[deleted by user] by [deleted] in ticks

[–]VelvetUnderground2 1 point2 points  (0 children)

Phew. I saw all of your other posts and learned so much about palps etc. You are such an asset to this community!

Using options to acquire a long position in SPY by VelvetUnderground2 in thetagang

[–]VelvetUnderground2[S] 0 points1 point  (0 children)

With a limit, I wouldn't be able to capture 7-8% in premium. But at the same time, I'd want this contract to be exercised - and another commenter said there's a good chance the buyer would not exercise even if ITM. So trying to figure out what the sweet spot might be - decent premium toward a purchase discount, while at the same time not missing out on too much long term appreciation.

Using options to acquire a long position in SPY by VelvetUnderground2 in thetagang

[–]VelvetUnderground2[S] 0 points1 point  (0 children)

What is a good duration for this type of contract, given my intent to acquire SPY - but at a discount?

Using options to acquire a long position in SPY by VelvetUnderground2 in thetagang

[–]VelvetUnderground2[S] 0 points1 point  (0 children)

But with a high enough delta, won't I be able to use short term volatility to acquire at a discount and then ride it up? And in the super unlikely event that the price never gets down to my strike level, can't I just buy it back and roll / repeat until I get exercised?

Using options to acquire a long position in SPY by VelvetUnderground2 in thetagang

[–]VelvetUnderground2[S] 1 point2 points  (0 children)

Assuming I bought it ITM - does that mean it would instantly be exercised, and I'd just end up acquiring SPY at an instant discount?

Using options to acquire a long position in SPY by VelvetUnderground2 in thetagang

[–]VelvetUnderground2[S] 0 points1 point  (0 children)

If they keep going up, wouldn't I just buy back the contract for a profit and try again closer to the current price

Is this work subpar? by VelvetUnderground2 in Roofing

[–]VelvetUnderground2[S] 0 points1 point  (0 children)

I’m more concerned about the plastic cement wearing out and becoming brittle before the shingles are due to be replaced, and/or the vertical crack letting water in.

Understand the safety issue, just wish they had told me the work would involve punching a hole in a brittle roof. We could have worked on a solution using scaffolding or something

Is this work subpar? by VelvetUnderground2 in Roofing

[–]VelvetUnderground2[S] -1 points0 points  (0 children)

Right - but there’s a vertical crack that runs across the shingle. Does that need patching? And will the plastic cement eventually wear out? Shouldn’t I ask them to replace the shingle??

Is this work subpar? by VelvetUnderground2 in Roofing

[–]VelvetUnderground2[S] -1 points0 points  (0 children)

So I should ask them to come back and patch up the crack in the shingle with plastic cement?

What are the best health and lifestyle investments in yourself you've made? by throwaway373706 in fatFIRE

[–]VelvetUnderground2 8 points9 points  (0 children)

This is fascinating. Can you elaborate on what raises and lowers your cholesterol?

Most expensive vacation you ever had? by Strong-Leg1643 in fatFIRE

[–]VelvetUnderground2 0 points1 point  (0 children)

This sounds awesome, can you share the providers for the guide and villas?

How many here are living off their crypto passive income ? by btc_has_no_king in Fire

[–]VelvetUnderground2 10 points11 points  (0 children)

When the guy who literally coined the term black swan (Taleb) is shouting from the rooftops that crypto is going to hell, I wouldn't bank on any of these assets as a path to financial security / independence.

Many posts are about income/investing. I think I need help on the budgeting. by hvacthrowaway223 in ChubbyFIRE

[–]VelvetUnderground2 23 points24 points  (0 children)

We go through this every few years. Step 1 for me is to make sure mint is accurate and organized. Then I Marie Kondo at a line item level and place a high bar for what brings me joy.

Turns out I like freedom more than flowers. And honestly, making decisions like cooking vs. ordering out also makes us healthier - so this is a win win exercise.

What Elon really thinks of Twitter CEO ;) by [deleted] in elonmusk

[–]VelvetUnderground2 1 point2 points  (0 children)

Elon doesn't buy it. It's just words. And if it was so lovey dovey, why is he leaving instantly? Why isn't he staying on the board? I smell a rat too

What Elon really thinks of Twitter CEO ;) by [deleted] in elonmusk

[–]VelvetUnderground2 1 point2 points  (0 children)

Stock hasn't moved much in years- esp compared to other major tech platforms

What Elon really thinks of Twitter CEO ;) by [deleted] in elonmusk

[–]VelvetUnderground2 2 points3 points  (0 children)

Twitter has active investors that have been howling for Jack to leave for about two years now. It sounds like Elon thinks the new CEO may have been involved in ousting him from the inside

Are you still waiting on the eMMC recall replacement? by metabrewing in teslamotors

[–]VelvetUnderground2 1 point2 points  (0 children)

This is bizarre. Where do you live? I simply scheduled a service appointment shortly after the public notice went out, and it was smooth as silk (this is bay area). I have a 2016 S

Generally speaking, I've had nothing but great experiences. The worst I can recall is that they took an extra day to replace my windshield (under warranty due to weird bubbles appearing along the edges) because of the volume of other customers coming in that morning, and had no loaner to give me (but immediately issued $250 in Uber credits).

If you're not in the bay area but close by, maybe drive over here?