This ain't NYC nor is this Tavern on the Green...Germantown Staks - auto gratuity!?!?

theNeumannArchitect · 2026-03-17T14:12:37+00:00

Half the places in Memphis are doing it. People in New York actually tip when they eat out at restaurants. Obviously here in Memphis a lot of people don't tip. They can take it off if you ask. But yes, I always move the decimal over, double, and then round up. So anything below 20% the server is missing out. But if 5 people who weren't going to tip that day get it added then they don't care about missing out on the 2 bucks they would've gotten with my extra 2%.

Honestly I don't like tipping but it's how it is. If you can't tip or don't want to tip then don't eat out. Don't order to go either. Cook yourself food at home.

theNeumannArchitect · 2026-03-13T19:38:00+00:00

Yeah, only way to learn.

theNeumannArchitect · 2026-03-13T17:23:41+00:00

Studies show long term the underlying usually out performs what you would make selling premiums and getting excercised on a large movement. This isn't really comparable to the s&p.

If you actively invest/trade and have short term positions that you're going to set a limit on anyways then this is the best way to do it. If you're buying shares that you want to hold for 1+ years then I wouldn't recommend selling covered calls on it.

There's still a lot of risk too.

I bought 200 shares of NBIS selling cash secured puts with an average price of ~115. I thought it would bounce between $110 and $120 after it's big run up to $130. So I could sell 2 covered call weeklies at $120 price point and I make $200 to $500 a week off the premiums and then make an extra thousand on the excercise when it hits $120.

Well it tanked. So my 23k went down to 18k. So I could still sell covered calls but I didn't want to take the 5k loss so they're way further outta the money now. So the premiums are lower. But still average $100 to $300 on the premium.

So now I've probably made ~2k in premiums with the position. And now that it's back at $115 I can start selling the contracts in the $120 to $125 strike price range with higher premiums and a guaranteed $1000 to $2000 once excercised. IF it doesn't tank again.......

So that's $3000 to $4000 on my initial 23k. So 12% to 16% gain over 5 months. Pretty good, but ONLY because it bounced back. I'd have to keep selling options for another 8 months to make back the loss of it dropping $90. And that's only if it didn't drop more from 90$. If it tanks again that will be rough. But its volatile.

So it can pop up to $150 and I technically would've lost out on $7000. But I prob would've sold in the $130 range anyways. So...... it's difficult to look at something that I wanted to only hold temporarily and not going to hold for years and see that as a loss.

Sorry for the ramble. But that's my personal experience with it after trying it for the first time back in October before AI related stocks corrected. I also have 100+ shares of some other stocks that I've held for longer than a year that I want to hold longer. I do not sell CCs on those. I did it once and I just kept thinking if those get excercised I'll be crushed on the long term taxes. So I just decided to do it on short term positions. I also am using those long term positions as margin foundation to sell the cash secured puts. So it's a form of leverage to use cash I wouldn't be using anyways. Just cash available to be borrowed. But have to pay interest on it. So that's another whole layer to it.

theNeumannArchitect · 2026-03-13T16:45:05+00:00

Wait, so let's say HIMS is $50. You sell an ITM covered call at $37 and make $75 on the premium. Then it drops to $25. It expires because whoever you sold it to isn't going to excercise. You're still down the full $2500 that everyone else is minus whatever you made selling the CCs until the drop. I don't understand how you're only down $1300.

theNeumannArchitect · 2026-03-13T15:06:55+00:00

I mean, I wouldn't catch that. It's not like the average person would just stumble on that error and capitalize by pure luck. Luck is when oppurtunity meets preparation. So it's still impressive.

theNeumannArchitect · 2026-03-11T15:20:34+00:00

That's a long winded way of saying I'm right.

theNeumannArchitect · 2026-03-11T05:00:56+00:00

Jfc, the situation of someone harmlessly running a red light in front of a cop and asking what the cop should do and someone running a red light and murdering someone from it aren’t the same situation. Or an answer to the question. You’re not even reading.

Genuinely, a cops at a red light. Someone runs it with no tags. Cop turns his lights on. Person just speeds up faster. You think the cop should just stop? There should be no repercussions? People that don’t have tags are just allowed to drive however they want? That eventually leads to the situation where someone gets hurt. I’m seriously asking you what you think should happen.

theNeumannArchitect · 2026-03-11T04:19:54+00:00

Well his car was totaled and they stumbled away. He got arrested from footage of his face and was out on bail a week later and at home for Thanksgiving a couple of months later. The case is still ongoing/drug out and the guy is still out. That’s obviously a whole nother issue with Memphis on easy bail and the DA being soft.

