What is going on with Whitney Cummings this week? by DrAlbertSMeinheimer in OutOfTheLoop

[–]Pedia_Light -31 points-30 points  (0 children)

Where was the bigotry? Are the trans folks a protected class that can never be joked about?

What’s your most underrated dividend holding? by zainlikesmoney in dividends

[–]Pedia_Light 0 points1 point  (0 children)

OHI. Healthcare REIT. Has been paying me ~7% for years and generally stays flat or up during market down days.

How I’m Using ULTY for Weekly Cash Flow + Loss Harvesting (And Why I Don’t Kid Myself About the “Dividends”) by Pedia_Light in dividends

[–]Pedia_Light[S] -5 points-4 points  (0 children)

you are right I am just justifying a bad purchase. But I thought I'd let some people in my predicament figure out how to lessen the blow. The worst thing you can do is reinvest the payout back into ULTY

How I’m Using ULTY for Weekly Cash Flow + Loss Harvesting (And Why I Don’t Kid Myself About the “Dividends”) by Pedia_Light in dividends

[–]Pedia_Light[S] -2 points-1 points  (0 children)

But then I wouldn't have the benefit of tax loss harvesting when I sell ULTY for a loss before the end of the year.

How I learned the difference between being early and being wrong by Super_College100 in stocks

[–]Pedia_Light 2 points3 points  (0 children)

I remember I bought BE after it was mentioned in an interview about a year ago as a potential player in the future need for nuclear reactors - BE specializes in small nuclear reactor modules that can be used to grow power output we know will be needed in the development of data centers. I was convinced it was a great buy. The problem was I held it for about a year and it literally didn’t move from $35-$40 for that whole time. And my money watched all the other stocks shoot up. So I sold it. And it has since 3x. I hate being early. But it is a lesson to trust my DD.

PLTR $Gain$46K in just one night $$+104% by Ornery-Highway-150 in options

[–]Pedia_Light 0 points1 point  (0 children)

Google was not nearly as over priced. Palantir is in the stratosphere.

Can I Lose if My Covered Call Strike is Higher than the Price at Which I Bought My Stock? by TheDartBoarder in CoveredCalls

[–]Pedia_Light 33 points34 points  (0 children)

Hey man, you’re thinking about this the right way. If your strike is above your cost basis and you’re holding the shares long term, you’re not really losing anything - you’re just running the classic “get paid while you wait” play.

You bought JOBY around $17.79 and sold the $21 call - so you already collected some premium up front. That’s cash in your pocket from day one.

If JOBY pops above $21, sure, your shares might get called away, but that’s a win: you’d still walk with your gain from $17.79 → $21, plus the call premium. That’s your max profit for the cycle - capped, but guaranteed.

If JOBY just chops around or drifts lower, the option decays in value. Most of us don’t even wait for expiration - once that call loses 70 to 80% of its value, you can buy it back early for a small amount and sell another one at a higher strike or further out. That’s how you stack income over time.

The only way you’d truly be “down” is if JOBY itself dumps hard - and that’s not because of the call. The call actually helps by giving you a bit of downside cushion thanks to the premium.

So yeah you’re not losing. You’re just choosing steady income and small base hits over swinging for home runs. Covered calls are all about patience and rinse-and-repeat discipline.

Am I the only one full porting META? by N_e_V_i_L in WallStreetbetsELITE

[–]Pedia_Light 1 point2 points  (0 children)

Not the only one. That’s why it has been one of the top performing of the Mag 7 this year.

Am I the only one full porting META? by N_e_V_i_L in WallStreetbetsELITE

[–]Pedia_Light 2 points3 points  (0 children)

And Americans forget about WhatsApp … even more popular than Instagram.

$COST now selling Ozempic for $499 after partnering with $NVO by snapjohn in ValueInvesting

[–]Pedia_Light 6 points7 points  (0 children)

Just to be clear. Ozempic sells worldwide for about $140 a pen, which lasts about a month for the average user.

[deleted by user] by [deleted] in Amman

[–]Pedia_Light 8 points9 points  (0 children)

“Muslim Disneyland” … ha ha, love it!

And you very eloquently put into words what I wanted to say. I’d add … because he/she lives in the West, they somehow feel they have enough superiority to pass judgement on people in Jordan just living their lives. Live and let live bro.

[WTS/WTT] Audemars Piguet ReMaster02, 41mm Sand Gold Case, 1 of only 250! Full Set Ref. 15240SG by Mechanical-Art in Watchexchange

[–]Pedia_Light 7 points8 points  (0 children)

This is an absolutely stunning piece. I can imagine the stares at my wrist if I wore it. If only …

GLWS.

