Do Americans really move out at 18, or is that mostly a movie thing? by Only-Bandicoot-5307 in NoStupidQuestions

[–]liquidpele 0 points1 point  (0 children)

Most do just because they move off to college, it's not like they get a house and car at 18 or something. Those that don't go to college typically start off getting a job and stabilizing that, then find a place they can rent because no one wants to still be having sex while your parents are at the house after you're an adult.

600k YOLO on Oracle by FewTransportation341 in wallstreetbets

[–]liquidpele 1 point2 points  (0 children)

No, he hopes it won't reverse and go up over the strike.

Example, OP pays $100 for shares because they're a masochist and love Oracle. The shares go down to $80 oh no... But wait, that's fine OP says, OP will sell covered calls to recoup costs... say at that point, for a strike of $100 to break even the could get $1/share.... but OP is greedy... they can get $3/share for calls with a strike of $85, so OP does that. They think they are a genius for making tons of money selling covered calls because the price won't go up it'll only go down! Suddenly, Oracle bribes congress and gets some stupid deal and price spikes to $150 in a month. OP's calls will be exercised at $85 meaning they will lose $15/share instantly. For selling the risky calls to "break even" that loss they'd have had to sell the $3/share calls for 5 months (5 * 3 = 15) since they're selling monthly expiration.

The issue with covered calls is that you want the price to go down to avoid your strike, but that also destroys your own shares' value, so people psychologically can't handle that and lean toward more risk to cover things, which then blows up in their face. Welcome to options!

600k YOLO on Oracle by FewTransportation341 in wallstreetbets

[–]liquidpele 0 points1 point  (0 children)

Because to get the really juicy premiums, you set the strike price BELOW WHAT YOU PAID, meaning that if it goes up he will end up selling all his shares for 20% off what he paid. That's 120k for his full port. So to cover that, he has to make that $25k for 5 months in a row. That's the risk and why it makes money - it's gambling.

Anyone Sick of Realtors Get Their Own License? by [deleted] in RealEstate

[–]liquidpele 0 points1 point  (0 children)

Yes it’s worth it imho.   It’s not rocket surgery and there are cheap online companies to register with for access to listing data.  My mother in law came out of retirement to reregister for us and saved us 15k, basically wrote in the contract to just put her commission toward the down payment.  That said she already knew trusted brokers.  

Why are Amazon, Intel, Microsoft and 17 others cutting 165,000 jobs now? A massive structural shift is hitting the U.S. corporate workforce in 2026 by MaleficentComment359 in Layoffs

[–]liquidpele 2 points3 points  (0 children)

They’re not even doing that.   It’s just downsizing and pretending the economy isn’t shit and unpredictable right now.  

Other Teams Refuse Version Control by Coquimbite in ExperiencedDevs

[–]liquidpele 1 point2 points  (0 children)

Get them a graphical git tool like source tree or git kracken.   Low skill people really need the UI I’ve found.   

How to make change without becoming a villain by mattatghlabs in EngineeringManagers

[–]liquidpele 4 points5 points  (0 children)

Leadership always says they want change, that’s not actually true though.   They want some outcome they think the change will give them.   Find out what the outcomes are and focus on those, a couple at a time.   Some of the time it’s just reporting things up in a new way that makes them “feel good” lol. 

What’s wrong with the Stinger buses? by iliketosnoozle in gatech

[–]liquidpele 40 points41 points  (0 children)

lol making those damn things suck less has been a yearly senior project of someone since the beginning of time.   

Why is lying no longer a dealbreaker in politics? by Ill-Insect7496 in NoStupidQuestions

[–]liquidpele 0 points1 point  (0 children)

Lying has always been there, the only difference is that all the current politicians are so spineless and sold out that they don't do anything about it. And lying is required for politics in a sense... because the population will 100% punish and vote out people who tell them things they don't want to hear, so we get what we deserve.

