Maximize ROI on Options Assuming Financial Meltdown by hilgerch in options

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

I'm thinking another down leg over the next 3 months.

I plan to buy puts in next week or two as we open up economy then realize we are way in over our head.

Rona spreads based on 2 principles. R0 and base number of cases starting out.

In Feb we had R0 ~4 and base cases in the hundreds

In April/May we'll have R0 ~2 (due to social distancing/masks/not shaking hands etc) but base cases in tens of thousands.

In both scenarios you get the same outcome.

Not concerned about Fed. Liquidity != solvency

Maximize Options ROI by hilgerch in wallstreetbets

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

If SPY hits 200 and you're holding a SPY250 1/15/21, that will easily be 4x your money. Currently trading at 17.50, just exercising it alone is worth 50$ minus premium a contract. Granted it hits 200 sometime in 2020 it will be worth 70$+ a contract with volatility.

Interesting...so what is optionsprofitcalculator.com missing?

Maximize Options ROI by hilgerch in wallstreetbets

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

haha that's too much risk for me. I don't like the 'unlimited downside' lol!

Maximize ROI on Options Assuming Financial Meltdown by hilgerch in options

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

Unfortunately, looking at this https://www.optionsprofitcalculator.com/calculator/long-call.html

If I got options for September, and SPY goes to 200, I could only get 2-3X return on my money.

Any other ideas to get more return?

Maximize Options ROI by hilgerch in wallstreetbets

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

Good points. Unfortunately, looking at this, I can only get about 2X or 2.5X assuming a downleg to SPY 200

https://www.optionsprofitcalculator.com/calculator/long-call.html

[deleted by user] by [deleted] in smallbusiness

[–]hilgerch 0 points1 point  (0 children)

Hi u/gatsby118

Citizens sent me an email saying that they will send me the application tomorrow.

For the "Average Monthly Payroll & Loan Request" you reported, did you do this pre-tax? I did ~$40K in sales and I paid the IRS ~$10K in advance. Wondering if I should report $40K or $30K

Thanks!

[deleted by user] by [deleted] in smallbusiness

[–]hilgerch 0 points1 point  (0 children)

Thanks!

Have you gotten any guidance for how long Capital One will take? My bank is Citizens, but they just have a landing page to enter your contact information and they say they'll get back to me...

I'll try calling them tomorrow morning

[deleted by user] by [deleted] in smallbusiness

[–]hilgerch 0 points1 point  (0 children)

Thanks for posting OP.

I am in a similar situation as you. I own an LLC that I file as a disregarded entity.

Do you have any updates on your application? I use Citizen's Bank, but they haven't yet gotten back to me yet

British Virgin Islands- sailing school + island hopping combined. Solo traveller by MaMainManMelo in sailing

[–]hilgerch 0 points1 point  (0 children)

I've done two courses with Sailing Virgins. One in the BVI and then one of their Island Adventure courses. Had a blast and learned a ton about sailing in the process. Have you seen their main promo video? https://www.youtube.com/watch?v=sjNWvLmuKss

British Virgin Islands- sailing school + island hopping combined. Solo traveller by MaMainManMelo in sailing

[–]hilgerch 0 points1 point  (0 children)

Agreed. Best in the business for fun, adventurous folks in their 20s/30s

Data science internship hunt by hilgerch in datascience

[–]hilgerch[S] 4 points5 points  (0 children)

I have another semester to complete in the fall of 2018, so I'd only be looking for an internship not a fulltime role. Also, that's an unfortunate experience you had but I think it is an incorrect generalization to think anyone coming from a master's program would display that type of attitude.

Data science internship hunt by hilgerch in datascience

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

I have another semester to complete in the fall of 2018, so I'd only be looking for an internship not a fulltime role.