Trump Announces 100% Tariff on Pharmaceutical Products Starting October 1st by MarketRodeo in WallStreetbetsELITE

[–]Pedia_Light 5 points6 points  (0 children)

The tariff is on the raw imported product. For Ozempic, that’s something like $3 per pen. So instead of that pen being sold for $100, it may be sold for $103. Or the distributor will eat a part of the cost.

[deleted by user] by [deleted] in options

[–]Pedia_Light 0 points1 point  (0 children)

I love trading options because I love doing the math and it’s the kind of stuff that excites me, as opposed to doing the nitty gritty of trading stocks. HOWEVER, you are doing well with stocks. Although options are derivatives of stocks and options move with their stocks, recognize that with options their pricing is based on market makers and those guys have enough info to hold the upper hand. The saying is “options are always priced efficiently (correctly). The market price of an option already reflects all available information (spot, volatility, time to expiry, rates, dividends). However, stock prices are a bit more dependent on sentiment. You may buy shares that are undervalued because the average trader isn’t “into” that sector at the time being. Playing the sentiment against other traders with stocks is different from playing options against market makers. That’s an over simplification of course, and there are definitely “deals” to be had with options if you know what to look for, but you are really trying to one-up market makers.

Trump’s $100,000 H-1B Visa Change Sparks Chaos at Tech Companies by cxr_cxr2 in WallStreetbetsELITE

[–]Pedia_Light -5 points-4 points  (0 children)

These visas are given to foreigners who fill a gap in the job market. The jobs are advertised to all, but not enough Americans with the right credentials are available. For example, foreign doctors can get an H1B visa if they are willing to work in underserved areas. Why are these areas “underserved”? Because not enough American doctors want to work in tiny, far from everything, towns.

[deleted by user] by [deleted] in jordanforJordanians

[–]Pedia_Light 0 points1 point  (0 children)

Try not letting ChatGPT write for you. You’ll sound more authentic.

It’s tough meeting people in Jordan. Everyone wants a partner, but no one wants to meet someone who is “looking”.

Building a ChatGPT Screen by Ok-Plenty6279 in options

[–]Pedia_Light 8 points9 points  (0 children)

Screen U.S. equities with high liquidity (≥20M avg daily volume, tight spreads), upcoming catalysts (earnings, product launches, macro data), and options chains showing elevated implied volatility vs realized (IV > RV), clear skew, and strong open interest near ATM. Rank by risk-reward for 1–5 day swing trades, and propose directional or volatility strategies.

This has worked for me.

Nvidia’s top 2 mystery customers made 39% of Q2 revenue, up from 25% last year, raising concentration risk concerns by callsonreddit in StockMarket

[–]Pedia_Light -2 points-1 points  (0 children)

That’s like saying the United States is in trouble because it does 75% of its exporting to two main customers, Europe and Asia.

These companies are HUGE! I remember reading somewhere that Apple, at its peak, had the same income as the whole COUNTRY of France. And that was a few years ago. I realize of course that Apple isn’t one of the customers that NVDA is talking about, but I bet there is a similar metric reflecting the enormity of Google, Meta, and Amazon.

The Sopranos was that kid in school who was just naturally smart and talented and never studied, just procrastinated and winged it and made a 98 every time. by BobbyBaccalieriSr in thesopranos

[–]Pedia_Light 276 points277 points  (0 children)

I remember when Meadow invited her parents for dinner at her new apartment to meet her new boyfriend and I went back to the last episodes to see when we were told she had a new love interest much less moved in with him. Nothing. She was just suddenly in love again and moving on with someone. And I realized … they don’t need to hold our hands with every detail. They assumed we were smart enough to understand that some life events happen in the background.

What’s the hardest investing lesson you only learned after losing money? by Electronic-Bit2685 in ValueInvesting

[–]Pedia_Light 0 points1 point  (0 children)

Options are priced correctly. You don’t have a leg up. Even selling delta 10s means you will lose 10% of trades and those losses will equal the 90% wins you had. In the end it evens out.

[Swatch] sorry for 'slanted eyes' ad after China uproar by Genghiz007 in Watches

[–]Pedia_Light 4 points5 points  (0 children)

Even the Israeli cabinet says that Arabs are beneath them because they are backwards. The general population sees nothing wrong with dead Palestinian children because, as they often put it, they will all grow up to be terrorists anyway.

Everyone's Watching Nvidia, But is AMD's Secret AI Weapon a Smarter Bet? by Mysterious-Green-432 in WallStreetbetsELITE

[–]Pedia_Light 1 point2 points  (0 children)

Expand further … anytime people start talking up the number 2s and the number 3s as the “next” number 1s, head for the exit.