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RDDT Gains so far - Inclusion into SP500

BULLISH by u/EscapeWendys | Aug 14, 2026 | 1↑ 0 comments | 17 views | VIEW ON REDDIT
$RDDT
$RDDT REDDIT, INC. COMMUNICATION SERVICES EQUITY SIMULATION
$157.77
+2.42 (+1.56%)
LAST PRICE · 15 MIN DELAY
DAY CHG +1.56%
5D CHG +1.14%
30D CHG -6.50%
AI SUMMARY — Author sold $4M of cash-secured puts on RDDT at $150 and $140 strikes, betting on Reddit's S&P 500 inclusion and citing personal usage as DD. Key risks include reliance on anecdotal evidence, assignment risk, and market sentiment changes toward the stock.
TICKERRDDT USERu/EscapeWendys
RATING BULLISH ENTRY $175.64
POSITION 224 contracts (22460 sh eq) BOOK VAL $3944971.64
CURRENT $157.77 P&L % -10.17%
CURR VAL $3543601.55 P&L $ -401370.09

Wrote some $4M of Cash Secured RDDT Puts to collect some premiums. I don't mind being assigned if it comes to that. My DD is I use Reddit, and if you're reading this, you do too.

Also - some Harvard Big Brain alum Sarah Farrell bought earlier this year, so if they think if it's a good idea, I do too. Maybe she is even reading this exact post! If it doesn't work out, at least we'll both be highly regarded.

https://www.secform4.com/filings/1713445/0001713445-26-000026.htm

$150s Expiring 1-15-27

$140s Expiring 9-18-26

Dumped my earlier Berkshire faster than an overpriced See's candy.