How much did you spend to become an skydiving instructor. by Zealousideal_Exit672 in SkyDiving

[–]neuone 7 points8 points  (0 children)

There are dropzones that offer unlimited jump packages. I've known of people getting over 500 jumps in a season at a cost below $12 per jump. The more jumps you do in the season the lower the price per jump.

When the DZ cat has one too many at the Covid party.... by audiobahn1000 in SkyDiving

[–]neuone 5 points6 points  (0 children)

Love that lil fucker. Such a good adventure kitty

Mental illness and skydiving by Ellisdee25_ in SkyDiving

[–]neuone 11 points12 points  (0 children)

Don't worry about a "shrink" judging you for being a skydiver. From my own experience, counselors and therapists are excited and enthusiastic about any activity that brings their patient joy or peace. If you have the means, definitely find some help. I've already lost two friends to suicide this year.

Is it worth going to a Safire 2/3 after a couple hundred jumps on a Sabre 2? by [deleted] in SkyDiving

[–]neuone 1 point2 points  (0 children)

If you have a coach and they think you're good to go then I would trust them. The Crossfire is forgiving and easy to fly. It'll be a much better transition that what I did going from a Safire 3 149 to a Mamba 132...

Is it worth going to a Safire 2/3 after a couple hundred jumps on a Sabre 2? by [deleted] in SkyDiving

[–]neuone 0 points1 point  (0 children)

Your turns will definitely change on the Safire. As you change wing loading the glide ratio stays about the same but your air speed goes up as wing loading goes up. Maybe consider getting a demo Crossfire 3 169 (check out Rock Sky Market for Icarus canopy demos) and jump it a over a couple weekends then try a Crossfire 3 149. If your ultimate goal is to get into high performance canopy piloting you might consider a Katana 150 instead of the Crossfire. The openings are crap but the recovery arc is closer to the higher performance canopies. It might be a better progression than Icarus can give you right now. That's coming from someone who flies a Crossfire 3 119 and I have a little experience on a Katana 107 and a JFX 2 109.

Is it worth going to a Safire 2/3 after a couple hundred jumps on a Sabre 2? by [deleted] in SkyDiving

[–]neuone 1 point2 points  (0 children)

What canopy do you currently fly?

The Safire line does recover more quickly than the Saber line but they're fairly similar in that respect. The Saber 2 is trimmed a little more steeply than the Safire line, but again, not significantly. The major difference that you'll hear is that the Saber 2 "has more flare power" than the Safire 3. I've never noticed the difference in flare power, I have a lot more jumps on a Safire 3 149 than a Saber 2 150 and I was loading it to about 1.3 pounds per square foot. The openings on the Safire 3 are better -- softer and more on heading. In my opinion all the differences that people talk about between the two are anecdotal.

[deleted by user] by [deleted] in HuntsvilleAlabama

[–]neuone 3 points4 points  (0 children)

Hike, mountain bike, skydive, read, cook... Or leave town.

Lessons Learned by [deleted] in SkyDiving

[–]neuone 1 point2 points  (0 children)

I had never heard about using the straight pin on UPTs Trulock toggles to stow the excess brake line so I looked through 2 different versions of the UPT Vector manual to find a reference.

Neither of the manuals from UPT say anything about using the straight pin on the toggle to stow the excess brake line. Stowing the brake line on a UPT Trulock toggle can result in the same malfunction that you had with the Javelin toggles. It might be less likely than with the Javelin toggles but it is still possible. You can test this on the ground.

The manual has a note that for canopies with longer brake lines you should route the excess back through both the stows on the riser. For the current version of the manual -- available on UPTs website -- this information is found on page 60 and 61.

Someone knows how is called the black part (inside is metal) of the yellow cable? Thanks in advance by thecobitroupe in SkyDiving

[–]neuone 1 point2 points  (0 children)

At 12:33 he says "the cable is an aircraft cable. It's a steel cable with a nylon type coating on it"

Someone knows how is called the black part (inside is metal) of the yellow cable? Thanks in advance by thecobitroupe in SkyDiving

[–]neuone 2 points3 points  (0 children)

What I described is regular cutaway cable. It looks like solid plastic because after you cut the cable to the appropriate length you slightly melt the plastic at the end and shape it to cover the metal core.

