regen

@JMireles7 @Geiger_Capital But if more leave because of this to offset by their lost tax revenue…. Then the law hurt more than it helped??

@Geiger_Capital All the people crying over this in the comments are hilarious. None of you proplr will be effected by s one-time 5% on billionaires. Ya’ll people be simping for the 1% way to freaking much…..🤦🏻‍♂️

The California wealth tax is not on income… It’s 5% of your net worth. It’s state seizure of private assets. This is now on the ballot and likely to pass. Realize where we are.

@pmarca Were they wrong or just early

👀

@HermesLux @son_of_satoshii Sweet then I have time

@1stPrinciples4L @son_of_satoshii not until the intrinsic value is >90% do you need to worry about that.

This is how the MSTR 10-delta strategy would have done during it's OCT-DEC 2024 run. Using the Black-Scholes calculation, and an average IV of 125%, we can provide some very close estimates for how it would have looked. In reality, it would have been even more favorable to this because the IV peaked well over 200% making the 10Δ strikes much higher: → On 10/1/2024, MSTR closed at $162.69 and trading as high as $169.43; The opening 40 DTE 10Δ would have been close to the $303 strike. → On 10/15/2024, MSTR closed at $194.31 and trading as high as $211.16; The 40 DTE 10Δ would have been close to the $361 strike. → On 10/31/2024, MSTR closed at $244.50 and trading as high as $252.88; The 40 DTE 10Δ would have been close to the $455 strike. → On 11/6/2024, MSTR closed at $257.81 and trading as high as $261.20; The 40 DTE 10Δ would have been close to the $480 strike. → On 11/21/2024, MSTR closed at $397.28 and trading as high as $543.00; The 40 DTE 10Δ would have been close to the $740 strike. → On 11/29/2024, MSTR closed at $387.47 and trading as high as $417.62; The 40 DTE 10Δ would have been close to the $720 strike. → On 12/13/2024, MSTR closed at $408.67 and trading as high as $409.71; The 40 DTE 10Δ would have been close to the $760 strike. → On 1/2/2025, MSTR closed at $300.01 and trading as high as $310.80; The 40 DTE 10Δ would have been close to the $558 strike. → On 1/15/2025, MSTR closed at $360.62 and trading as high as $368.42; The 40 DTE 10Δ would have been close to the $671 strike. → On 1/31/2025, MSTR closed at $334.79 and trading as high as $352.71; The 40 DTE 10Δ would have been close to the $623 strike. During the week of 11/5–11/11—after weekly rolling of the short call, you would have been at the $328 strike call. MSTR highs stayed well below $328 until Monday, November 11, 2024, when the stock hit a daily high of $351.73 and closed at $340.00. This was the first time the MSTR price would have exceeded the 10Δ short-call strike. But, according to the strategy, you would have continued rolling out every week, even while rolling the short strike ITM—by continuing the exact same weekly roll strategy (+$5 strike each week to keep ~40 DTE), the price of MSTR first fell back below the short call strike on December 23, 2024. On that date, MSTR's high was $359.74 which was less than the $363 strike you would have eventually rolled to. From that point on, rolling out weekly to a lower delta, even if you chose to keep the same strike, would have been much smoother and everything would have worked out beautifully as you would have realized some massive premiums during that time that would have eventually expired worthless had you held them to expiration—which you wouldn't have because you would have kept rolling until today.

@HermesLux @son_of_satoshii Called away before expiration?

@1stPrinciples4L @son_of_satoshii you have a lot of extrinsic value in those. plenty of time.

@son_of_satoshii @HermesLux Not really… goes up and down. Come in at right time. MSTR very volatile.

@1stPrinciples4L @HermesLux but, you will likely have less shares

@HermesLux @son_of_satoshii I’m already at $180 in July. Rolled out too far.

@son_of_satoshii @1stPrinciples4L not if you do it correctly as I've explained.

@viktoroddy but honestly who even goes to websites anymore?? This is what I mean --> it's just faster stronger mechanisms to deliver things........ ...that nobody needs or wants.

Claude Design is insane. ❤️‍🔥Just recorded a 18-min tutorial on how to build animated, award-winning websites with Claude Design + Opus 4.7!

@brokenincentivz @RHodls Can you roll?

@RHodls My 4/25 155 calls are probably going to get exercised 🥺

Covered Calls on $MSTR is a highly ill-advised strategy for the foreseeable future. Picking up Pennies in front of a steamroller. Be careful out there, folks.

