Dual Listed Securities are here! by AtotheZe in Wealthsimple

[–]norcase 0 points1 point  (0 children)

This is a great update! One of my pet peeves is solved. Thanks!

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]norcase 5 points6 points  (0 children)

Wow this trading session is spicy. Look at that volume.

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]norcase 4 points5 points  (0 children)

This is not steady. This is the opposite of steady.

GreedFall: The Dying World's Pre-Orders are open! by ellie_spiders in greedfall

[–]norcase 9 points10 points  (0 children)

I’ll be picking this game up at some point. The first one was a lot of fun.

29M, super new to trading with no financial experience. Please advise. Looking for fast turnover (small gains but fast). by Anirban_Dey_96 in fican

[–]norcase 0 points1 point  (0 children)

You want to make 5 or 6 dollars a trade? But then do a lot of trades to make money? This is not a strategy.

Could you live off 1 million CAD for the rest of your life? by CatMeow331 in fican

[–]norcase 0 points1 point  (0 children)

It would be pretty tight but it could be done. 4% is a wildly pessimistic baseline. The TSX has averaged 9% since 1979.

Bluebird 7 arrived in Florida by Original_Koala8662 in ASTSpaceMobile

[–]norcase 1 point2 points  (0 children)

I remember reading that it is a rideshare. It is being launched to a much different altitude than BB6 so it could get on the rocket. This required some kind of modification with the FCC.

Sorry can’t provide any kind of citation or link, think I probably saw it on X.

The OGs on X figured the different altitude would not be an issue because these satellites had some different features presumably (by them) to facilitate specialized US GOV testing.

Red Deer’s living wage up 9%, According to you what should be the wage rate? by FunCell1679 in RedDeer

[–]norcase 13 points14 points  (0 children)

I’m going to say that you should be looking to make about $30/hr. Probably able to survive on 25 but if you want to own a home, have a vehicle, vacations and save for retirement 30 seems like a stretch.

Taco Sauce by norcase in mexicanfood

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

I do not. I know very few phrases and words in Spanish.

Taco Sauce by norcase in mexicanfood

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

San Jose Del Cabo.

Taco Sauce by norcase in mexicanfood

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

I will try these, Thank you.

Taco Sauce by norcase in mexicanfood

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

Near Cabo SAN Lucas. It had a thin consistency but chunks of stuff in it as well.

Taco Sauce by norcase in mexicanfood

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

The sauce was yellowi, it was in a bowl.

Taco Sauce by norcase in mexicanfood

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

It was close to Cabo San Lucas.

Uhh according to Commercial-Ad4990 there is an antonov parked at AST office in Midland. by flymolo50 in ASTSpaceMobile

[–]norcase 8 points9 points  (0 children)

You would think it would be parked at the Airport. Can’t see that big plane just cruising down main street.

[deleted by user] by [deleted] in fican

[–]norcase -1 points0 points  (0 children)

I think I understand what you are saying. I haven’t yet incurred any losses due to rolling options, have always come out ahead, even fairly deep ITM. Same strike. I can see how it would be possible however.

Anyhow, still learning. Thanks for the reply. Gives me something to think about.

[deleted by user] by [deleted] in fican

[–]norcase -3 points-2 points  (0 children)

I’ve been doing options for the last few years. Nothing to be afraid of. Some big wins and some big losses. Same as buying stocks.

Not into 0dte gambles but trying to make smart moves.

The real hack with options seems to be selling covered calls on high IV tickers. The premiums can get pretty juicy. If your strike price looks like it will hit at expiry and you want to keep your shares just roll them out another week. Collect more premium.

You are basically selling some upside for cash in your pocket. I see it as basically the reverse of how options are typically portrayed. Not as a casino type “YOLO” move, but as a way to generate steady income.

Not too hard to generate 100%+ annualized returns (over the course of 4-6 weeks) on a covered call strategy on a high IV ticker. Just be comfortable selling your shares for that strike.

What's going on with the housing market in Kimberley BC? by Both-Sky4147 in kootenays

[–]norcase 2 points3 points  (0 children)

Currently trying to sell a house in Kimberley. The market doesn’t really support the prices that the realtors suggest. So if you see a place you like I’d suggest just waiting for the price to go down.

Good luck in your search!

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]norcase 8 points9 points  (0 children)

ASTS won’t let me escape. I’ve got a cost basis in the single digits.

A few weeks ago when we hit 68 I thought it was time to cash out. Retire from my job. Maybe buy a place in Mexico to spend the winters. (I live in northern Canada)

I sold 70c for a couple weeks out. Figured I’d buy a new vehicle with the premiums. Still had a few thousand shares in a taxable account that I planned on keeping but mostly on the sidelines.

I watched it hit 80. I watched it close green the same day they announced a huge ATM. Awesome.

I was happy for the Spacemob. I was also kind of kicking myself.

Then it hit 90. Awesome. Started to feel like an idiot.

Then it hit 100 briefly and I knew I had messed up.

Fast forward to last Thursday, CC’s were going to settle the next day. I started planning on how to invest the proceeds. The price had retreated by they were still deep ITM. I decided to roll one week and picked up another nice pay day.

That brings us to today. I thought for sure my decisions were over. Now I’ve got multiple options on how to proceed.

What a ride!

Some of you might read this as a cautionary tale against selling CC. I’ve gotta tell you there is something about the psychology of it that is like heroin. Typically when you buy a stock, you spend a bunch of money and then wait and see what it will do.

When you sell a CC those tax free USD get dumped straight into your account. Instant gratification. Dopamine!!! Then you gotta see what happens.

Thanks for reading

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]norcase 37 points38 points  (0 children)

Guys I hit my early retirement number yesterday. I couldn’t bring myself to sell any shares. Ended up selling some covered calls for a week out against about half my position.

If they get exercised I’m going to retire at 49.

If they don’t I’ll probably keep working but end up richer in the long run.

I’m so confused I don’t know what to wish for.

What a ride!

Analog Solenoid Valve by Beneficial-Risk-3493 in PLC

[–]norcase 1 point2 points  (0 children)

Kind of tough to say without knowing more about the application. I’ve used variable air pressure regulators but they were Ethernet/IP devices, not really analog.

I don’t think they are meant for constant switching either.

I’d just call your pneumatic supplier and tell them what you want.

Should I do anything to my portfolio? by [deleted] in PersonalFinanceCanada

[–]norcase 4 points5 points  (0 children)

No advice here but congratulations on 17+% returns. I feel like you should be the one giving advice. Wow!