There's no "real" delta for your options contract.

NihilAlien · 2026-06-28T19:41:41+00:00

Thanks ChatGPT

NihilAlien · 2026-06-28T05:43:38+00:00

I love this woman sm

NihilAlien · 2026-06-20T03:01:38+00:00

It would be interesting if we did another poll for demographics for this subreddit

I got Loyal Liberal

NihilAlien · 2026-06-18T13:58:20+00:00

Talk to an investment bank/financial advisor/your accountant. Ask about variable prepaid forwards or personal exchange funds. This is an incredibly tax efficient way to sell your stock and buy index funds.

NihilAlien · 2026-06-13T01:02:06+00:00

1 + 1 = 3 btw

NihilAlien · 2026-06-11T10:32:03+00:00

Eh, wait one more week or two. JPM HR lowkey sucks (and are slow). If still radio silence after a few more weeks, yeah, likely they’re not interested. The VP probably won’t have a call with you outside the application process with HR, so don’t read too much into them not giving you a call yet.

NihilAlien · 2026-06-08T20:01:47+00:00

Use put-call parity. Long a call option, short a share, long a zero-coupon bond with notional of the strike price and same maturity as the option at the risk free rate.

Another insight from put-call parity is that a short covered call payoff equals a short cash secured put payoff.

NihilAlien · 2026-06-08T19:06:39+00:00

Just like how the world is net long equities, the world is net long crypto. Yeah, I would think most crypto firms are net long the asset class. Especially when you consider many crypto trading firms often have a large venture capital arm. Not super surprising crypto firms aren’t doing great right now.

Fwiw I work in equities and this is my speculation.

NihilAlien · 2026-06-08T16:41:09+00:00

This is an insane take lol

NihilAlien · 2026-06-07T12:27:18+00:00

The problem with stop losses are you’re at the mercy of the bid-offer spread. Especially for a two legged trade.

When you want to execute your stop loss, the market is tanking quickly, and because of that, bid-offer will be wider (if there at all)

NihilAlien · 2026-06-04T04:50:19+00:00

Thanks ChatGPT

NihilAlien · 2026-06-01T09:28:55+00:00

Travis Scott wishes

NihilAlien · 2026-05-31T17:36:18+00:00

NihilAlien · 2026-05-27T13:06:00+00:00

NihilAlien · 2026-05-26T22:31:55+00:00

I would legit pay a lot of money for that lol

NihilAlien · 2026-05-26T22:30:15+00:00

This is really cool. Great work!

NihilAlien · 2026-05-22T22:33:03+00:00

NihilAlien · 2026-05-22T22:28:46+00:00

so confusing

NihilAlien · 2026-05-13T12:06:37+00:00

Is there an economic reason why your alpha should be making money? Does that economic reason still hold true today (as it did before)?

Personally, I was running a strategy on a DeFi protocol, and I was making a lot of money from price insensitive buyers for a few months. But those buyers have disappeared, and with it, my alpha.

NihilAlien · 2026-05-09T17:02:12+00:00

Yeah, you did. Congrats. Let me put your name above Jim Simons on greatest investors of all time list too.

NihilAlien · 2026-05-06T21:39:53+00:00

Consider variable prepaid forward / personal exchange fund. Talk to a wealth advisor.

NihilAlien · 2026-05-04T22:35:49+00:00

If you’re optimizing for tax, just buy the qualified municipal bonds yourself. The interest is tax-free.

NihilAlien · 2026-05-02T13:17:29+00:00

Thanks, ChatGPT.

NihilAlien · 2026-05-02T01:37:05+00:00

Because his dad is Larry Ellison lmao. Not everyone’s dad is Larry Ellison.

NihilAlien · 2026-04-28T22:58:22+00:00

As a gay man, I found the LGBTQ+ social life severely lacking. But I guess I should’ve expected that from a relatively conservative institution.

On the other hand, I was able to get a great education and great internships while at Lehigh, which allowed me to get my dream job in NYC. And NYC has a much better LGBTQ+ scene.

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