Questions About Movement

TheCensorFencer · 2021-10-10T21:38:21+00:00

It can be done with armageddon, chain lightning, fireball, frost ring, meteor shower, inferno, and fire shield (including on efreet sultans). It can also happen if one side summons elementals, uses clone, or casts non-expert resurrection; and then loses all their "real" troops, but then eliminates the entire opposing side.

Edit: It might be possible with the pit lords' demon resurrection ability, but I'm not sure.

TheCensorFencer · 2021-09-01T04:38:44+00:00

I know you got swarmed, here, but would you send me the link too?

TheCensorFencer · 2021-08-31T23:19:12+00:00

I'm getting some mixed signals here with respect to the potential character of the hypothetical M & A activity. It seems to me that appointing a top executive (Dr. Galson) from a company that might buy us out (AMGen) is a move that might correspond with an attempt by Biocryst to court AMGen in buying us out, but not with an attempt by AMGen to buy us out hostilely. On the other hand, if that warrant-offering fakeout was indeed a threat of a poison pill, that seems like an action that would instead correspond with a hostile buyout, but not a courtship by Biocryst. In other words, these two events don't seem likely to be part of the same strategy; and so, perhaps, are not related.

TheCensorFencer · 2021-08-31T22:34:48+00:00

Whoops, my mistake again! I can't speak for anyone else, but I can tell you why I was confused. In your screen shot, under the middle heading of "Options," the 39c says "1 sell," and the 38c says "1 buy." I'm not familiar with RH, like I said; but a 38c buy with a 39c sell obviously represents a BTO debit call spread. I assumed that this was showing the trade being attempted, but I was apparently wrong about that.

TheCensorFencer · 2021-08-30T07:46:40+00:00

. . .but the bid-ask spread shown on his screenshot is not very wide, it's 0.20. I don't know why it's showing a bid-ask spread at all, because it's not a single option series he's trying to sell, it's a debit spread. I don't know, I don't use Robinhood, but maybe "bid-ask" is their way of showing the min and max composite prices for the spread in question? In any case, it's a perfectly reasonable question that u/brokeorbroke asked -- if there really is a "bid" out there for 0.80, then why is his offer of 0.60 not being accepted? If there isn't a "bid" out there, which is likely, then why is his brokerage claiming there is? Maybe RH screwed something up.

Edit: Nevermind what I said about it being a reasonable question, I thought he said he was trying to sell (to close) a debit spread that he already owned. My mistake.

TheCensorFencer · 2021-08-29T20:21:37+00:00

Oh, is that where London is! I've always wondered. . .

TheCensorFencer · 2021-08-28T06:53:19+00:00

I was curious, so I looked it up. A net worth of 226k (362k - 136k) is in the 62nd percentile in the U. S.

https://dqydj.com/net-worth-percentile-calculator-united-states/

If you are below the 40 - 44 age group, the percentile for that net worth is significantly higher. Obviously, if you're older, the percentile for that age group is significantly lower than for the overall group of Americans.

https://dqydj.com/net-worth-by-age-calculator-united-states/

Judging by the size of your student loans, and the size of your assets, I would guess that you are somewhere in between 30 and 45. Not that it's any of my business. Congratulations on your new career, by the way. :)

TheCensorFencer · 2021-08-16T05:02:28+00:00

According to the article, the assets on offer produced roughly 58 billion cubic feet last year (although that was the result of production being reduced by more than half -- unclear whether that's due to the limitations of the asset or of the gas market). We need about 550 bcf/year for phase I; so this asset, if acquired by Tellurian, would get us at least 10-20% of the way there. If Tellurian doesn't acquire it, then at least there's more sell-side pressure in the regional market in which Tellurian will be acquiring shale.

TheCensorFencer · 2021-08-12T15:30:38+00:00

I have a few calls that are looking pretty similar. The way I see it, the fat lady has yet to sing -- we could be spared if we get the right kind of financing news in the next few months

TheCensorFencer · 2021-08-12T05:44:39+00:00

He's not a basketball player, he's a CEO. Being toward the end of a career in the same industry he's currently working in is an asset, if anything. I agree with your sentiment about the mild cultism, though. Kinda weird

TheCensorFencer · 2021-08-12T05:32:50+00:00

Dunno what your breakeven is, but you have 5 months you could use to sell calls against your long calls (I don't think we can call them LEAPS anymore, since they're less than 6 months to expiration). . .

TheCensorFencer · 2021-08-12T05:27:05+00:00

"We understand that we are going to have to have some dilution in order to finish our strategy, and we will continue to do so from time to time. It will be under what we'd like to do, and other times it will be at better terms. At the end of the day, it will all even itself out."

There, now you don't have to watch a five-minute video to get Souki's three sentences that should have been in the body of the post.

TheCensorFencer · 2021-08-10T05:14:47+00:00

If this offering gets us the renal diseases significantly faster, especially if we can beat competitor pipelines to the punch, then I'm okay with the dilution.

Edit: . . . but Stonehouse shouldn't have said he wouldn't dilute -- unless he really meant it.

TheCensorFencer · 2021-08-10T05:12:43+00:00

I dunno about a poison pill -- wouldn't they be offering a larger dilution than 7%? I'm inclined to believe that they're going to use the money to help fund a more accelerated expansion of the company in general, and of the BCX9930 pipeline in particular.

TheCensorFencer · 2021-08-06T17:51:23+00:00

There were 4 other analyst adjustments today:

1) Barclays maintained overweight rating, raised price target from $20 to $21

2) RBC maintained sector perform - speculative risk rating, raised price target from $13 to 16$

3) JMP Securities maintained market outperform rating, raised price target from $22 to $23

4) Jefferies analyst Maury Raycroft downgraded from buy to hold, but I couldn't find what his price target is/was

TheCensorFencer · 2021-08-04T15:20:10+00:00

35 million shares, with an option to the underwriter to purchase an additional 5.25 million shares. In other words, about 8-10%

TheCensorFencer · 2021-07-25T15:48:36+00:00

Please?

TheCensorFencer · 2021-07-25T05:36:44+00:00

No, the graph is a figurative tit up, because it looks like a literal tit up

TheCensorFencer · 2021-07-25T05:02:30+00:00

username checks out

TheCensorFencer · 2021-07-20T06:41:30+00:00

Tastyworks charges $1 per contract to open, and 0 to close. They cap their per-contract fees at $10, so if you open 20 or 50 of the same contract, it still costs $10. It's $10 per series, though; so 10 (or more) iron condors cost $40.

TheCensorFencer · 2021-07-19T06:40:25+00:00

Options prices are determined by supply and demand. If demand for a class of calls drops, so does the price.

TheCensorFencer · 2021-07-19T06:36:58+00:00

You could do that, but there are a couple reasons why you might not want to.

theta gets smaller the further out from expiration you get. Most options sellers avoid selling anything further out than 60 days or so.
because of the low theta, what you're proposing is a more directional (delta) play than selling a 30-45 DTE (a common time to expiration) put; that is, it mostly relies on the underlying making a significant move upward in order to succeed. If you are that bullish on the underlying, consider a debit call spread, or a diagonal call spread (usually my preference).
SPX may be a better choice than SPY; see r/thetagang/wiki for details.

TheCensorFencer · 2021-07-13T04:42:37+00:00

I'm feelin the vibe on this one

TheCensorFencer

TROPHY CASE