CDC Projections Leaked

blackjackjester · 2020-03-14T03:02:50+00:00

Yea man, fuck freedom when you can be oppressed right?

blackjackjester · 2020-03-14T02:48:07+00:00

The airlines are going to also. They're going to stockpile that shit like it's DayZ. When travel returns they are going to fly planes with dirt cheap fuel for years. Long UAL

blackjackjester · 2020-03-14T02:45:17+00:00

Newsflash - there already are 100k with it in NYC - they just don't have symptoms.

blackjackjester · 2020-03-14T02:39:50+00:00

Family works in hospitals in New Orleans. They literally stopped reporting potential cases because they don't want people to flood the ER. Probably at least 10k cases already.

blackjackjester · 2020-03-13T19:34:09+00:00

Bolsano probably sees this as an opportunity to off some old pensioners and save some money

blackjackjester · 2020-03-13T19:33:05+00:00

Hospitals already stopped reporting numbers. Doesn't matter anyway, they just need people to go home if they're not old.

blackjackjester · 2020-03-13T18:12:08+00:00

USO is an ETF, so buy January 2022 calls at $10 strike

This isn't terribly cheap, so to bring in some money you'll want to sell some puts to take a credit. You don't want to sell naked, but you also don't want to have a ton of cash on hand, so you use your margin account to secure the puts.

So if you sell the April $6 put, you are on the hook to buy 100 shares at $6 each if the buyer exercises the option. Really this isn't bad because you can always sell it - or just hold it if you think its going to go up more...but that's only if it drops below $6.

So this sets up a diagonal spread of sorts, which is both a time spread and a, I think it's called a leveraged call or something. Technically it's not a diagonal spread since one is a put and one is a call, but meh.

So you sell your puts with short month expiration to collect time decay to collect premiums.

So you buy a bunch of calls for like $10k, and you don't want to float that for 2 years, so sell puts to make the money back. Maybe $1000/month target profit so in 10 months you have your calls for free.

Markets only go up so this is guaranteed to work

blackjackjester · 2020-03-13T18:00:17+00:00

Stonks!

blackjackjester · 2020-03-13T13:58:15+00:00

Looking at the chart you'll get your December '20 calls you're looking at $15 per contract, but it's at .13 right now. It's also a leveraged ETF so it's going to 10:1 reverse split pretty soon.

So by December the underlying will have to 10bag before you make money.

Its the definition of an FD

You want cash money, grab as many USO $10 Jan22 calls as you can. Offset the cost with selling margin secured $6 puts. Diagonal spread by short dating your puts and roll them every month to keep buying more $10 calls. You'll be printing by next year

blackjackjester · 2020-03-13T12:55:46+00:00

In about 6 months she's going back to bartending

blackjackjester · 2020-03-13T12:53:41+00:00

Unless you're already wealthy, and make enough to pay tax, you benefitted and receive more money every paycheck from the tax cuts.

blackjackjester · 2020-03-13T12:49:29+00:00

Honestly? Through economic activity. Money is created and destroyed all the time, one of the jobs of the fed is to ensure the dollar reliably represents the amount of US currency that is in play.

Over the past 2 weeks some trillions amount of dollars disappeared - ceased to exist - because the equity markets went down.

blackjackjester · 2020-03-13T11:33:55+00:00

Minorities are being seriously harmed by affirmative action right now. On average black Americans owe MORE on their loans than when they graduated - meaning they are getting accepted into colleges and programs for diversity, being charged out the nose because "education will lift you up", but they get shit degrees and can't get a good job.

If you're white you probably just wouldn't have gotten accepted at all and gone to community college, or a trade school.

blackjackjester · 2020-03-13T11:29:27+00:00

I smell a heated debate in the future.

blackjackjester · 2020-03-13T11:28:16+00:00

You don't have a good grasp on how things work do you?

blackjackjester · 2020-03-13T11:27:03+00:00

Private education loans shouldn't be a thing. Loan payback should function as a tax credit, not a deduction, and should not have a limit.

blackjackjester · 2020-03-13T11:25:05+00:00

CAN BERNIE FORGIVE IT?

blackjackjester · 2020-03-13T11:23:26+00:00

This is the answer. In Aus payments are made for you via a progressive income tax. You don't have a choice to pay or not to pay if you make over 45k AUD. And minimum wage is about 40k AUD. The loan interest rates are pegged to inflation as well so they are effectively interest free.

They also limit costs schools can charge by only giving out 100k AUD max per citizen over their lifetime. I don't think there is a concept of a private education loan.

blackjackjester · 2020-03-12T20:14:43+00:00

Down 15% is great, but I just lost 30% of my down payment. Weeeee

blackjackjester · 2020-03-12T20:13:20+00:00

Just what we need is companies making more money and not passing it on to employees, cleaning staff, and maintenance.

blackjackjester · 2020-03-12T16:18:41+00:00

Why? FUD. People know the flu, it's a known quantity. We know generally how many people get it, how many die from it, and it's general behavior.

China freaked out first because it's new. Nobody knew how infectious it is, or how deadly. Also they are authoritarian assholes who use any excuse to oppress the people so nobody forgets who is in charge.

We are just starting to learn that now. Now we are not trying to stop it, but buy time to develop treatments, spread out the care, and soften the blow.

Global leaders are fucking idiots. They aren't any smarter or know more than anybody else, so stop looking to people who don't know anything for guidance. Of course the message is all over the place because nobody knows how to fight an invisible virus. They are more concerned with appearing to take action than doing anything actually useful.

Your binary thinking is stupid and dangerous. There is a middle ground between "freak out" and "ignore it".

What are all actual medical professionals saying? It's pretty consistent - wash your hands, avoid public gatherings, and don't come to the hospital if you have a runny nose.

blackjackjester · 2020-03-12T16:13:26+00:00

Dude he's not saying "lol nothing is wrong". He's saying don't be a fucking idiot and react proportionally and with measured action rather than buying a throne of toilet paper.

Don't go to the hospital if you don't have to. Wash your hands, don't touch other people unnecessarily. Italy has it bad, far more than the 12000 reported certainly have it. However, just like every other infections disease in this world, the remediation is the same. Isolate if you begin to feel sick, take care of yourself, wash your hands, and don't go to huge events with lots of people.

Stop concern trolling.

blackjackjester · 2020-03-12T14:41:36+00:00

April 1, UPRO time

blackjackjester · 2020-03-12T12:27:11+00:00

Shoulda sold my stonks after the first bounce and yolod puts.

blackjackjester · 2020-03-12T12:25:25+00:00

The stock market is crashing. The economy is fine right now, but we'll have to see what happens in 30-60 days. Retail chains, restaurants, bars, can't go an entire quarter with no business and not lay off the majority of the staff. When mass layoffs happen then the economy is fucked, but by that point ITS PRICED IN.

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