wait way into 2027 for a general AI crash but I think Anthropic will correct way before the whole market tanks. I think I would sell after Anthropic specific correction, wait for gamma/IV to go down and load up on puts again

>>62647957
youll pay out the nose for all that theta & IV

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>>62647940
HAHAHAHAHAHAHA

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>>62647976
>theta
By long dated I meant like 6 months, not LEAPS territory. This guy certainly managed to make profit. AI tells me he bought around 5-6 days after IPO.

https://old.reddit.com/r/wallstreetbets/comments/1ud8h4y/spcx/

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>>62647976
as for IV/gamma, my thesis was wrong, it actually increased over the first week(s)...