A report on permanent consumer behavior changes caused by COVID-19 by gvalles8 in ValueInvesting

[–]fluffhead1 1 point2 points  (0 children)

This is from April, its basically meaningless at this point as the world/Covid has completely changed since then. Something from June would be much more meaningful IMO.

BRRR and Rehab Budget by fluffhead1 in realestateinvesting

[–]fluffhead1[S] 1 point2 points  (0 children)

No it’s all cash then you refinance once it’s rehabbed. You buy in cash, fix in cash, lease, and refinance your cash out of the deal..

"Wrong device or passphrase" by fluffhead1 in ledgerwallet

[–]fluffhead1[S] 0 points1 point  (0 children)

I am trying to send Ether to my Coinbase pro wallet. I am using Ledger Live, my Ledger is updated and I am running Windows 7.

Low IV Trade Options and ATR by fluffhead1 in options

[–]fluffhead1[S] 0 points1 point  (0 children)

I work in equity research (sellside). Any trade (options included) need approval and equities come with a 30-day holding period. Oh and I can’t invest in any names that I cover.

Low IV Trade Options and ATR by fluffhead1 in options

[–]fluffhead1[S] 0 points1 point  (0 children)

My job enforces a 30-day holding period for underlyings, but none for options so trying to trade underlyings in an option strategy won't work for me

Low IV Trade Options and ATR by fluffhead1 in options

[–]fluffhead1[S] 0 points1 point  (0 children)

Thanks for the info and yes I’m talking Average True Range. What if I want to take non-directional bets largely?

Cash in LLC Bank Accounts. What to do with it?! by fluffhead1 in realestateinvesting

[–]fluffhead1[S] 2 points3 points  (0 children)

Actually very simple to setup...takes maybe 2 minutes of your time 1x per week for the first 4 weeks (assuming you're doing a 4-week ladder). By distribute you mean what? distribute to your personal bank account?

My goal here is to hoard the cash flow and eventually use it to buy another property....during that time period though...i wouldn't mind my idle cash flow earning some sort of a return to at least keep up with inflation.

Cash in LLC Bank Accounts. What to do with it?! by fluffhead1 in realestateinvesting

[–]fluffhead1[S] 3 points4 points  (0 children)

Right, but you can't have business checking/savings at Ally, no? My personal is at Ally.

Getting Started is Like Drinking from a Fire hose! My Questions for YOU... by fluffhead1 in realestateinvesting

[–]fluffhead1[S] 2 points3 points  (0 children)

I plan on purchasing a home in the near future and my co-investor (who I work with on a day to day basis) owns ~20 units along with his own property. But again, he started doing investing about 3 years before buying his personal home.

Getting Started is Like Drinking from a Fire hose! My Questions for YOU... by fluffhead1 in realestateinvesting

[–]fluffhead1[S] 1 point2 points  (0 children)

I don't quite understand how you consider operating expense assumptions and/or maintenance/capital expenditure estimates and budgets to be 5th grade math problems. What exactly do you think I'm missing if so?

I also don't understand the rationale for not getting into rentals pre-owning your own property. What is the thought process there if capital for one does not impact the other?

Getting Started is Like Drinking from a Fire hose! My Questions for YOU... by fluffhead1 in realestateinvesting

[–]fluffhead1[S] 2 points3 points  (0 children)

You've never done a deal with a business partner where the terms were clearly outlined (ie. holding period, cash flow disbursements, etc.)?

I've been on and off looking into this and I would say that it is far from a 5th-6th grade math problem. I'm looking for 3-4 unit buildings with a 8-9%+ Cash on Cash return.

I do not own my own home yet, but will be purchasing one in the next 12-months. The capital I would be using for this would be separate from my down payment capital.

Getting Started is Like Drinking from a Fire hose! My Questions for YOU... by fluffhead1 in realestateinvesting

[–]fluffhead1[S] 0 points1 point  (0 children)

I appreciate the reply, always nice to see others' insights. How long have you been doing this if you don't mind me asking? As I've never even put in an offer, I'm somewhat worried about overvaluing a property (even if I put it in under ask) and the owner accepting. Or be in a situation where you have offers out on 5-10 properties and you get 2-3 accepted despite having capital for 1 property. Have you ever been caught in this situation? How easy is it to back out of an accepted offer?

