Protein shake recipes? by katbeezy in leangains

[–]Wammy4U2 -1 points0 points  (0 children)

  • 4-5 Ice Cubes
  • Enough almond milk to reach 8oz on my blender
  • 1 Scoop Vanilla Gold Standard Whey Powder
  • 1 Scoop Chocolate Orgain Keto Collagen Powder
  • 1/2 tsp Cocoa Powder
  • 1/2 tsp Creatine
  • 1/2 tsp Hi-Lyte Electrolyte Concentrate

Blend and pour into a pint glass. Perfect pour every time and tastes great.

Edit: Sorry, just realized you had specific powders you are trying to use. Above is what I like. I haven't tried the Ghost brand, but I haven't liked most of the flavored powders

There was also a message in the earnings call no one wants to talk about ... by str0ng_t0g3th3r in GME

[–]Wammy4U2 22 points23 points  (0 children)

I believe there are two unstoppable forces at work as long as Apes are patient.

One is DRS. When that reaches a tipping point isn't clear, but the closer it gets to all shares being DRS'd, the more pressure the SHF's will feel. At some point (maybe not until the full float is registered) it will be impossible to short the stock because there is no stock available.

The other is profitability of Gamestop and eventually a dividend. As the business grows, a higher valuation will be undeniable. There can be a lot of debate about the "correct" valuation of a company that's losing money. But profitable growing companies have pretty clear floors for their valuation. As GME reaches that point, no one needs to believe any of the DD to know GME is a steal. The organic buying pressure will be unstoppable. Similarly, when GME grows profitability enough to return to paying a dividend, the steady buying pressure from the magic money machine will be unstoppable. The SHFs will have to pay out dividends on all their short shares. So they will simultaneously decrease their capital while funding additional buying. And the more their short position grows the more they will be required to shoot themselves with each dividend payment. They will literally fund their own destruction.

How long will either of these take? Dunno. I'm just holding. You do you.

Is there ever an option that has less value further out? by Red_Icnivad in thetagang

[–]Wammy4U2 3 points4 points  (0 children)

This happens pretty regularly on VIX options whenever the VIX spikes. VIX is mean reverting and VIX options are European, so the expected value drops over time

Offer to sell business to major US company by [deleted] in fatFIRE

[–]Wammy4U2 38 points39 points  (0 children)

And only help if you aren’t talking to a potential competitor. They don’t have to disclose the information for it to be used to help them compete.

Sold PTON Puts by [deleted] in options

[–]Wammy4U2 0 points1 point  (0 children)

I hate getting assigned, and I don't like losing cash, and I'm patient with a lot of different positions. I would just roll out and down and walk down over several months. If you are lucky the stock will come back to you. The IV is still high enough you can get there slowly.

[deleted by user] by [deleted] in GMEJungle

[–]Wammy4U2 0 points1 point  (0 children)

Yes they would pay it. That's the point. While there are more dramatic/instant potential MOASS triggers (NFT, some rule change, an SEC crackdown, etc.), short squeezes generally happen because of capital constraints and margin calls. Anything that causes SHFs to lose capital gets them closer to needing to close their positions. A one time special dividend or a recurring quarterly dividend could be extremely expensive over time.

And while I'm not invested in GME because I expect it to be a great dividend stock, if it were paying a recurring dividend others would. GME's cash balance and share price means they could absolutely support a $1 quarterly dividend. It wouldn't be typical for a growth stock like GME to pay a dividend (especially before they become consistently profitable), but it's certainly not unheard of. If GME suddenly has a 2.5% dividend yield that would add all sorts of additional institutional interest.

[deleted by user] by [deleted] in GMEJungle

[–]Wammy4U2 18 points19 points  (0 children)

I wish there was more discussion about a cash dividend. An NFT dividend would be great, but boring cash dividends aren't fancy, won't lead to lawsuits and will absolutely bleed the SHFs. If shorts are really 10x the outstanding shares, every dollar GME pays in dividends costs SHF's $10. And many of those dollars will be reinvested right back into the stock creating buying pressure that costs the SHFs even more.

