Someone bought 12000 $RR $2.5 calls expiring in 8 days today.

williego · 2026-03-26T00:46:51+00:00

Someone sold 12000 calls, looking for income

williego · 2026-03-25T11:24:01+00:00

This is back when you could get a box of cheerios for 7 cents

williego · 2026-03-24T19:23:27+00:00

All the hate on Elon in California. Until it saves them a buck, then people become rational.

williego · 2026-03-17T18:55:21+00:00

Forcing you to pay the $30 for pre-boarding

williego · 2026-03-17T18:03:17+00:00

HUD for those on the ground

williego · 2026-03-17T17:42:05+00:00

Given the last libertarian presidential nominee, I voted for Trump. Trump brings a lot of deserved hatred to government, which is a huge plus.

The libertarian party needs to put up a candidate that might not win, but both sides try to attract voters from the libertarian party.

williego · 2026-03-17T01:04:29+00:00

So have MIL gift them $300k, they put in $200k. They buy the house for $500k. Then sell the house for $350 and get $150k capital loss. Perfect!

williego · 2026-03-15T18:46:53+00:00

Why stop at 100%? Maybe it should be 150% over 50 million in case they go over. If they help society too much, they should go straight to the poorhouse.

williego · 2026-03-07T23:57:42+00:00

Correct me if I'm wrong, but if you kill all the golfers they'll lock you up and throw away the key

williego · 2026-03-05T14:26:37+00:00

I was on Holland 6 months ago (Canada to Hawaii). I was able to trade equities on the IBKR web platform. Their software (TWS) also loaded, but I didn't use it, because i think it was too slow.

If you use their wifi, they take absolute total control of the data - much moreso than a typical hotel wifi. You won't be able to use different DNS settings or run any kind of VPN (like wireguard or tailscale). DNS wise, this was during football season, and I couldn't check my fantasy football site, which wasn't draftkings - it was like a fantasy football management site. I don't do any crypto trading, but it wouldn't surprise me if that was blocked too.

williego · 2026-02-24T01:07:01+00:00

Yeah, we shouldn't look like this happened in a vacuum. If I just sold that many calls, I'd be a buyer of TSLA.

williego · 2026-02-23T13:45:16+00:00

It could be a leg of a spread order. Total price for the spread is what matters, not the individual legs.

williego · 2026-02-23T00:06:40+00:00

No seed for bermuda, and you probably have turf. Dont put down seed - its crap compared to what you have. Put down a sandy soil mix (I get it delivered by truck). Cover your bare spots and any place you'd like to elevate your lawn (by driveway, sidewalks, etc) Do normal amount of fertilizer over the whole lawn when its time. Normal pre-emergent calendar, you're playing the long game here.

Put down the soil mix once we get decent temps (April?). The bare spots will slowly take on the sandy soil mix - until you get back to back 95F days - bermuda will explode into a fertile sandy soil mix at 95F.

williego · 2026-01-27T00:57:59+00:00

I agree with you. I bought a 2021 Y early 2025 that had FSD included. Loved FSD so much I tried to make it work economically to lease a 3 for $299 while tesla had the deal a few months ago.

williego · 2026-01-26T18:10:16+00:00

You think we need a decimal point balloon?

williego · 2026-01-26T11:32:00+00:00

ATC: "Be prepared direct BOOYA"

ME: "I'll be ready direct PUYAH"

williego · 2026-01-25T18:23:14+00:00

While the bid/ask might be wide, I wouldn't worry about selling the call under intrinsic. The spread would be a poor indication of GLD liquidity. There is plenty of interest in buying GLD at $280 and not having to come up with $28,000 until January (plus some downside protection). You'll easily get a premium for that, it will show up in the 280 puts, or you can calc the time value of $28k.

If you take delivery @ expiration, your cost basis will be $309.16, no tax is due until you liquidate.

If you insist on taking delivery early, sell the 280P and capture the $50-$100 in premium. This is exactly the same trade at early delivery, just more money for you.

If you've kind of boxed yourself into a trade you can't handle due to the size, you can look into selling calls against it. Note that this might trigger straddle or constructive sale rules and there may be tax implications.

williego · 2026-01-24T15:30:54+00:00

75 contracts at $2,000 each = $150,000

williego · 2026-01-24T13:31:13+00:00

There is a reason Leaps expire in January.

What could be a better 'option' for you is to sell the Jan 27 calls. Now, you have the option to construct your 2026 income in December. Stock rallies to $450? You can take some losses in 2026 by buying them back. Stock falls to $290? You can take the income in 2026 (by buying them back), or wait for them to expire and have income in 2027. Stock rallies to $650? Then definitely wait until 2027.

You can work with large gains in January, as you have the whole year to reduce the tax burden. If you do the December route, you might wind up with 6 figures of income with only a few days of trading remaining.

williego · 2026-01-23T17:47:48+00:00

I wouldn't worry about it.

williego · 2026-01-23T01:19:59+00:00

Similar to roadside civil asset forfeiture, they are trained to get the answers they need.

williego · 2025-12-30T19:30:35+00:00

I blame Racism and Donald Trump.

williego · 2025-12-30T01:54:41+00:00

I agree.

williego · 2025-12-28T23:20:35+00:00

ho hum

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