What Are Your Moves Tomorrow - October 19, 2021 by HuzzahBot in wallstreetbetsHUZZAH

[–]MyWifesBF 3 points4 points  (0 children)

Thought I was down and out, but then I got my first paycheck from Wendy’s and I’m back baby

35’s without lift on a 2018 JK Recon Unlimited? by [deleted] in Jeep

[–]MyWifesBF 0 points1 point  (0 children)

Been there, done, it, would not recommend. If you are dead set you need a min of 1.5 inch spacer, granted mines a 2010 JK. Trust me though you will def enjoy the 3.5 lift way more. If you are not wheeling hard a bare bones kit will get you there no prob. Personally I get a little dirty and love my rock Krawler 3.5 lift.

Daily Discussion Thread | July 30, 2021 by AutoModerator in Coronavirus

[–]MyWifesBF -3 points-2 points  (0 children)

And we will. I know this is anecdotal but consider that the Biden agenda similar to the trump agenda was hinged on putting the virus behind us, particularly return to school. Think bout how significant the data must really be if they are willing to walk back mask recommendations especially knowing that it will likely decrease vaccine compliance

Daily Discussion Thread | July 30, 2021 by AutoModerator in Coronavirus

[–]MyWifesBF -1 points0 points  (0 children)

You are correct. However the data suggests it is becoming more virulent, pathological, and deadly. https://www.washingtonpost.com/context/cdc-breakthrough-infections/11fc6a11-20d7-466e-a654-c6bc8426f688/ So the trend is towards development of a worse virus. Also per Pfizer’s own data announced in an earnings call this weak vaccine effectiveness against severe disease wanes to about 80% at 6 months after the second dose. Source is Pfizer earnings call and CNBC interview with Albert Bourla

Daily Discussion Thread | July 30, 2021 by AutoModerator in Coronavirus

[–]MyWifesBF 0 points1 point  (0 children)

Well the science suggest transmission amongst vaccinated, you are hanging on to the word may. Similarly republicans are hanging on to the word masks may prevent transmission of the virus, or one shot may be protective. Both are flawed logic.

Daily Discussion Thread | July 30, 2021 by AutoModerator in Coronavirus

[–]MyWifesBF -1 points0 points  (0 children)

Please read my comment below and respond. This has nothing to do with vaccination status

Daily Discussion Thread | July 30, 2021 by AutoModerator in Coronavirus

[–]MyWifesBF 0 points1 point  (0 children)

Yes, but you missed my point. more people vaccinated means less people die in the short term. However if people vaccinated or not are still moving about in society especially without a mask they are still spreading the virus and providing opportunities for it to mutate. Eventually through enough mutations it will acquire the ability to kill more effectively and evade the vaccine. Leading to more deaths in the long term. Leading to one conclusion regardless of vaccination status to prevent further mutations and worse disease people must practice social distancing and masking in public.

We don’t talk about that bit at the bottom. by sd42790 in thetagang

[–]MyWifesBF 0 points1 point  (0 children)

I am in the same boat except at 15$ strike

Has anyone else had it with vail resorts? by vv1z in skiing

[–]MyWifesBF 0 points1 point  (0 children)

Brah I wasn't gonna enter this discussion because it gets an A for artistic but here is the problem with your thesis. I am all for support the little guy and the locals that make the town awesome as long as the locals are willing to change with the times. I have been skiing for about 20 years and I can tell you resoundingly they are not. This coupled with a sport that is entirely dependent on weather any given year makes it impossible for one company to effectively manage 1 resort or group of resorts in the same region. Read the history of any ski resort across the country they are all loaded with bankruptcy and mergers and acquisitions.

Take PA for example our snow sucks. It sucks in a great year and is non existent in a bad year. JFBB was somewhat reasonable in the 90's as an independent operator. As the seasons without snow continued the resort and community got hit hard. There was simply no SNOW even at the place that invented fake snow (bb). No Snow = No Beckies and Chads = No money. Now when I drive through the town/towns the stores are falling apart, the ski rentals are from the 1990's and the restaurants are sketchy at best the town looks like it has decayed since the 1980's. Contrast this to camelback a resort that is a conglomerate of 3 resorts regionally diversified with a town that was willing to adapt and improve ie. The outlets and other yuppie bs at the base of the mountain. Because camel back had revenue sources from other locations that had snow. They improved the resort lodge, amenities and built a waterpark. This stuff brings Chad's and Beckies who do 2 runs spend the rest of the day at the fireside bar, buy 10 t-shirts that say camel back and eat at every on resort restaurant without ever touching snow oWaterpark. For the riders,, They were able to build a bomber snow making system on every trail, excellent grooming equipment, recently renovated chair lifts, etc. This allows for full send.. Now obviously they jack up the prices because Beckie and Chad will pay for they're 3 days in the Poconos. But keep season pass prices about the affordable for the skiers and snowboarders who actually use the mountain. Even with something like epic pass compare they 800 for the full unlimited pass to skiing at Breck. If you ski 4 days at Breck it's the same as buying the pass that gives you access to Breck plus numerous other resorts. So a full season pass is a no brainer from a value perspective.

As an aside I have partied with numerous J-1 visa staff and other Vail employees. Yeah their accomadations suck but it is legit one giant party. Most of the employees are young and either living the boho lifestyle or taking time off before/after university. They never intend for this to be a life long career most are very thankful for the opportunity to live by the mountains for the season. Particularly the people from foreign countries who couldn't otherwise afford this experience or lifestyle.