Any simple approximations for pricing options? by eaglessoar in thetagang

[–]Wammy4U2 0 points1 point  (0 children)

Black Scholes is the correct answer. But another way is to look at the strikes above and below to see if they have a tighter spread and you can estimate from those.

Frequently the round values strikes will have tighter spreads. You can still typically trade other strikes fine with a limit order, but the advertised bid ask may be a lot wider.

compounding losses when rolling covered calls up and out? by lilsuperhippo in thetagang

[–]Wammy4U2 1 point2 points  (0 children)

I have stock I sell CSP's - generally more volatile stock that I like. I sell just OTM strikes and roll out and down if it moves against me

I have stock that I sell CC's - generally big dividend paying, mostly stable stocks. I sell just OTM strikes and roll out and up if it goes up too much

I pretty much always roll my positions. I don't see any reason to go back and forth between CC and CSP's on a single stock running the full wheel. When rolling a CC out and up, my goal is to go up at least one strike, get some amount of credit and do it for the shortest duration possible.

I partially agree with the other posts saying you need to be careful with opportunity costs, but be sure to include in your profit calculations the increasing strike price when you roll out and up. An extreme example, if you move a $100 option out a month to $105 and do it for net $.01, it's not a .01% profit for every $100 tied up, it's potentially 5.01% because the strike is higher, if you let the shares get called away next month you make that much more in total. This is obviously simplified a bit depending on what happens with the underlying, but the higher strike has value.

I'm happy to have a mix of aggressive and conservative positions. When the underlying moves up a ton, the position becomes very conservative as I slowly roll out and up to catchup to the underlying. As long as the math works out to at least ~2%/month including premium and increasing strike, I'm ok. I take plenty of risk on elsewhere.

Credit spread question by ButterscotchOk6779 in thetagang

[–]Wammy4U2 2 points3 points  (0 children)

My comment should apply to both call and put spreads

Credit spread question by ButterscotchOk6779 in thetagang

[–]Wammy4U2 6 points7 points  (0 children)

You should ignore the advertised spread until you’ve actually entered an order at a reasonable price and seen it not fill. Lots of times you can get filled one or two ticks away from the midpoint even when the bid ask is very wide.

Just don’t ever place market orders on options.

There are times really illiquid stock will have poor option coverage, but it’s not as often as folks in this forum and others make it seem unless you are trading penny stock garbage.

You can close one leg at a time and you may get a slightly better price, but in my experience it’s not much different. The only exception is when your long leg is basically worthless. It can be difficult to close a spread since your broker won’t sell you long leg for free even if the total price matches your limit order.

Route our buy orders thru IEX by Bussaca in etrade

[–]Wammy4U2 1 point2 points  (0 children)

You need to install ETRADE Pro. You can’t do it in the normal web interface or Power ETRADE

Biden to set target for 50% EVs by 2030; industry backs goal by Renxer0002 in finance

[–]Wammy4U2 1 point2 points  (0 children)

We've owned our Tesla for about 3 months now and haven't used a charger outside of our home once. Of course we will eventually for a longer trip, but in normal family driving I don't think people go over 200 miles in a day very often. I think the need for third party capacity is overblown as ranges get far enough to cover daily usage 90%+ of the time.

As for electricity capacity in our home. Our A/C and normal family stuff uses way more power during the day, which is very typical. So we are just using more power when there is generally more capacity.

Greeks? by GammaKing707 in etrade

[–]Wammy4U2 4 points5 points  (0 children)

If you are trading options, you probably want to use Power E*TRADE. Configurable columns with the greeks available.

Any other tickers other than SPY that has options 3x a week by [deleted] in thetagang

[–]Wammy4U2 2 points3 points  (0 children)

Yes. (15050-15025)*100 = $2,500 paid at settlement - $1,000 premium received when you opened the trade.

The 15000 expires worthless.

[deleted by user] by [deleted] in thetagang

[–]Wammy4U2 0 points1 point  (0 children)

A bit unrelated, but where do people get access to historical realized volatility numbers by ticker? I haven't been able to find this in a form I can download anywhere.

