Waikobloa

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Waikobloa

Waikobloa

@snorchy1

Retired. Beach bum. Golf bum. Love to travel. Lover of the Blues. Member BJ Penn's UFC world class gym in Hilo. Eat healthy.

Waikoloa 96738 Katılım Şubat 2020
235 Takip Edilen391 Takipçiler
Waikobloa
Waikobloa@snorchy1·
The risk is exactly the same. You are not holding closer than 7 days to expiry. But speaking of risk/reward as the extrinsic value approaches zero you are then risking a lot to make a little. Not worth it. I almost never let them expire worthless. Its clear on a one month graph which I dont have to show.
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Investing With Brandon
Investing With Brandon@Invest_Brandon·
Most retail investors sellingmonthly puts think they are going to win... Here is the math that ends that argument. Market gets cheap. I sell one 2 year put. Collect $20,000 ish. You sell monthly puts on the same company. $1,000 per month average. You make money in the up months. You lose in the volatile months. You have to sell at the top when it is not compelling. After 8 months you made $8,000. I made $20,000 in one trade when the market was cheap. Took the premium. Bought shares. Bought calls. Sat back. 4 months later the market rebounded. I closed the 2 year puts at 75% profit. I held them for 4 out of 24 months. You hit 8 trades. I hit 1. You made $8,000. I made $20,000+. Less trades. More conviction. Portfolio secured put wins again.
Investing With Brandon tweet media
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Waikobloa
Waikobloa@snorchy1·
I learned that the most decay, say for a monthly, is day 14 days to expiry to 7 days to expiry. So to max out premium decay I will sell an option with 14 days left to expiration and then roll it with 7 days left and go back to 14 days out. Check it out. You can easily spot that 14 days out is typical more than double the premium of 7 days left. A lot of times I collect more than the total amount of premium of the 7 day out option.
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Greg Proctor
Greg Proctor@GregProctor·
@Invest_Brandon You don't get the theta decay at 2 years out though, so I'd assume your profit as a percentage of net liq is lower than someone selling 45 DTE, all else equal.
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Jo Bhakdi
Jo Bhakdi@JOBhakdi·
Hard to see how Tesla shareholders would get advantaged - I have no idea how that would work , other than through a merger that pays a premium
BP1T@BP1TAZ

@JOBhakdi Jo, you said that SpaceX IPO will not be a good buy due to it rocketing up and then likely falling back until it gains real traction. Do you also think that is true if there is any preference for TSLA shareholders as Elon alluded last December?

