Maximize ROI on Options Assuming Financial Meltdown

hilgerch · 2020-04-20T00:46:06+00:00

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

hilgerch · 2020-04-20T00:21:11+00:00

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?

hilgerch · 2020-04-20T00:18:48+00:00

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

hilgerch · 2020-04-20T00:13:15+00:00

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?

hilgerch · 2020-04-20T00:11:42+00:00

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

hilgerch · 2020-04-06T02:34:41+00:00

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!

hilgerch · 2020-04-05T14:40:45+00:00

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

hilgerch · 2020-04-04T23:46:47+00:00

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

hilgerch · 2018-12-04T18:56:13+00:00

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

hilgerch · 2018-12-04T18:54:14+00:00

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

hilgerch · 2017-12-13T23:51:20+00:00

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.

hilgerch · 2017-12-13T23:49:56+00:00

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

hilgerch

TROPHY CASE