WTRH is interesting as they are well-backed but have a far, far lower valuation than DASH or GRUB:
And they have options so a fun play for our Future Is Now Portfolio:
- Buy 50 WTRH 2023 $2 calls for $1.50 ($7,500)
- Sell 50 WTRH 2023 $4 calls for $1 ($5,000)
- Sell 20 WTRH 2023 $3.50 puts for $2 ($4,000)
That's a net $1,500 credit on the $10,000 spread so $11,500 (766%) upside potential at $4 and worst case is we own 2,000 shares of the stock at $2.75 ($5,500) so great potential reward vs risk.
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