The Opendoor Genie🧞‍♂️

On a mission to tilt the world toward homeowners. 🏠
"It's just math"

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

On July 23 $OPEN fell 11% in a single session, from $4.28 to $3.85.

No filing from the company that day. No news.

In a stock with 18% of it sold short, sessions like that aren't information. They're mechanics.

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

$OPEN's Q2 2026 contribution margin: 5.8%. A year earlier: 4.4%.

Revenue for the quarter: $883M against $1,567M. Down 44%.

It makes more per home and sells far fewer homes. Both are true at once.

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@nejatian @BenLPatton @Aubermark Sería fantástico para nosotros los accionistas! Gracias

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@maelan_sdmr Importa el Dinero generado o ahorrado/dinero invertido por unidad humana o máquina. Tan simple como eso. Mientras ese ratio sea alto, la cantidad de empleados es irrelevante

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@X_supporttop1 Si

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

Dejen trabajar!

[Kaz Nejatian @nejatian]

@wwiiiiwww @rabois We will release employee counts in our annual filing, I am pretty sure. Opendoor’s shape is very very different than it used to be.

[Nexus @GMN_watch]

🚨 CITADEL JUST FLAGGED A VERY INTERESTING $OPEN POSITION

Latest 13F/A shows Citadel Advisors with:

8.26M shares underlying CALLS
6.26M common shares
4.07M shares underlying PUTS

So on a share-equivalent basis, Citadel disclosed roughly 2x more call exposure than put exposure, while also holding a sizeable common position.

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@MrNeverSell Buen trabajo! Ojalá me vaya tan bien como a ti

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

The US 2s10s spread is back to +0.40. Long bonds yield more than short ones again, which is the normal shape of things.

An inverted curve is the famous recession signal. Nobody mentions it when it un-inverts.

Signals get quoted on the way in.

$OPEN

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@maelan_sdmr Es fantástico. No dejan ningún cabo suelto

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

En mi opinión, el mortgage de Opendoor Home Loans es el mejor producto que se puede lanzar al mercado. Nadie va a rechazar pagar menos. Es imposible. La mejor publicidad es un buen producto.

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@YeeTak @Opendoor En mi opinión, es el mejor producto que se puede lanzar al mercado. Nadie va a rechazar pagar menos. Es imposible. La mejor publicidad es un buen producto

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

851 reviews and almost nobody picked a middle number. Five stars or one star.

That's what happens when the product is a price. If the offer works for you it feels like a miracle. If it doesn't, it feels like a robbery.

Same service, two experiences.

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

Opendoor on Trustpilot: 4.0 out of 5 across 851 reviews.

75% are five stars. 18% are one star. Almost nothing in between.

You leave delighted or you leave furious, and what separates the two is usually the final price. The profile is paid, since 2018.

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@pappygist @nejatian Esperemos que vaya bien!

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@Opendoor_God Aún necesita paciencia

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@gulVasikova Muy buen análisis

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

On August 19 Opendoor issued $650M of 0.00% convertible notes due 2030.

With part of the money it bought back $158M of stock: 5% of shares outstanding.

They convert at $4.71. The stock closed August below $3.30.

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

@nejatian Y para Open!!!

[The Opendoor Genie🧞‍♂️ @OpendoorGenie]

Lets go!

[Pulte @pulte]

We have also expanded title insurance pilots to make sure people save on title insurance.