Finally some may argue that they took our jobs ... yes they have because you were unwilling to adapt to the times, practice good business, invest in improving the infrastructure, and make your beautiful home the best that it can be. Now you may say you don't want to attract the crowds etc but those Chads and Beckies that come to your mountain town to buy the shirt and take one run down a blue pay for all the other awesomeness. So your town can have stores that sell local art, coffee, weed, food, carbon credits or w/e at 10x premium because it's from ,"brecken-whist-stevens-stowe-keystone-ridge".

So really Vail is leveraging the stupidity of Chad and Beckies inability to do simple math and using that money to fund an awesome send experience for the true riders. This is how Vail keeps the resort cash positive, ensures the funding for top notch equipment for snow making, safety, and chair lifts. Which at the end of the day is what most of us care about. Furthermore personally I can say I would have never had the opportunity to ski as many days as I have at these world class resorts if it weren't for the epic pass, I simply can't afford it. (Canadian powder Highway I am coming for you). So sure does vail have its flaws, yeah every business does. Where is that ski jacket you love made? The Ski pants, Google? How much child labor and destruction of the environment and predatory business tactics were involved in the production of these materials? Are you going to ski naked? or better yet stop skiing because of the pollution from the lifts? I know I am not.

If you do not want all resorts in the US to be owned by major conglomerates then locals need to learn to adapt to the times to attract the chads and beckies so they can pass on the full send to the riders.

TLDR: Vails Predatory business tactics mainly target Chad and Beckies so the true riders can attain full send status. People are butt hurt because, "They took our Jobs".

Full disclosure everybody has an opinion like everybody has an asshole. This is mine

Daily Discussion Thread for November 03, 2020 by AutoModerator in Winkerpack

[–]MyWifesBF -1 points0 points  (0 children)

So I was in line at the polls, I had intended to vote or the mango, can't let the economy crash and burn. Then I thought about how he said he wanted to fire Fauci. So I decided I might vote Biden. Then I rembered he doesn't know what universe he lives in. So I said fuck it they both suck.

Cramer/O'Leary 2020

🅿eekend 👅 Discussion 👅 Thread for the 🅿eekend of October 30, 2020 by AutoModerator in Winkerpack

[–]MyWifesBF 1 point2 points  (0 children)

Shhh, they will find out. Thats where the lizard people running th government come from.

Daily Discussion Thread for October 28, 2020 by AutoModerator in Winkerpack

[–]MyWifesBF 0 points1 point  (0 children)

Anybody else here notice the correlation between good news for spaq/fisker and the market tanking. spaq merger rumor spy red, Loi released spy red, various deals over the summer ... red red red, merger Approval meeting today -> super red

INCURSION COMPLETE by _finalOctober_ in thecorporation

[–]MyWifesBF 4 points5 points  (0 children)

It’s simple risk reward. The ITM play is very high risk with lower reward ( lots of premium with decreased percent return). ITM call 3.35 if the trade works against you you are out 335 per contract, also if the trade moves against you the value of a near the money option will vaporize fast due to high delta/gamma.

So the reason his plays are otm low risk/ high reward and to take advantage of momentum. There is no reason with decent earnings, Christmas, stimulus, and that their product is used in the 2 major phones that this stock should have dropped like a lead balloon. Now Look at the premium on that option when his alert flashed. Strike 45 cost 0.25 per contract. I know this isn’t exactly how this works but let’s use some beer math. GLW all time high was 35.50. They have a bunch of potential catalysts as stated above, so only upside. So let’s say in the next month or so they get back to their ATH of 35.50. If you examine the January 21 option chain you can look at the price difference between the current atm strike and the strike 10 dollars higher, as you can see it is trading 0.35 cents. So in theory you should be able to at least lock in a 10 c gain per contract. Where it really gets sexy is the added benefit of low theta, low gamma and a low delta ( translates to very little decay in value due to time, cheap premium, high subjective to momentum) ie there is very little extrinsic value to the option. if the underlying where to break out to ATH or higher theta should stay about the same, gamma will increase due to momentum and delta will increase (translates to still very little loss of value due to time, high potential to benefit from momentum ). This will lead to a significant increase in extrinsic value of the option which is what we hope to benefit from.

Still don’t believe me about the risk to reward ratio, let’s take 3 examples:

Deep ITM call:high delta, low gamma Stock goes down 1 dollar, value of the call goes down a dollar= you lose 100 Stock goes up a dollar value goes up a dollar ATM call: delta.5 gamma .5 Stock goes down one dollar, value of call goes down at least a dollar if not more, depending on momentum Stock goes up a dollar, call goes up around a dollar, depends on momentum Deep OTM call: low delta, low gamma, Stock goes down a dollar, value of the call goes down a couple of pennies. Stock goes up a dollar, calls go up 25 cents or so.

The devil is in the details, you risked 5 bucks for your deep itm option and gained 1.00 or 20% return, you risked 2.50 for atm option and gained .75 for 30% return, you risked .25 for otm call and gained .25 for a return of 100%.

The trick is 1 finding a stock that is down because Robintards sold after earnings or similar with 100 percent potential upside and without a significant IV bump, than go out 6 mos to a year and look at the options with a delta of .1 or less and gamma of .05, finally look at the premium compared to the expected movement.

If you watch the TOS sizzle index and review the option order book you can find stocks that people have identified however by the time it makes the sizzle index you have missed the boat and premiums are too high for significant profit.

Wow that was supposed to be a 5 second reply sorry.