
Megha Agarwal ✨
2.9K posts

Megha Agarwal ✨
@Megha_FinTech
Senior Developer @Salesforce | OracleCloud | Microsoft | Nvidia | IIITH | Option Seller | Tweets about Finance and tech, Stocks, Investment, Coding



His name was Srinivas Kuchibhotla. Born in Hyderabad. His parents called him Srinu. He came to America in 2006 for his master's. Graduated with a 3.85 GPA. Worked his way up from software engineer to aviation programs manager at Garmin in Kansas. His manager said one thing about him. Top of his class kind of guy. He built a home in Kansas with his wife. Painted the walls himself. Installed the garage door himself. A few weeks before he died, they had a doctor's appointment. They were trying to start a family. He would have turned 33 on March 9. On February 22 2017, he and his friend Alok stopped at a bar after work to watch a basketball game. An ordinary Wednesday evening. A man there had been watching them for weeks. Told others they looked like terrorists. That night, he walked up to their table. Poked Srinivas in the chest. Demanded to know their immigration status. Shouted get out of my country. Other patrons threw him out. He drove home. Got his gun. Changed his shirt so nobody would recognise him. Came back. He fired eight rounds. Srinivas died that night. As the killer fled, he told someone he had just killed two Iranians. Srinivas was Indian. From Hyderabad. Eleven years in America. Not one complaint against him. Not one rule broken. His mother had asked him many times to come back if he ever felt unsafe. He always told her he was safe. His body came home to Hyderabad in a coffin. His mother wailed as it was carried through the streets in a flower laden carriage. She said she would not allow her younger son to go back to America. His father said whatever was destined has happened. The killer got three life sentences. Srinivas got a funeral at 32. He did everything right. Degree. Visa. Job. Taxes. Never raised his voice at anyone. None of it was enough. His name was Srinivas Kuchibhotla. Every Indian in the US deserves to know it.

#WATCH | US-Iran peace talks | Islamabad, Pakistan: US Vice President JD Vance says, "...The bad news is that we have not reached an agreement. I think that is bad news for Iran much more than it's bad news for the USA. So, we go back to the US having not come to an agreement...they have chosen not to accept our terms." "...Whatever shortcomings in the negotiation, it wasn't because of the Pakistanis who did an amazing job and really tried to help us and Iranians bridge the gap and get to a deal. We have been at it now for 21 hours and we have had a number of substantive discussions with the Iranians. That's the good news. The bad news is that we have not reached an agreement. I think that is bad news for Iran much more than it's bad news for the USA. So, we go back to the US having not come to an agreement...they have chosen not to accept our terms." (Video Source: White House)


Sad realty of Option Trading The owner of a five-star hotel in Delhi lost 100 crore in option selling! He used to sell out-of-the-money Nifty calls and puts. He sold truck loads of out of money Nifty call post budget. but after the India-US trade deal, the market opened with a gap-up and everything was wiped out. 😱💸 #OptionTrading #StockMarketLoss #NiftyOptions





I have a 2.5Cr positions on Meta. Now, I will collect 15-16% yearly rent on these stocks. Here is how:- 1) I own 400 stocks of Meta. My acquisition cost on my last 200 stocks was around 600$ 2) I will NOW sell a call option at 695 expiry. This is a 28 day call. For this, I will make 860$ 3) That's roughly: 860$/60,000$ investment= 1.433% yield on 28 day basis. 4) This is 20%+ CAGR just through renting Meta. 5) Now: some of you would say: that covered calls is a risky strategy. What if the price hits 695$. And, you are forced to sell your stocks? 6) Two points:- a. If my stocks get sold then also I am making pretty good profits (15.8% in gains + 1 month rent) b. In case, I don't wish my Meta to get sold off, I can do something called "rolling over" my positions. What this means is that: if I don't want to sell my Meta stocks at 695$, I can cancel my rental contract (and kind of refund the premium with a penalty -- some loss on rent). How much loss would happen in rolling over? It depends on a lot of things. But, in the above example: the loss is likely to be around (30-50% of that month's rent). Now, the magical part is: that I can immediately create a new rental contract: and collect a new premium (let's say another 860$) And, keep taking this bet. Most people make losses on options because they don't make it part of their core portfolio. And, neither understand how to manage risks. If you use it sensibly (especially in good markets like the US), you can make decent cash flows. I teach this and much more on my global community: wisdomhatch.com/courses/global…



