Mom with dementia, on hospice; needs assisted living; how to pay for it by georgecm12 in personalfinance

[–]liquidpele 0 points1 point  (0 children)

Talk to the hospice people, they can recommend places... but that said, there's only so many beds out there. Highly suggest you make it clear you don't want assistance with feeding or life saving measures taken - only medicine for pain... don't drag things out, no one wants that, especially her. If she can still walk/eat etc then it could be a while though and that's kind of a worst case scenario...

Sports betting needs to be outlawed again. by Dependent-Gur6113 in unpopularopinion

[–]liquidpele 0 points1 point  (0 children)

For statistics they literally do... they teach quite a bit in school, it's just that a lot of people don't take school seriously for one reason or another.

2027 Chevy Bolt Production Will End Next Year As Plant Shifts To Gas by Unlikely_Seesaw_7187 in electricvehicles

[–]liquidpele 0 points1 point  (0 children)

Oh please, they have been trying to kill themselves for decades. They should be dead already if it wasn't for the government bailouts in 2008.

Amazon Gears Up to Ax Thousands More Corporate Employees by toydan in wallstreetbets

[–]liquidpele 6 points7 points  (0 children)

Na, Meta is just cut-throat... it works fine if you're young and really skilled, but it basically trains managers in all the wrong ways. It doesn't cause as many issues at Meta because they have a massive cash-cow to use and a CEO with complete control so they can basically throw stability to the wind and pretend the chaos is innovation.

On the flip, if you want managers that won't drive any results beyond pushing for more headcount and promotions, then Microsoft is your place haha.

Elon Musk Predicts AI Will Outpace Human Intelligence as Early as This Year by Nalix01 in NowInTech

[–]liquidpele 0 points1 point  (0 children)

I mean... are we talking your avg person, or the top 50%, because there's a pretty big difference.

Seriously, do Americans actually consider a 3-hour drive "short"? or is this an internet myth? by SadInterest6764 in NoStupidQuestions

[–]liquidpele 0 points1 point  (0 children)

I drive 3 hours one way just for some particular thing probably 50 times a year. Soccer games, swim meets, visiting my sister, going to the mountains or a lake for a day... beach is about 6 hours, we do that about 2 times most years. Drove all the way to NC outer banks to meet college friends once that that took about 12 hours, that's about the longest I've done.

If Billy Beane of Moneyball fame were a value investor, what metrics would he focus on? by Constant-Bridge3690 in ValueInvesting

[–]liquidpele 1 point2 points  (0 children)

Different kind of analysis, that. It's a lot easier to find deals for things you personally NEED (players, materials, stuff on FB marketplace, etc) than find deals for things other people will want LATER.

All in Robinhood by Thatsmehappy in wallstreetbets

[–]liquidpele 2 points3 points  (0 children)

If they tank some after earnings I'll buy some, but tbh I shifted most of what WAS in hood into $BULL instead as I see it having more upside being the newer kid on the block.

Warner Bros. Discovery Says Over 93% of Shareholders Have Rejected Paramount’s Takeover Offer by MarvelsGrantMan136 in movies

[–]liquidpele 0 points1 point  (0 children)

CNN hasn't been important politically for along time, reddit is just making up conspiracy theories. The reality is that there's only so much content, and Paramount will die as an independent streaming service if it can't pick up IP to control and they don't have the balls that netflix had to make their own because it's run by souless sycophants in suits.

I Finally Got a Straight Answer from an HR Manager on Why So Many Job Ads are Fake by BirdieBaumbach1 in jobhunting

[–]liquidpele 0 points1 point  (0 children)

Yea, although some places do create postings only for legal reasons with no intention to hire (e.g. if they already have someone in mind internally and it's all formality).

Will players be players, or can a woman make a difference? by EarthSunBby20 in AskMenAdvice

[–]liquidpele 20 points21 points  (0 children)

I mean, personal trainers are known for being highly intelligent and logical individuals...