Daily Alpha · Reddit
· Post-Market Alpha · by Buzzberg Research
Reddit debated Micron and placed bank-earnings calls; standout posts included a roughly $6M RDDT long and DJT puts on a Nov 30 note repurchase.
Themes on this desk
Micron debate
Some users plan to buy Micron heavily on a 200-day retest or expect a rebound above $1,100, while others call it dead money or a memory trap on Chinese supply.
Bank earnings bets
Users disclosed Goldman Sachs calls and planned Citi calls into earnings, with BKX calls also floated.
AMD buyers
AMD holders disclosed fresh buys, including 844 shares, $30k more of stock and a January 2029 call.
Highest engagement
by score · day changeA backtest finds SPY dip-buying had far smaller drawdowns than buy-and-hold but lower returns
The dip-buy strategy returned 6.1-8.0% annualized with a 0.74-0.94 Sharpe and -14.4% max drawdown, versus 10.8%, 0.65 and -55.4% for SPY buy-and-hold.
sure, ran it on the SPY trades (804 trades, nov 1993 to sep 2026, 1bp per side):
The author frames it as a complement to holding the index rather than a replacement.
Source →A r/wallstreetbets user discloses a roughly $6M net long position in Reddit
The position combines 32,000 shares with Nov $130 and Mar 2027 $100 calls, partly financed by sold Jan 2028 $135 puts.
$6M+ RDDT YOLO. 32,000 shares, 400 ITM calls, and a shitload of conviction!
The author argues RDDT is mispriced relative to its growth, margins and untapped international monetization.
Source →A put buyer bets DJT's Nov 30 convertible-note repurchase leads to dilution
The author bets the Nov 30, 2026 convertible-note repurchase leads to dilution and holds Jan 2027 $8 puts.
DJT is a Bitcoin wallet with a $1B debt problem due Nov 30 **TL;DR**:
The bet is on dilution around the note repurchase.
Watch The Nov 30, 2026 convertible-note repurchase.
Source →FICO's 70% drawdown leaves it at about 18x earnings, argues a value investor
The author cites roughly 18x PE with 20% revenue growth and 50% operating margins after a 70% drawdown.
When do we start to consider FICO a buy? FICO is down more than 70% from its ATH.
The author sees attractive risk/reward despite VantageScore competition.
Source →A r/investing post argues Anthropic will not be profitable and its IPO should be avoided
The author cites huge losses, no ad revenue, rising competition and alleged accounting tricks.
Anthropic is not going to be profitable In 2025, Anthropic made $4b rev, -$46b costs for a net loss of
It is a retail bear case on the eventual Anthropic IPO.
Source →Most argued
by comments per upvoteA r/PLTR user lays out a bearish fundamental case on Palantir
The author cites unsustainable growth, flawed margins, stock comp, receivables growth and contracts that are not guaranteed.
I like the PLTR community, don’t get me wrong. And I really think the gains largely went to good people.
The author questions how much of Palantir's contract value is guaranteed.
Source →A TSM earnings buyer adds shares and October $460 calls after two losing prints
The author is buying TSM shares and October 460 calls, betting low expectations and strong demand finally produce an upward move.
TSM Earnings: 0-2 So Far, Surely I’m Due Played TSM earnings the last two times and got burned both times,
It is a disclosed position into TSM earnings.
Watch TSM earnings.
Source →A five-year test finds no gamma-exposure 'magnet' effect
Testing 5 years of SPY, NVDA and TSLA data, the author found only higher volatility in high-gamma regimes and a slight bullish lean on positive gamma.
Gamma exposure = snake-oil? There are DOZENS of youtube channels promoting a trading strategy based on gamma exposure.
The author concludes the gamma-magnet strategy is snake oil.
Source →