$CAR's got $8 spread on the calls and is still been paying every day!!
u/Fit_Equal6932 ·
Reddit — r/options
· April 20, 2026 at 20:08
· ⬆ 39 pts
· 💬 120 comments
| View on Reddit ↗
AI Summary
Summary
Main themes revolve around extremely high option premiums and wide bid-ask spreads for $CAR.
Dominant sentiment is caution due to the cited risks, but with one explicit high-premium trade proposal.
No specific earnings dates or implied moves are discussed in the provided comments.
Notable disagreement exists between viewing the wide spreads as a prohibitive risk versus seeing the high premium as an opportunity for sellers.
Score39
Comments120
▶ Full Post Text
[+25] u/crazybitcoinlunatic: Crazy high premium and spreads are wide. I don’t know how you can trade this.
[+6] u/CommissarHark: Thinking of selling a $600 put on this tomorrow. Premium for Friday is **$6500** which is insane.
[+5] u/master_perturbator: I wish you would have called this out like 3 weeks ago.
Have fun over there.
The premium for a short-term, deep out-of-the-money put (e.g., $600 strike) is described as "insane" at $6500. Selling this put allows the trader to collect an exceptionally high premium, likely due to high implied volatility and perceived risk, which may be overstated. The potential reward from the premium justifies the risk of being obligated to buy shares at a strike price far below the current market price, assuming the stock does not collapse. Other community members highlight "crazy high premium and spreads are wide," indicating significant liquidity risk and potential difficulty entering/exiting the trade at fair prices.
This Reddit post, published April 20, 2026,
features r/options community
discussing CAR.
1 trade idea extracted by AI with direction and confidence scoring.