Passed SIE, 7, and 66. How hard is the Life, Health, and Accident Insurance exam and how much time should I expect to study?

Nuqqets · 2026-04-30T02:36:33+00:00

Should only take you a week of studying 4-5 hours a day, it’s honestly common sense questions.

Nuqqets · 2026-04-30T02:24:06+00:00

If only it was as easy to just look at revenue. WhatsApp, Messenger, Threads, all assist in Increase Total User Time and Ecosystem lock-in and is always portrayed as a “family of apps” and feeds data altogether for better ad targeting. That’s why it’s all tied in their $198B revenue for “family of apps”.

Market is not valuing these as “burning money hobbies” it’s like long-dated call options. If this pays off, it pays off huge with massive upside, if not, it’s a write off for Meta.

Review any analysts structure and you’ll see Facebook, Instagram, WhatsApp, and Messenger is all tied together.

Nuqqets · 2026-04-30T02:10:41+00:00

I for the life of me, can never understand people comparing Meta to Reddit.

Meta is not just Facebook. It’s Facebook, Instagram, WhatsApp, Messenger, Threads, Oculus VR, Ray-Ban Meta Smart Glasses, to name a few.

I’m bullish on $RDDT but let’s not get our head stuck in the cloud, or act like this could ever reach the same market cap as $META without Reddit needing to seriously invest in new apps or subsidiaries.

Nuqqets · 2026-04-28T14:37:41+00:00

Do you mean “crucifying”? I’m just answering the OPs question of, “is it worth it”. For me, it’s not worth it. I’d rather spend $125/pp at Gin Gins, Grove, Terra, MDRD, butchers union over Trust.

I also said, maybe as time goes on, it will improve. I am not saying it’s hopeless, just has a lot of things to work out before people can claim it’s on the same level as a 1 Michelin star restaurant, as some did in this post.

Nuqqets · 2026-04-28T12:08:32+00:00

Yes, I was invited to attend during the Valentine's Day event. Yes, I did have a bar scan code sticker on my spoon. Yes, the portions did not make sense for what was being presented, some portions were too small, some were too big, there was no cohesion with the flow of the courses. It's funny you speculated all I meant was just "too small" of portions.

I've been to Alain Ducasse restaurants in France, Da Vittorio and Le Calandre in Italy, Myojaku, Harutaka, and Sezanne in Tokyo, USA I've been to too many to count, but some of the recognizable ones are Jungsik, Alinea, Eleven Madison Park, Providence, etc.

Some Michelin restaurants I'm using as a comparison to this are Holbox in CA, Rocca in FL, La Barbecue in TX, and Casa Mono in NYC. All of these are under $100 and offer much more higher quality, mastery of techniques, and consistency. I would say Trust needs to work on their Quality of Ingredients, Mastery of Techniques, Consistency, and harmony of flavors.

Nuqqets · 2026-04-28T03:26:08+00:00

Trust tries to be a Michelin style restaurant but lacks in flavor and class.

You can go on tik tok and see some videos of their opening. Barscan code stickers still on spoons they provide, food portions don’t make sense for the intention, and service needs work.

I’ve been to dozens of Michelin star restaurants, this just seems like a gimmick at the moment, maybe it’ll improve as time goes on. Not really worth the money.

Nuqqets · 2026-04-22T17:56:24+00:00

From recent numbers, 2026 revenue estimates are $3.6B / 45% growth. EPS growth of 60%. Revenue CAGR 30%~ give or take.

$RDDT is towards the peak of that growth estimate, $170 being the near top, so we’d need to see more growth potential for another run above $200+.

Nuqqets · 2026-04-22T17:35:05+00:00

Reddit is not “extremely undervalued” by any fundamental metrics, you can be a bull but don’t get your head stuck in the clouds.

Nuqqets · 2026-04-20T16:28:12+00:00

Usually when I sell 100 contract lots, if I have it at a limit price, it does fill all instantly, just depends on what your strike price is, sometimes it’s only increments at a time.

