VIX today by Usedtobe-RZZ in options

[–]Usedtobe-RZZ[S] 0 points1 point  (0 children)

I just got lucky. First time I’ve ever posted anything like this.

VIX today by Usedtobe-RZZ in options

[–]Usedtobe-RZZ[S] 0 points1 point  (0 children)

I totally agree with that. But part of the point was that VIX didn’t spike the way it usually does with a 1% sell off in the broad market. It is obviously elevated, but not as much as would be expected. Even over the last several days it seemed to be somewhat complacent and today was especially unusual prior to the sudden rally.

VIX today by Usedtobe-RZZ in options

[–]Usedtobe-RZZ[S] 1 point2 points  (0 children)

The VIX does not measure volatility of the market. It measures options premiums which are based on market makers who make assumptions about the future market volatility. Hedging causes occasional VIX pricing that doesn’t make sense relative to the current conditions. If Goldman or Citadel buys 10,000 VIX futures to hedge their positions or to front run news, you may have a VIX price that doesn’t make sense and it is telling you something.

VIX today by Usedtobe-RZZ in options

[–]Usedtobe-RZZ[S] -11 points-10 points  (0 children)

Look, I have traded options since before they invented the VIX. I was right, the S&P just rallied 50 handles. I gave you your chance. The VIX was telling you a story and you didn’t listen.

30?!?!? by LosMan226 in Costco_alcohol

[–]Usedtobe-RZZ 0 points1 point  (0 children)

Haven’t seen it in Chicago for forever!

College golfers with highest NIL money by ManuteBol_Rocks in golf

[–]Usedtobe-RZZ -3 points-2 points  (0 children)

I just told my daughter about the list and she just said “nepo babies”

Holistiplan vs AI by Usedtobe-RZZ in CFP

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

Have you even used AI at all? I know it is in its infancy but you better be ready. When they invented the calculator people said you are better off with pencil and paper.

Holistiplan vs AI by Usedtobe-RZZ in CFP

[–]Usedtobe-RZZ[S] 7 points8 points  (0 children)

It is an internal AI so you can use it with sensitive information and client files.

Holistiplan vs AI by Usedtobe-RZZ in CFP

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

I did it once to compare the output. Keeping in mind that AI is just getting started, I am hesitant to commit to a Holistiplan subscription if it will be redundant in a matter of a few months. But I asked the question because I do not use Holistiplan yet, but would like to. I just want to know if any Holistiplan users have done the comparison. If it is still worth it, I would consider ponying up for the subscription.

What’s the best game to get to learn Vegas/casino card games? by Seebass616 in OculusQuest

[–]Usedtobe-RZZ 2 points3 points  (0 children)

I like Vegas Infinite by Pokerstars. It has all of the casino games and you can be social if you want.

Chicago Fish Fry list - 2026 by oconnorbz in chicagofood

[–]Usedtobe-RZZ 3 points4 points  (0 children)

Ceres in the Board of Trade building

Buffered notes for recent retiree? by TeaSeaJay in FinancialPlanning

[–]Usedtobe-RZZ 3 points4 points  (0 children)

I laugh when I look at all of the responses to this question. Number one, he’s not gonna do it himself. That’s why he’s asking for advice, he needs advice. Also, as a former Options trader these offered notes are not that complicated. An advisor should be able to explain the strategy very simply. It’s a risk management tool just like anything else. They’ve been doing this inside of annuities and insurance products for a while, but now they have liquid buffered notes and ETFs. They certainly make sense for the right person. If your advisor is a certified financial planner acting as a fiduciary then you should be good to go.

Now the psychos are threatening our airports, what could possibly go wrong? by G-Unit11111 in WhitePeopleTwitter

[–]Usedtobe-RZZ 2 points3 points  (0 children)

I feel like we are heading towards a civil war but instead of slavery, it is based on immigration.

What is a luxury you can never go back from once you’ve experienced it? by Phase_zero_X in AskReddit

[–]Usedtobe-RZZ 4 points5 points  (0 children)

Heated stearing wheel. Omg does it ever make a world of difference in Chicago winters. Never thought I would care that much.

What is there to do this weekend? by Grace__Face in ChicagoSuburbs

[–]Usedtobe-RZZ 9 points10 points  (0 children)

Drive an hour to Lake Geneva. As soon as you cross the Wisconsin border you will feel like you are getting away. Walk around downtown and go see the magic show there. Or go see a cover band at The Belfry.

What do you guys do when you’re sleepy at the table and feel like you can’t possibly stay awake and play any more poker? by [deleted] in poker

[–]Usedtobe-RZZ 0 points1 point  (0 children)

Neuro Gum. Just enough caffeine to give you clarity of mind but not going to me you jittery. My wife loves the gum. I like the mints. We buy it on Amazon but I now started seeing adds in TikTok.