@Cefu_0804 @PeterDiamandis But what are they actually building and what’s the actual value?? Still unclear to me.

The gap between the people that know and those who don’t became even clearer to me since I’m in a AI course with around 20 participants this week. From those 20, at least 8 didn’t even knew you could vibe code a working app in 30 minutes. 3 of those 20 still thought mid journey is the way to go, not knowing you can just simply ask any bigger frontier model these days to create a picture of visual of whatever you need. It’s kind of shocking how much the gap widened

If you're not feeling AGI right now, you're just not paying attention.

@VadimStrizheus @Vugola Ok

@1stPrinciples4L Distribution with @vugola is the key to success

so you're telling me Claude Opus 4.7 can now... - analyze an entire podcast - find viral clips that will get views - crops and centers to the speakers - schedules and posts for you without any human in the loop?!? it's so over.

@Jason The problem is nobody cares about this right now because it doesn’t innovate on anything. It’s just building faster. It’s not building anything new.

Incredible…. The 2% of people using these tools are experiencing AGI, and the other 98% belief AI is a ChatGPT 3.5 result filled with hallucinations One month is seven months of progress right now There is no precedent for what we are experiencing

@MarylandHODL21 1000000% BTC doesn’t move. You can take it to the bank.

If (and it’s a big if) this plays out over the next couple of weeks and BTC’s price doesn’t move… All hell is going to break out.

@yianisz Man just build stuff for no use.

Built a Kraken–Anduril dashboard tracker to understand the forward revenue impact. Here’s what the data suggests for $KRKNF: 1. Kraken tech is embedded across 5 autonomous platforms 2. Estimated 40–50% pipeline exposure tied to Anduril programs 3. Dive-LD alone could generate $400–600M/year at scale 4. Ghost Shark / Dive-XL adds another $64–192M potential At full deployment, the Anduril ecosystem could represent $500M–$1B annual revenue potential for Kraken’s technology stack. This is why I view $KRKNF as a compounding defense platform, not a hype trade.

@HermesLux Don’t get how any of this matters unless BTC decides to go up…. And it doesn’t seem like it.

MSTR bought 23,525 BTC last week (estimated).

@dotkrueger Power law is a joke. Historical slop that doesn’t apply anymore.

@GrindeOptions @SmokeySnipe Dude not even with $5M invested are you work optional.

@SmokeySnipe How would you go about sustaining your life with that amount?

Can you become work optional with $500,000 invested? 👀

@JukescatPeasant @Adriezy1 @i_jushe777 @TFTC21 You thinking too isolated. Too “like today”. Remember, when the middle class is out of work — everything gets squeezed. Competition goes up, prices go down… All labor will suffer hard!

@1stPrinciples4L @Adriezy1 @i_jushe777 @TFTC21 Service work has always been the sect of plumbing that was immune to recessions. People find money when their shit backs up.

Andrej Karpathy just mapped every job in the US economy by AI exposure. 342 occupations scored 0-10. The results are brutal for anyone who works on a screen. Here's what the data shows: 1. 42% of all US jobs score 7 or higher for AI exposure. That's 59.9 million jobs. $3.7 trillion in annual wages sitting in the blast radius. 2. Software developers score 8-9. Financial analysts, accountants, management consultants, bookkeepers, customer service reps. All deep red. If your output is text, code, or spreadsheets, you're competing with something that doesn't sleep. 3. The safest jobs? Roofers. Plumbers. Electricians. Construction laborers. Nurses. Truck drivers. The jobs that require hands, not keyboards. All scored 0-3. 4. The weighted average across ALL 143 million US jobs is 4.9 out of 10. The entire economy is halfway exposed. Not a sector. Not an industry. The whole thing. 5. Education doesn't protect you. Bachelor's and master's degree holders are MORE exposed than trade certificate holders. The more your job is "thinking work" done on a computer, the higher your score. Everyone spent 20 years telling kids to skip the trades and get a desk job. The desk job is what's getting automated first.

@JukescatPeasant @Adriezy1 @i_jushe777 @TFTC21 If middle class goes through massive recession… you think roofers and electricians and plumbers don’t see demand completely collapse?

@1stPrinciples4L @Adriezy1 @i_jushe777 @TFTC21 How will overall demand drop?