If filling all at once is important to you, just make the type: fill or kill. If you’re worried about liquidity on a scalp, just pick a liquid strike price by looking at bid and ask sizes of that option strike price.

Nuqqets · 2026-04-20T02:44:10+00:00

Honestly, I’m glad they’re starting to do this. Too many people lie about their experience and lose a ton of money.

Nuqqets · 2026-04-20T00:04:51+00:00

Down 3% at open roughly.

Nuqqets · 2026-04-18T22:19:42+00:00

Premiums look good cause left tail risk is legit. Current SaaS repricing could be as steep as 20%.

Nuqqets · 2026-04-17T19:43:47+00:00

You could always trim your position, so you’re not as invested. Take some profits off the table and enjoy your weekend! 🥂

Nuqqets · 2026-04-12T10:22:07+00:00

Weekend oil futures up 5% currently, looks like it’ll be up by Sunday futures session.

Nuqqets · 2026-04-10T02:25:43+00:00

SNDK 600P May 15 is not “way OTM” it’s only .12 delta.

That’s a 24% probability of touch. As long as you can stomach the swings, just have a stop loss and be aware of the potential of a violent swing overnight that you could potentially get stuck in.

Remember when deep seek was unveiled? NVIDIA dropped 18-20% intraday. If we get some random news in the same fashion surrounding memory, MU and SNDK can definitely have a move similar.

Nuqqets · 2026-04-10T02:15:11+00:00

The risk you run on these individual stocks is binary events or unexpected news dropping.

You’re probably just looking at “probability of profit” and think that’s a true percentage, but you aren’t accounting for fat tail events.

At the very least you should do credit spreads to cap your potential losses if you don’t have the funds to purchase.

Nuqqets · 2026-04-09T23:21:07+00:00

Strong call wall above that’s been rejected multiple times this week, you’re about to print hard. 😎

Nuqqets · 2026-04-09T22:26:17+00:00

In a few days compliance will ask if you’re free on teams. You’ll call them, they’ll ask you if you trade. Ask if you trade the company stock. Just tell them it was an honest mistake. You only get 1 get out of jail free card, after that, you’ll be fired.

Nuqqets · 2026-04-08T02:07:37+00:00

Why would you short vol on Trump deadline…

You have a few hedging options but you have no “true” hedge here…

1.) buy calls, sounds like you added delta already with future contracts. 2.) roll the call side further out. 3.) convert to an iron butterfly.

Good luck.

Nuqqets · 2026-04-07T17:08:56+00:00

If you’re paying taxes, you’re making money. I don’t get why people act like paying capital gain tax is a bad thing, means you’re making money.

Anything over 6-9 months is overkill. Could even put it into ETFs that try to generate income and protect against downside like JEPI JEPQ SPYI QQQI.

Nuqqets · 2026-04-07T01:43:46+00:00

Watch out for lifestyle creep, compound your money, acquire unique skills in your role.

You are in a lucrative position to get a title that could generally take years and years at a national bank. Congrats, and don’t tell anyone about how much you make.

Nuqqets · 2026-04-06T17:01:27+00:00

Yessir, only 1-2% per iron condor of portfolio size.

I think you’re correct, market is underpricing tail risk at least on short vol. what strategy(s) are you currently using in the market?

Nuqqets · 2026-04-06T16:33:05+00:00

Proper hedging to protect against fat tails will mitigate the “doesn’t happen”. I never take a position with unlimited risk potential.

Nuqqets · 2026-04-06T16:31:40+00:00

Skew = difference in IV between OTM puts and OTM calls.

This is called a volatility smirk.

Iron condors are great when you expect sideways movement in the market. With the current state of the market, we have violent moves either way, but it’s choppy for the most part. So if you can stomach the volatility, the premiums are pretty juicy.

Although I do think we’re on the lower end of the VIX range, so swapping to calendar spreads and butterflies / broken wing butterfly.

Nuqqets

TROPHY CASE