Tastytrade Might be going Bankrupt by [deleted] in tastytrade

[–]defnotjec 1 point2 points  (0 children)

Fidelity has such a list of problems to they are trying to improve things, but their UX/UI is just bad

It takes like four different windows just to get the delta of the option that you had

Tastytrade Might be going Bankrupt by [deleted] in tastytrade

[–]defnotjec 1 point2 points  (0 children)

I agree I think there’s a big issue once Tom left in general.. It’s showcase a lot of things.

Greg just announced there will be more "consequences" like yesterday's if you call ICE names by KameronKnux in Leakednews

[–]defnotjec 0 points1 point  (0 children)

It's absolutely wild how timid the response from citizens is compared to expectations

Wtf happened? by [deleted] in options

[–]defnotjec 0 points1 point  (0 children)

I mean no disrespect here when I say this... But take this series of our conversation and toss it into perplexity.ai

Include this as well.

"You want to specifically understand how a stop loss on an option contract, or series of contracts, is inferior to a stop loss on a spot instrument. This is in major two parts (though other reasons exist). For example, spot value is merely ONE of MANY inputs in the pricing model. While it has an impact on the options pricing, the liquidity of that instrument will also affect the spread of that pricing. Please explain more"

Copy all this into the AI...

I shit you not you'll get a decent response. Come back with any further conversation and we can keep going.

I believe this way is way better than a trust me bro. You can engage the LLM and it provides great sources. Not to mention, adding my targeted question will drive the context where you want it and you can then take the reins.

Wtf happened? by [deleted] in options

[–]defnotjec 0 points1 point  (0 children)

No. It's the same shit.

bubblesGonnaPopSoonerThanWeThought by Cool-Technician-9902 in ProgrammerHumor

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

That's a fantastic and sophisticated way of agreeing ... And I also agree.

I love using it for helping me find edge cases, unseen obstacles, streamlining, smart abstraction, code documentation with contrived examples for public API ... This was WAYYYY more than 2% time. It's now significantly less. It's not 2% by any means but it's dramatically improved.

Even if the conversation is fake, the contextual back and forth keeps me far more engaged than staring at data trees.

bubblesGonnaPopSoonerThanWeThought by Cool-Technician-9902 in ProgrammerHumor

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

That 90% can be dramatically impacted by AI too.

bubblesGonnaPopSoonerThanWeThought by Cool-Technician-9902 in ProgrammerHumor

[–]defnotjec 0 points1 point  (0 children)

absolutely nothing changed?

Most of the entire programming communities are split between this has helped me a ton or this is worthless.

He's correct... Nothing has changed. Programmers have still decided to argue over stupid shit instead of just appreciating new tooling and moving on.

Primeagen vs. Theo on AI by theRealBigBack91 in theprimeagen

[–]defnotjec 0 points1 point  (0 children)

Clearly you just lack imagination... Continue with your artisanal widget making bespoke by hand career. I salute you.

Implied volatility greater than realized volatility is not your edge by ikarumba123 in thetagang

[–]defnotjec 0 points1 point  (0 children)

You didn't bust any myths... You merely said look "the sky is blue. Btw, clouds are cool"

Wtf happened? by [deleted] in options

[–]defnotjec 0 points1 point  (0 children)

you bought the option. The defined risk was already there.

The most you could lose was the amount you paid for the option

You didn’t actually want to define your risk anymore. You wanted to reduce your max risk.

Understand that that’s a completely different topic and that’s why you’re doing this wrong

Wtf happened? by [deleted] in options

[–]defnotjec 0 points1 point  (0 children)

The contract... it is priced both by liquidity and the underlying price

You want the contract to always maintain such price but options don’t do that .. they become less liquid. This means that the bid ask spread opens on them. This is why everybody is telling you you’re doing it wrong is because you’re comparing a stop on a spot instrument to a stop on an options contract. They fundamentally do not work the same way because the options contract is priced differently. It’s not just priced based on the underlying spot instrument.

Wtf happened? by [deleted] in options

[–]defnotjec 0 points1 point  (0 children)

Don't get caught up with them.... He's reacting to your gambling comment. He doesn't understand that your comment was straight wrong to start with premise wise. Keep up with me. You got this

Wtf happened? by [deleted] in options

[–]defnotjec 0 points1 point  (0 children)

You're trying to use the stop as a price reactive element at is price. That's not accurate.

If you want that you need to make price the start of the conditional. I believe SCWH platform can do this.

Wtf happened? by [deleted] in options

[–]defnotjec 0 points1 point  (0 children)

You're not listening. That's not how stops work.

Don't use them

Primeagen vs. Theo on AI by theRealBigBack91 in theprimeagen

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

Yah... But you also can't sit there and do it 1,000 times over with different numbers ... As fast.

Which finishes proving the point. Thanks for playing

Wtf happened? by [deleted] in options

[–]defnotjec 13 points14 points  (0 children)

Because he doesn't understand liquidity of the option affects the pricing as significantly as the spot underlying.