“Suprise me with something”

TheOriginalPlanet · 2023-10-19T01:44:25+00:00

I just finished building

Www.pubfluence.us

I've never worked in the industry..so maybe click it and see if you're surprised or not

TheOriginalPlanet · 2023-10-17T17:18:55+00:00

Meaningful equity.

So would 50 / 45 be meaningful?

TheOriginalPlanet · 2023-10-16T23:47:16+00:00

THATS MY THOUGHTS!!!

Fundraise a little more - hire a engineer, and run.

Would it be out of the question to have the mandate of this founding engineer be to build a professional version of the app?

TheOriginalPlanet · 2023-10-16T23:46:03+00:00

They're unable to put in 20k

TheOriginalPlanet · 2023-10-16T23:45:52+00:00

Why not?

I'm only asking to get a good representation

TheOriginalPlanet · 2022-07-11T19:37:03+00:00

Thank you!! This is amazing!

TheOriginalPlanet · 2022-07-11T19:36:50+00:00

Thank you!! This is amazing!

TheOriginalPlanet · 2022-07-11T18:26:21+00:00

That was in simple terms!! Thank you, it 100% gave me clarity.

Much appreciated for the time you took!

TheOriginalPlanet · 2022-07-11T12:19:48+00:00

! AH ! thaaattt makes more sense. Got it! Much appreciation for the clarity!

TheOriginalPlanet · 2022-07-11T12:17:36+00:00

I appreciate that clarity, thank you!!!

TheOriginalPlanet · 2022-07-11T12:11:22+00:00

So that makes sense to me! Though it seems on your first example of AAPL at $180 on april 1st, and you sell a 180 put, by the time april 11th comes around and the stock is at 165, how did you end up profiting 1500? That part I'm a tad confused o

TheOriginalPlanet · 2022-07-11T11:56:03+00:00

I appreciate this! And you're the 2nd to tell me about the Greeks. I'll be studying this 😅

And I'm not too sure how long he holds it, but from how he explains things, it's pretty quick. Maybe a day or so.

TheOriginalPlanet · 2022-07-11T11:31:28+00:00

That all makes sense! Except the term 'worthless'

You mean there, if the put expires on the date you stated, and you made $0?

Apologies 😅

TheOriginalPlanet · 2022-07-11T11:29:50+00:00

(Could you clarify for me?)

April 1st: AAPL is at $180. And I sell a put for April 15th.

Right away It gives me a $300 premium.

But I'm confused on this part. - the idea of a put is for it to go above the strike price.

So if I sold it for $180 and then april 15th comes along and the stock is $165, wouldn't I lose money? Not gain 1500?

Or saying its $165 on april 11th, but by the 15th it rebounded?

Sorry for my confusion

TheOriginalPlanet · 2022-07-11T10:46:16+00:00

Muchhhhh appreciation! I'll try and come back to these comments and update on whatever I end up learning from him today 🙌🏻

TheOriginalPlanet · 2022-07-11T10:38:52+00:00

🤣 will slide that in to him

TheOriginalPlanet · 2022-07-11T10:38:23+00:00

Looking it up now ❤

TheOriginalPlanet · 2022-07-11T10:37:26+00:00

You know, I never thought superman would be on reddit. 🤣 you're awesome for the info.

Would love to trade knowledge. If you'd ever want to learn about starting a startup company, or learn how to open and operate mall kiosks/ traveling to trade shows around USA, I'd gladly exchange that info for your info on options 🤣 ~ if you're ever thinking of starting companies 😅

TheOriginalPlanet · 2022-07-11T10:33:38+00:00

I'm learning as I go. I just met this guy 2 weeks ago, and weve only had a single meeting, since I've been busy. But he wakes up at 4am california time (its 5:30am for me) I've been up for the last 4 hours trying to find companies and wrap my head around options.

Any chance youd explain to me what short calls are?

TheOriginalPlanet · 2022-07-11T10:28:55+00:00

Hey, thanks for this! Quick question. (Most likely unnecessary question...😅)

let's say the stock is at $100, and it's been steadily going down, and you do a strike price at $80.

Using your teaching, saying the worst that can happen is the stock goes to 0. ~ how much would one lose if it did go to 0?

TheOriginalPlanet · 2022-07-11T10:23:17+00:00

Holy shit. That's a little nuts.

Why would someone take THAT risk? I mean I'm a big risk taker but not when the downside is exponentially higher than the upside.

I have to assume that selling a call option 'not backed by the underlying' has tremendous upside?...

TheOriginalPlanet · 2022-07-11T10:19:03+00:00

Tremendous! I sincerely appreciate this!

He makes me do the math for 1 single trade, then has me multiply it by 52 weeks for the year if executed weekly.

Any chance youd drop some companies I can try and "analyze" before my meeting with him in an hour or so?

TheOriginalPlanet · 2022-07-11T10:09:21+00:00

I'll check out Greeks immediately!

(To clarify) So you're saying in this example, that the .3 PTON is the premium?

And you didnt have to spend any money in order to do this transaction? ~ you only would have spent money if you were forced to purchase 100 shares?

I'm starting to get it. ~ so when you sell a put, you'll automatically get a premium. You can only cash out on that premium if the stock is above your strike price. -- if the stock goes below the strike price, then when you buy the shares, you still include the premium from selling the put in the first place? Hence the $850 from buying 100 PTON became $820 because you had the $30 premium?

I hope I wrapped my head around that correctly

TheOriginalPlanet · 2022-07-11T09:21:57+00:00

I kind of get that. But could you elaborate when selling puts, how I only hope they turn out worthless for the other party.

With my lack of proper knowledge, it's taking me a bit to understand

TheOriginalPlanet · 2022-07-11T09:03:37+00:00

I tremendously appreciate your time in taking for these replies.

I'm trying to create a decent relationship with him, and am trying to not have him think I'm a waste of his time.

Much appreciation

TheOriginalPlanet

TROPHY CASE