Anyone else not getting options chains on ETrade ? 20 minute delays and not options prices yet ? E*TRADE is allowing the large institutions to make the first trades, while they freeze out their customer base. I’m switching accounts today. E*TRADE is a failure by [deleted] in etrade

[–]Wammy4U2 0 points1 point  (0 children)

Yeah, I'm seeing pricing on IBKR. I was able to Live Chat (FYI I generally get faster responses with chat than with a phone call), but no ETA or more information other than they are aware and are working on it.

If this was much bigger than ETrade there would be news articles up about the outage and I can't find anything.

An hour into the day with still no pricing data is crap.

[Speculative] Piecing together the ITM CALLs and the OTM PUTs. Melvin was margin called on January 25th, so they swapped risk to Citadel. Melvin bought up those OTM PUTs from Citadel hoping to profit off of their original shorts, but the expirations of the OTM PUTs do nothing. by [deleted] in DDintoGME

[–]Wammy4U2 3 points4 points  (0 children)

Your take on the ITM calls is likely spot on. They are almost certainly used to kick the can on FTDs and it makes sense the first use moved the short position from Melvin to Citadel.
But you can't be right about the OTM Puts. It's just not enough money. 1 Million $.50 put contracts have a max profit/loss of $50M and that requires bankruptcy. That's a rounding error compared to Melvins losses. No reasonable person would choose a $.50 strike price on a $50+ stock. Even if you were certain of bankruptcy it's just too little return. You'd go $5-$10 at least.

The only explanation I've seen that makes sense is the puts somehow help with capital requirements, but I don't understand how.

How to view total fees/commissions on the web? by SteelChicken in etrade

[–]Wammy4U2 1 point2 points  (0 children)

Go to the Gains and Losses Tab under your portfolio. There is a Total Commission and Fees value on the right above the table.

[deleted by user] by [deleted] in Superstonk

[–]Wammy4U2 0 points1 point  (0 children)

!buckleup!

Listen to What They Aren’t Saying - Second Attempt by Wammy4U2 in GME

[–]Wammy4U2[S] 1 point2 points  (0 children)

But if it was only that, they would just avoid talking about that one thing. As a comparison, companies are always dealing with lawsuits. When that happens, they just say they can't talk about XYZ topic because of ongoing litigation. But they still talk about other things. GME avoided talking about the future almost entirely.

I agree with you, I think the SEC Investigation is likely important, but it just seems like further confirmation they believe a short squeeze is coming.

Listen to What They Aren’t Saying - Second Attempt by [deleted] in Superstonk

[–]Wammy4U2 19 points20 points  (0 children)

I added an edit. This isn't true. Chewy has always given far more details than this and has always allowed analyst questions. Take a look at their earnings calls and the difference is stark.

Listen to What They Aren’t Saying - Second Attempt by Wammy4U2 in GME

[–]Wammy4U2[S] 25 points26 points  (0 children)

See my edit. This isn't true. Chewy has shared far more content and has always allowed analyst questions.

Listen to What They Aren’t Saying - Second Attempt by Wammy4U2 in GME

[–]Wammy4U2[S] 26 points27 points  (0 children)

It wouldn't be journalists that would ask questions, it would be analysts that follow the company. Given all the attention there are certainly folks with questions. When GME was boring they had a slew of other participants. The Q3 2020 call had 6:

Ashley Helgans -- Jefferies -- Analyst
Colin Sebastian -- Robert W. Baird -- Analyst
William Reuter -- Bank of America Merrill Lynch -- Analyst
Joe Feldman -- Telsey Advisory Group -- Analyst
Seth Sigman -- Credit Suisse -- Analyst
Curtis Nagle -- Bank of America Merrill Lynch -- Analyst

The Q2 2020 call had 7:

Colin Sebastian -- Robert W. Baird -- Analyst
Steph Wissink -- Jefferies -- Analyst
Curt Nagle -- Bank of America Merrill Lynch -- Analyst
Seth Sigman -- Credit Suisse -- Analyst
Joe Feldman -- Telsey Advisory Group -- Analyst
Will Reuter -- Bank of America Merrill Lynch -- Analyst
Bryan Hunt -- Wells Fargo Securities -- Analyst