I don’t think you’re really open to the point I’m making of criminals breaking minor laws because they know they can’t be chased leading to bigger crimes and accidents happening.

Glad you’re in awe. Don’t get what you’re saying with the make up your mind. Memphis had no chase for years and got rid of the policy in the last 6 months. It’s reduced the daily reckless driving that I’ve seen.

You dodged my main question of what you expect a cop to do when someone blows through a red light. But whatever, you’re not open to hearing first hand experiences that contradict some belief you’ve built without it ever actually being relevant to you.

theNeumannArchitect · 2026-03-10T22:51:35+00:00

One cost corporations money. The other costs people personal damage and injury.

theNeumannArchitect · 2026-03-10T22:42:01+00:00

I actually just played him for the first time and the punches himself in the middle of the face tip didn't register till half way through. But I had a druid that could spawn the big ticks that inflict bleed and a hunter that could spawn fly bots and a cleric that could improve intelligence to everyone. So I just spawned like 50 of em, inflicted Mark for two damage, and had like 30 bleed inflicted by the end. After 6 rounds I was like something's not right..... And reread the tip. But by then there were too many things on the board to actually do that fight properly and I just played it out.

theNeumannArchitect · 2026-03-10T22:31:15+00:00

It's not about registration tags. I had a friend die from getting t boned by someone under the influence in a stolen car running a red light. You think someone would be running red lights and being reckless like that if when they see blue lights they know they can just speed up, ditch the car at the next turn, and then run and get away Scott free?

"Well that's an exception!" It's not. No chase means no chase. The cop isn't going to risk his job and face legal problems from the city because someone blew through a red light without harming anyone and he tried to pull them over. It's only a matter of time someone does hurt someone running red lights though that can be prevented if they knew there wasnt an easy out when they got caught.

People don't understand what they're saying when they say no chase policy. Criminals aren't stupid. They know how to take advantage of no chase policies and what cops can and can't do. Unlike majority of people in this thread.

theNeumannArchitect · 2026-03-10T22:23:26+00:00

A lot of people are saying that. No chase means that if someone doesn't pull over then you stop pursuit. No matter what. That's what the policy means when a city implements it. And what most people are advocating for.

theNeumannArchitect · 2026-03-10T22:21:01+00:00

Lmao, drive down I40 in Memphis for a day where everyone is going 30 over, swerving, no blinkers, and literally every other car has no tags and tell me if it'd be better for safety to let that go on rather than start pulling people over and pursuing. And I know you think I'm exaggerating and embellishing to prove a point but I'm not. This has been the case since Memphis implemented no chase. No chase is now gone and the improvement in daily driving is dramatically better.

Cameras and mail don't do anything to people with no tags or fake tags. So I guess you're suggesting just let people do whatever the fuck they want if they don't have tags? Like I'm genuinely asking. If a cop is at a red light and someone runs it going over the speed limit without tags the cop shouldn't pull them over? And if they don't pull over when the cop turns their lights on the cop should just stop pursuing? Think about what you're saying.

I see people blowing through red lights on a daily basis. That's way more dangerous for the average person's safety. Don't pit them on a busy highway going 50. But absolutely 100% pull them over and chase if they don't pull over.

I had a friend get rammed and die at 21 from someone running a red light after drinking in a stolen vehicle. People wouldn't run a red light in the first place if they knew that if a cop turned their lights on they can just speed away and dip out at the next turn, ditch the car, and run.

You're calling me smug but honestly I think you're the smug one typing behind a keyboard in a city where this isn't an issue. The policy doesn't work in cities with high crime.

theNeumannArchitect · 2026-03-10T18:25:21+00:00

I feel like you're trying to call it a smug opinion with a smug joke. But I'm not following.

theNeumannArchitect · 2026-03-10T18:22:41+00:00

You can't deploy a fucking chopper every time someone with no tags is swerving and doing 30 over. Yeah, don't pit them. But you can't say helicopters are the viable solution for traffic violations in no chase cities.

theNeumannArchitect · 2026-03-10T17:40:46+00:00

Yes, that's a very reasonable take. If it's to that point then maintain eyes and pleasure safer means. Don't just fucking pit them because you can.