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Waikobloa
Waikobloa@snorchy1·
@GregProctor Good stuff. How to use time as your ally. Wish I was at the dinner.
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Greg Proctor
Greg Proctor@GregProctor·
Tonight at the Options Sellers Dinner Club we talked about lot about the advantages and disadvantages of selling covered calls. We used my 28 CCs on $TSLA that I’ve now rolled up and out twice, then down and up once as an example of rolling. Great stuff!
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Jimmy
Jimmy@M44_1RJ·
Elon Musk is seen cheering SpaceX's 20x valuation and now IPO over $2T as he continues devaluing $TSLA, with the stock that hasn’t moved for the past 5 years to get it folded in at a cheap merger price. If that doesn’t alarm you as a TSLA long shareholder, I don’t know what else does!
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Waikobloa
Waikobloa@snorchy1·
@M44_1RJ Thats the reason Elon is slow rolling the taxicab rollout. This guy TeslaLarry says TSLA owners are going to have to accept whatever Wall Street says. 2 shares of TSLA will get you 1 share of SpaceX.
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Jimmy
Jimmy@M44_1RJ·
Just so y’all know, this steady sell-off in $TSLA is institutional, with HFs and bankers front-running it—the same ones assisting Elon’s SpaceX IPO on 6/12. Call it a conflict of interest or whatever; it’s a win-win for them and for Elon! Why? 🎯 For them: buying cheap SpaceX shares up to $10B before the IPO while shorting Tesla as retail sells to buy into the IPO. 🎯 For Elon: an easier merger when Tesla drops below $1T, making SpaceX twice as big (or more) and likely acquiring Tesla at his dream price of $420.69—a scam for all you dipshits who stayed quiet! @elonmusk
Jimmy tweet media
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Waikobloa
Waikobloa@snorchy1·
@CernBasher @elonmusk Elon needs to get one of those purple people eaters up to the moon and start tunneling for $$$.
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Cern Basher
Cern Basher@CernBasher·
@elonmusk At $300/kg that's $300 billion in revenue. $100 billion at $100/kg. Of course, the real upside is in the Starlink constellation, orbital data centers and space-based solar power.
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Waikobloa
Waikobloa@snorchy1·
@WR4NYGov It’s worth what somebody is willing to pay for it.
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Amy
Amy@Amy787·
I agree with that - I am keeping TSLA, but there is always risk of the grifters that try to tank a deal the company needs. I will be DCA into SpaceX going forward. Likely still buying TSLA too , and haven’t determined what ratio I will use to allocate cash between the two. I need to see the prospectus. And start tracking both companies and their execution. I also have saved some cash for the SpaceX IPO too (and amount dwarfed by my large Tesla position, but 10x what I invested in the days following Tesla’s IPO). People should do what works for them. This is what I have chosen. Originally I was going to invest half/half. That changed because I see the synergies between Tesla and SpaceX and a strong argument for a merger. Selling a large chunk of Tesla to chase SpaceX after the IPO could result in significantly less shares in the merged company - if a merger happens. But, I can’t imagine not owning SpaceX, and I won’t leave that up to a vote - or out of my complete control. I will buy shares continuously until such date there may be a merger vote announced . My strong conviction is that a merger is absolutely required. For Tesla to realize ambitions like replacing 1.6 Billion cars on the road, and 100 Million Optimus: Tesla needs chips and capital. SpaceX is solving for both, and SpaceX needs Tesla’s chip design. Should be a win/win. But then the grifters pile on, trying to sell Tesla investors on their financial advisory services and create false narratives and fear. They clearly don’t care about investors and lack the ability to do clear fact-based analysis: An hour of Elon Musk’s time can be worth 100 Billion - it shouldn’t be spent on useless bureaucracy and red tape like board approvals and conflict committees. It “may work” to continue as a JV isn’t really a thing. A JV MUST WORK for Tesla to scale.
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Waikobloa
Waikobloa@snorchy1·
@bradsferguson Not near full control, full control. Thats what the slow rollout is all about.
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Waikobloa
Waikobloa@snorchy1·
I met a big rancher in Wyoming. He sells Davinci bulls for $10,000 at auction, used for breeding. They are low methane. I asked him what's the deal on that. He said it doesn't make any difference because if the methane does not come out of the cow it comes out of the grass not eaten by the cow. He could care less either way. He just gets 10K for the bull.
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Waikobloa
Waikobloa@snorchy1·
@GuyAdami Watched him play at dodger Stadium. He could throw a guy out from the warning track. never seen nothing like it since.
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Waikobloa
Waikobloa@snorchy1·
@Milajoy They are. They are perfectly content to be the minority and hide behind dems when they pillage the country and then blame it on the dems.
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Mila Joy
Mila Joy@Milajoy·
If tomorrow morning there aren't FIVE SENATORS that have STEPPED UP to remove John Thune from leadership, then they will NEVER convince me they aren't ALL in on it together.
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Cole Grinde
Cole Grinde@GrindeOptions·
Can someone explain to me like I’m in elementary school as to why $MU and $AMD are falling off a cliff in the overnight market? 🤔
Cole Grinde tweet mediaCole Grinde tweet media
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Jo Bhakdi
Jo Bhakdi@JOBhakdi·
I always said: Iran was a terrible dead end - who knows why Trump did it . But besides Iran, the admin is winning bigly in all fronts: immigration, AI, stock market. At the same time, the populous is still deeply traumatized from the woke nightmares the Dems have inflicted upon the good people of America. With Iran winding down in time - following the oil and geostrategic forcing functions as predicted - the GOP is in a much better position for a strong midterm performance than most think. The mayoral race in LA is another sign that finally, the chicken keep coming home to roost (no pun intended, Angelinos) for unhinged Dems.
Polymarket@Polymarket

JUST IN: Republicans surge past Democrats in Senate midterm odds, projected to remain in power.

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