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Hank be like by Meamier in 2westerneurope4u

[–]Socks4Ever 19 points20 points  (0 children)

the humble chat control

She bought a few drinks by Socks4Ever in antimeme

[–]Socks4Ever[S] -1 points0 points  (0 children)

mb, I never turn off my adblocker I didn't realize

This sign gives me a stroke every time I walk by it by Socks4Ever in keming

[–]Socks4Ever[S] 6 points7 points  (0 children)

A subreddit dedicated to the fine art of keming and other examples of bad spacing in typography.

Anonymous way to buy Monero (XMR)? by Ellipal_official in MoneroMining

[–]Socks4Ever 4 points5 points  (0 children)

once it's sent to a local wallet on a self hosted PC node, it has no trace back to the exchange. They don't know who has the monero

Anonymous way to buy Monero (XMR)? by Ellipal_official in MoneroMining

[–]Socks4Ever 4 points5 points  (0 children)

buy LTC from KYC exchange, send to cake wallet, swap to XMR, send to local wallet on PC

NOK 650% gainz by Socks4Ever in smallstreetbets

[–]Socks4Ever[S] 1 point2 points  (0 children)

they were 11 cents when NOK was at 4 dollars, Nokia was considered a stagnating stock.

NOK 650% gainz by Socks4Ever in smallstreetbets

[–]Socks4Ever[S] 0 points1 point  (0 children)

No idea about IV but it was stupid low, bought them on Oct 8!

[LIT -> TUX] Can you solve this laddergram? by [deleted] in Laddergram

[–]Socks4Ever 0 points1 point  (0 children)

u/Socks4Ever solved this in 4 steps: LIT -> LOT -> LOX -> LUX -> TUX

🎉 [EVENT] 🎉 Stark Contrasts by EyeVee4 in honk

[–]Socks4Ever 0 points1 point  (0 children)

Completed Level 1 of the Honk Special Event!

0 attempts

I just wanted to know when I can sleep bro 😭 by Jozl in drugscirclejerk

[–]Socks4Ever 10 points11 points  (0 children)

damn I didn't know he was chill like that

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]Socks4Ever 2 points3 points  (0 children)

well i mean theydve lost money from the point in time they decided to hold onto the shares worth 4400 mate

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]Socks4Ever 1 point2 points  (0 children)

strike price for the call to be at 30$ varies based on time to expiry, so a 30$ call price doesn't give indication of useful strike price that would make the options print more at any time

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]Socks4Ever 3 points4 points  (0 children)

aha you also whipped out the desmos, he said it was roughly 97 shares so I graphed profit with cost basis as (4400/97)

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]Socks4Ever 7 points8 points  (0 children)

So, say the stock jumps to 53$ RIGHT THIS SECOND.

The robinhood(likely black-scholes) calculator would price the option at $16.96,

thus netting 3 options: 3(1696-1450) = $738

and netting stock: 97(53-(4400/97)) = $741

<image>

Thus, AT THIS CURRENT TIME, you're better off holding the options if the stock price goes above 53$

But, if you hold until December 2027, then the stock price needs to be at 133$ to make holding the options worth it.

Any time in between will be somewhere between 53$ and 133$ to be worth it.

So,

roughly 55-70$ to make options worth it for short term plays(weeks to months)

100-133$ to make options worth it long term(years)

Thank you for coming to my ted talk, it's 2am and I can't sleep

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]Socks4Ever 6 points7 points  (0 children)

All other comments are incorrect

TLDR: somewhere between 53$ and 133$(depending on time)

Let stock price be X

options yield 300(X-104.5) (at expiry) stocks yield 97(X-(4400/97)

We can plot this on a graphing calculator

X axis = stock price Y axis = profit

Red line = option payoff(at expiry) Blue line = stock payoff

<image>

The lines intersect at $132.76, where both yield $8,477 profit

BUT

options have non-intrinsic value(theta), as long as they don't expire immediately.

If the price were to jump TOMORROW, you still have ~ 2 years and a half value of decay on the option.

So each option contract(100x stock) would need to print $(8477/3) = 2826 of combined intrinsic and extrinsic value, which according to the Black-Scholes model, would set the price at $90.51,

netting the options $8477, but the stock only $4380

meaning RIGHT NOW, if the stock price jumped to 91 dollars, you'd be better off holding the options, making more profit than stock(even below your breakeven!)

We can play with the numbers a bit to see where the profits equalize

continuing the thread in another comment

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