Opendoor (OPEN) Trade Call: Buy & Hold for Asymmetric Upside

25 days ago

Steve from Unemployed Value DGEN

"I'm buying Open Door stock knowing it could be a zero. But if these guys, led by a seasoned team and a new CEO with rapid iteration, manage to disrupt the $2 trillion housing market even with just a 20% chance of success, then the upside from a $6 billion market cap to potentially a 200-billion or even a trillion-dollar company makes this a flip of the coin worth betting on."

The guest clearly outlines an actionable trade idea for Open Door (OPEN). He explains that despite the inherent risk (a 20% success probability), the potential upside is significant if the company can successfully develop its technology platform to disrupt the housing market. His portfolio allocation has grown from a modest 1% (at a previous cost basis) to 15% of his account, indicating high conviction in his bullish outlook. He emphasizes the asymmetry of risk-reward and advises against shorting the stock despite volatility and meme stock behavior. The trade is time-sensitive with expectations for notable gains by May when catalysts related to product rollouts and macro tailwinds (rate cuts) may materialize.

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