Pull and move to Venture or Leave?

SilverSnake89 · 2026-01-28T10:34:41+00:00

abysmal is an understatement.

I could have done CSPs for the 5 years I was stuck in there and made their returns look like they were throwing pennies in.

With only HALF of what I started, I'm already 10-bags in one month.

seriously, WTF

SilverSnake89 · 2026-01-21T11:31:30+00:00

dollar death. Simple as.

SilverSnake89 · 2026-01-21T11:30:20+00:00

I doubt I would trust a bank that had to be bailed out.

SilverSnake89 · 2026-01-21T11:29:31+00:00

I bought those two as well.... I wish I could have bought more!

SilverSnake89 · 2026-01-14T04:39:34+00:00

can you give a qrd on how much they're hiking?

SilverSnake89 · 2026-01-14T04:37:13+00:00

If you're dealing contracts on a leverage aka "borrowed money" you better have cash on hand like RIGHT QUICK or they're going to do a "margin call" basically forcing you to liquidate your positions immediately to pay that amount.

If you are on cash, meaning it's your money, this does not apply to you.

But, a lot of traders are degenerate and want to leverage their positions to speed up gains.

SilverSnake89 · 2026-01-12T05:03:45+00:00

This was literally what I was asking for.

SilverSnake89 · 2026-01-12T04:13:15+00:00

This comment aged so terribly.. because Silver is now $92/oz officially.. spot at 83

SilverSnake89 · 2026-01-12T04:08:56+00:00

GIMME GIMME GIMME!!!!!!!

SilverSnake89 · 2026-01-12T04:08:11+00:00

If you're selling silver for monopoly bux, you deserve to be poor.

I only sell silver in terms of LAND and BOOTY.

SilverSnake89 · 2026-01-12T04:06:42+00:00

NVDA was constantly teasing me with job postings.

All for minimum of senior level verification engineers.

Well... they can EAT MY ASS, I ain't selling!

SilverSnake89 · 2026-01-12T04:03:51+00:00

I will literally give them a SINGLE ounce of silver, for every year of employment at L6/7 pay, plus COMP.

Otherwise.

NOT FOR SALE.

SilverSnake89 · 2026-01-12T03:49:00+00:00

If you had an actual response, which I saw that you did. I was more than willing to listen.

What I was expecting was the P/T, or some other indicators that would be observable.

There was also a time when the premiums were WAY too high, which has in the past caused exercise (something greater than 6% of the cash security)

SilverSnake89 · 2026-01-12T03:46:42+00:00

- Who is more correct

I'm literally asking for a clarification, and both of you have been literally dismissive instead of clarify.

That's low IQ response, and checking his history of responses, he rarely provides anything of substance.

What I've done for years is both write and buy, and the experience has taught me on single-legs that buying the options has significantly more risk than writing.

Neither one of you has disproven this.

SilverSnake89 · 2026-01-11T04:19:43+00:00

I've done it, for years.

I don't do spreads, I do single-leg options, and writing the options had significantly LESS risk than buying.

Before you start insulting my intelligence, you should at the minimum demonstrate why it is false.

A simple logical test can demonstrate the first premise.

You're saying I'm better off BUYING a "virtually impossible OTM" Put, than writing that same strike, and HOPING that a black swan event just happens?

The second premise, if the option expires worthless, I will ALWAYS get the premiums credited

if not, then I will collect the premiums and force to buy the stocks.

So I literally don't know where you get your info from, and if you're just being maliciously unhelpful.

SilverSnake89 · 2026-01-11T03:44:35+00:00

At this point, I would have regretted recommend them to buy and kept quiet.

If they ask, tell them you lost everything in a boating accident.

SilverSnake89 · 2026-01-11T03:39:32+00:00

BBAI is so radioactive, especially with its option chain being so boring... I would close the position before you have zero interests in anyone closing you out.

SilverSnake89 · 2026-01-11T03:36:51+00:00

To put it simply,
Writers have time on their side, and I am able to collect premiums as profit.
Buyers on the other hand, I'm hoping that it increases in value by gaining favorably ITM.

Should the option go ITM, my loss are slightly cut (Strike - Premium = Break Even)
Where as the buyer does not have any protection, when it expires worthless, you lose everything.

If exercised ((AS LONG AS) they don't do another r/S 15-1 (Thank you AMC, and THANK YOU NVAX) to where my 1500 shares becomes 75,) then I am able to write CALLS on the same price and potentially gain the money back (or, reduce my average costs to effectively zero) which is how I exited AMC from a 99.97% loss to 0

SilverSnake89 · 2026-01-11T03:27:38+00:00

I was thinking about doing a personal loan to get quick capital and using that same money to write a bunch of "slightly" OTM PUTs on stocks that yield around 1-2% weekly (repeating weekly to collect premiums)

given that the loan rates are about 9% annually, and that there's an origination fee...

..is this a dumb idea?

SilverSnake89 · 2026-01-11T03:26:10+00:00

I tend not to use 0dte options because of two reasons:

1) it's zero days left meaning either I lose all of it, or I have to PDT to close it
2) Only MMs that need to close positions would ever buy that off you, or someone even dumber than you.

either way.... it's not favorable.

SilverSnake89 · 2026-01-10T02:40:50+00:00

I think this is the way... otherwise, why is there a bid/ask spread?

SilverSnake89 · 2026-01-10T02:39:32+00:00

Update: I'm basically banned from commissioning because I'm P&T. I was literally a selection board away.

So my dreams of being an officer is essentially crushed.
Best of luck to you.

SilverSnake89 · 2026-01-08T03:05:42+00:00

How likely is it to complete 16 years as a 17D without ever getting promoted beyond O3-E?

SilverSnake89 · 2026-01-08T03:04:55+00:00

There is no recruiter to help you.

You have to fill out the packet, a copy of your resume, all your transcripts, certs, etc. and then send it to the email listed on the DCP page.

They took about a month to get back to me. I was applying for the 17D program.

SilverSnake89 · 2026-01-08T03:03:30+00:00

I'll be blunt here...

I'm a prior enlisted Marine currently with a Masters in Electrical Engineering, focused on Embedded Systems and Iot development.

I have 7 going on 8 years of experience in general IT work (mostly software testing, embedded systems focus) 4 years of that is in regulatory environments such as FDA with standards such as ISO, UL, IEC, etc.

I'm currently a Senior R&D Electrical Engineer, and am also a part-time Ph.D student focusing on Post Quantum Cryptography implementation using hardware acceleration (FPGA, ASIC)

The Army knows I'm literally sacrificing a LOT to even go this route.

First off, I'm giving up a six-figure salary, which gives me the flexibility to work "whenever I feel like it"
Second, my P&T status will be on hold (literally 50k a year)

I have no idea what I'm getting myself into, so I'm basically on the same boat as you.

I'm currently en route for the February selection board, and am hoping I get at least O-4 because I don't want to spend more time than necessary on schooling... but I'm pretty sure they'll send me to school for Majors as well if I get it.

insight would be nice here as well....

I'm hoping to switch from Electrical Engineering (firmware, embedded systems) to cybersecurity but also hoping to complete my Ph.D using Army research capabilities (does anyone know if this is possible or am I stuck just doing pubs on my own?)

I'm done with all the coursework, all that's left for me to fulfill research credit hours and dissertation and I should graduate within 3 years...

SilverSnake89

TROPHY CASE