Steve
6.3K posts
@steve5187
Just a Micro guy stuck in a Macro world looking for a good conversation
Me when my wife tells me to put my phone away at the dinner table
Karsan making a pitch for ODTEs in this IV environment so options with high Vega (like 30DTE) are more at risk of losing value as IV drops. Zero DTE (ODTE) options are better right now because they have almost no Vega. That means they’re not as affected by changes in implied volatility. So you can trade based more on actual price moves (delta, gamma)—intraday price action. 30-day options have high Vega, so when IV drops (reverts to the mean), those options lose value even if the stock doesn’t move. Vega measures how much an option’s price will change when implied volatility (IV) changes. •If Vega is high, the option’s price is more sensitive to changes in IV. •IV reflects how much the market thinks the stock will move—higher IV = higher option premiums. @jam_croissant latest podcast is a must listen.
$SNAP CEO Spiegel got engaged to supermodel Miranda Kerr in 2016 and married her in 2017, the same year Snap went public. Since the IPO, he’s sold ~$1B in stock and never bought a single share back. Not exactly great capital allocation…
Who is the biggest perpetrator in decreasing affordability for housing? From 2001 to 2023 Developement taxes & fees increased by 1,159% or $278 per square foot according to Altus. For comparison CPI increased by 59.27% Since 2001, this accounts for an increase of $166,400 per unit.
Kevin O’Leary reveals you’ll become a millionaire on $69,000/year by investing 20% of your paycheck each week👀 “Take 20% of your salary of $69,000 and put it into the market each week and don't touch it”