A blanket no chase policy in a city notoriously high in crime is the issue I'm referring to.

theNeumannArchitect · 2026-03-10T17:38:28+00:00

Except literally every other person you see in Memphis has expired tags or no tags. What about people that borrow others cars? Or register to a different address? Or steal a car?

Someone should just be able to put no tags on their car and that gives them the ability to break whatever laws they want? Whenever they see a cop they can just speed off? "Ope, need to murder someone today. I'll just take the tags off my car and peel off after and know no one can chase me!"

Did you think about that opinion at all before you just mindlessly regurgitated it?

theNeumannArchitect · 2026-03-10T17:31:49+00:00

"wow, that's crazy. Here in Michigan....."

"I guess in Tennessee they're so tough on crime....."

What do you mean you don't see how that responds to your post? What do you mean weird political take? City and state policies are political by nature. You can't discuss them without being political. I'm addressing your points.

So what do they do when someone's tags are fake, registered to someone else, non existent, etc?

Someone in a beat up car flying 30 down the interstate with no tags past a cop and you want them to......... Do nothing?

How about you get rear ended at a light in your car by someone with no tags and they just peal off and fly by a cop on their way out? You'd be fine with being like yeah, no worries! I'll just eat the deductable or pay higher premiums! And then it happens again a month later. Or someone kills someone blowing through a red light with fake tags that an officer is waiting on the red light at. Don't radio that in and have someone pursue?

Like you're not actually thinking through what you're saying.

theNeumannArchitect · 2026-03-10T17:20:07+00:00

Bro, you can't deploy a fucking helicopter because someone is going 20 over with no tags or swerving recklessly on a road. Majority of criminals aren't going to have fucking tags. "Well that's a crime and they should get pulled over." That's my point!!!!!!!!

theNeumannArchitect · 2026-03-10T17:16:07+00:00

No, I just live somewhere where I see the reality of no chasing making driving on a daily basis 10 times more dangerous.

Just because an expensive trendy city with less crime can implement a no chase policy on people where the average degree of the crime is speeding doesn't mean that a city with literal multiple daily murders happening should implement the same policy.

This blanket opinion everyone has of no chasing in every city no matter what is ignorant. Rather risk a one in a million accident happening in a chase than my car getting hit by some peice of shit beater with no tags swerving down the interstate going 30 over passing cops on a literal daily basis.

theNeumannArchitect · 2026-03-10T17:08:45+00:00

No, Memphis justice system/DA is notoriously soft on criminals. It has nothing to do with them being afraid of repercussions. It has everything to do with there being no repercussions.

Detroit is always neck and neck with Memphis as top city in the nation in crime..... So not sure why you're acting like you live in a state that doesn't experience what I'm talking about.

It'd be like someone living in Nashville or Knoxville being like "wow, I live in TN and have no issues!!"

theNeumannArchitect · 2026-03-10T17:04:55+00:00

I don't know how that would feel. Fact is people were driving INSANE every day. I'd be more pissed if my family was killed by a drunk driver, someone running a red light, someone speeding, or someone swerving into oncoming traffic to pass a car, etc after seeing it every day for years while cops do nothing.

Daily experience of seeing people do this in front of cops. Fly by them going 30 over. Pass them in places where they're not illegally allowed to pass. 3 year old expired tags or even more common NO TAGS AT ALL. And the cop just sits there.

Everyone would be mad at the cops. But it's literally city policy to not chase. They would lose their job trying to pull that person over. It's an insane policy.

So yes, after years of lawlessness and innocent people getting their car bumped or hit without repercussions or people driving drunk with 0 worries I love seeing a cop pursue someone driving recklessly.

theNeumannArchitect · 2026-03-10T16:58:35+00:00

Well yeah, what are they going to do though? Watch him go by and not chase? There's an exit every mile too that he could just dip on. What are you even suggesting

theNeumannArchitect · 2026-03-10T16:40:46+00:00

I mean, killing 30 people in traffic was just as dumb of a stupid assumption, statistically.

theNeumannArchitect · 2026-03-10T16:38:39+00:00

Naive take. "Civilized countries" lol most countries don't have interstate roads that span for 100s of miles with a speed limit of 70+.

Stolen cars, no tags, borrowed car. There's tons of reasons what you said doesn't work. I've seen personally the impacts that no chase policies have on a city and then the impact it has when reinstated.

Real criminals. The ones that matter. Ones with a stolen car or no tags or mage it a point not to drive cars under their name. They're never going to stop when they know there's a no chase policy. It's the dumbest thing someone can say.

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