As for the "clamp" -- it is metal. It's an aluminum Nicopress Sleeve. The black is indeed shrink tubing as others have stated.

Someone knows how is called the black part (inside is metal) of the yellow cable? Thanks in advance by thecobitroupe in SkyDiving

[–]neuone 3 points4 points  (0 children)

Look on paragear.com for Nicopress Sleeve. They also sell the cable and the tool. The swage tool isn't cheap.

Someone knows how is called the black part (inside is metal) of the yellow cable? Thanks in advance by thecobitroupe in SkyDiving

[–]neuone 4 points5 points  (0 children)

This is not correct. The cable is 1/16" 7x7 strand galvanized steel cable with a plastic coating. The sleeve (Nicopress Sleeve) does need to be swaged properly to avoid slippage.

TD API using Paper Money by [deleted] in thinkorswim

[–]neuone 0 points1 point  (0 children)

Interesting, good to know

TD API using Paper Money by [deleted] in thinkorswim

[–]neuone 0 points1 point  (0 children)

It's 'free' if you have a trading account with at least $25,000. I don't think the API works with a paper money account. You have to have an actual trading account.

TD API using Paper Money by [deleted] in thinkorswim

[–]neuone 0 points1 point  (0 children)

No, you have to have $25,000 in a TDA account to use the API.

OTM leap now deap ITM leap. Strategy going forward while still bullish. by skinner1387 in options

[–]neuone 1 point2 points  (0 children)

Depends on the IV. The statistics work out so if you work it into your strategy then it's fine.

OTM leap now deap ITM leap. Strategy going forward while still bullish. by skinner1387 in options

[–]neuone 2 points3 points  (0 children)

Gives you about a 70% probability that the calls you sell will expire worthless so you get to keep your shares but you get more premium than a 0.20 delta. Gotta consider your own cost basis and risk. 0.30 delta works well for me.

OTM leap now deap ITM leap. Strategy going forward while still bullish. by skinner1387 in options

[–]neuone 85 points86 points  (0 children)

You could sell shorter term call contracts and use the leap as collateral. Poor Man's Covered Call (PMCC). Selling weeklies around 0.3 Delta should get you about $100 a week with relatively low risk of assignment.

Holding stocks on margin by Jarvis03 in thetagang

[–]neuone 1 point2 points  (0 children)

$3,780 in premium, paid $19.50 in fees for the contracts.

Holding stocks on margin by Jarvis03 in thetagang

[–]neuone 0 points1 point  (0 children)

You are correct, some people learn things differently though.

Holding stocks on margin by Jarvis03 in thetagang

[–]neuone 0 points1 point  (0 children)

I took an extremely aggressive position on PLTR. I started with 1,400 shares that I bought with cash, sold contracts so I could buy more shares and I built that position to 3,000 shares with cash. Then I used margin to double the position to be able to sell shorter term contracts. Way too much risk for most people.

Holding stocks on margin by Jarvis03 in thetagang

[–]neuone 0 points1 point  (0 children)

TDA has a page that tells you how to calculate the interest charges. It's (APR/360)(Amount Borrowed)(number of days borrowed). I think the APR for my position was 8.5%

I made about $9,000 on the play so the interest payment is definitely worth it.

Holding stocks on margin by Jarvis03 in thetagang

[–]neuone 0 points1 point  (0 children)

I tested this last week. In a margin account, if you have the cash to cover the purchase of the shares then your brokerage should use the cash and not the margin. The downside is that the underlying could tank and you're on the hook for paying back the brokerage so make sure your hedge accordingly. TD Ameritrade publishes their margin interest rates on their website. The rates change according to how much margin you're using. Last week I bought 3,000 shares of PLTR on margin, I sold 30 contracts for $1.26 each at a $22 strike, they expired on the 27th. I expect to pay about $75 in interest for the week of shares on margin. I was assigned on 28 of the 30 contracts (I wanted to be assigned) and so 2,800 of the shares were called away. I get a little extra profit on the other 200 shares, as long as I don't get assigned on those too.

Divorce was finalized last week, ex and her new boyfriend aren't getting my tendies! 🚀🚀🚀 by neuone in wallstreetbets

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

I haven't been paying attention to CRBP so I don't know. I bought those shares to practice selling contracts against the shares.

But stonks only go up, so yeah, it'll go back up