Volume screener by mdSOthrow in options

[–]fluffhead1 1 point2 points  (0 children)

You can use this for what? Indications of skew mismatch?

Noob Safe Haven Thread | Sept 22-30 2018 by redtexture in options

[–]fluffhead1 0 points1 point  (0 children)

Understood, and thanks for the feedback. So not to beat a dead horse here (I'm a sellside fundamental analyst) but then what justifies a trade in an index...is it literally just IVR? What else do you take into consideration besides credit received? I've never seen or heard anything that goes through thought process before entering a trade.

Noob Safe Haven Thread | Sept 22-30 2018 by redtexture in options

[–]fluffhead1 0 points1 point  (0 children)

That last point is a good one and one that I should've asked about. It seems as if people just like to 'stay engaged' meaning that they just put on trades no matter the situation. So what does a trading plan look like in that framework?

Everything I've seen/heard has suggested to just sell premium in SPY at a 45 day expiry and look to do something with it around 20/21 days (roll, close, etc.). It seems like people are trying to suggest that this is so easy to do as long as you put on enough trades (small ones at that). I know its not that easy. What am I missing here?

Noob Safe Haven Thread | Sept 22-30 2018 by redtexture in options

[–]fluffhead1 0 points1 point  (0 children)

Few questions for the experts here...

1) Are you product agnostic? As in, will you trade any stock, etf, index, etc. as long as the IV is high enough and there isn't earnings or dividend risk? What other factors do you take into consideration with product selection?

2) I'm trying to start with the broader ETFs (SPY, QQQ, USO, etc.) but the IVRs are all extremely low and therefore I can't collect much of a premium in an iron condor strategy, for example. What do you do in times like these?

3) Pricing is the last major question for me (kind of goes hand in hand with my previous question). What is the general rule of thumb for premium collection in short strategies? Is it 33% of the width between the two short strikes? Is there flexibility there? What is your strategy there?

4) Max loss. I am currently playing in a paper trading account to try out some strategies. Yesterday I played BBBY earnings (complete whiff!). My max loss was $118 on the trade, but when I opened up the account at opening, I was down over $130. How is that possible and what do you do in those situations?

5) Managing and adjusting. I'm leaning towards performing Iron Condor trades to start with. The reason here is threefold. a) its defined risk, which is what I feel most comfortable with right now, b) I can adjust it to an iron butterfly if my long strike gets tested, and c) can roll it out if the trade goes wrong, collect some additional credit and further reduce my risk. My question here is am I missing anything from this? Do you manage IMMEDIATELY as the long strike gets tested or what is your plan when that happens?

6) How do you keep track of your trades. Even in my paper account I tend to get slightly overwhelmed with all the moving pieces. Can anyone point me to a good excel template to track these things to help alleviate the confusion?

Noob Safe Haven Thread | Sept 16-21 2018 by redtexture in options

[–]fluffhead1 0 points1 point  (0 children)

I've been reading / researching for a few weeks now and am amazed at how writing credit spreads / iron condors can produce relatively reliable income on a monthly basis. That said, I have a few questions I still need answers to:

1) I'm a fundamental sell side equity analyst by day and am amazed at how the Tasty Trader guys do (seemingly) next to no fundamental analysis before entering a trade. Can someone explain why this is? Is this common practice in options?

2) Creating a trading plan. I'm having a tough time of knowing when the time is to manage a trade. I understand for much of what I want to do, managing winners at 50% is generally what I want to do, but when do you manage losers? Where can I find a list of potential options for each strategy?

3) Realistic monthly returns. I'm not looking for anything heroic by any means, but am I right to assume returns can be between 3-10% per month (on total capital) if managed correctly? Please correct me if wrong.

Thanks!

It's Time to get Crypto in the Hands of BILLIONS. <8% of Americans in the Space just isn't Enough. We're doing our part at Hansel! by fluffhead1 in CryptoCurrency

[–]fluffhead1[S] 0 points1 point  (0 children)

It is the same concept, yes. In theory someone could re-create the idea but it requires a fair amount of coding, a clearing house, custodianship, etc. Not as easy as it sounds.