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Shorting a put (synthetic CC) is short g/v. Mostly gamma. You're swapping gamma for vega as you add time. Vol moves inversely proportional to index price. Within that, pskew increases with call moneyness, but that won't help you as your sens-drops. Yes, you will earn a bit on skew as the mkt...

lol HTF do you lose by 71/29%?

So you want to short vega by buying a ton of vega... these don't work. Mkt moves against you and now you're sitting on a loss in the deferred and rushing to roll lower (call) strikes in the fronts. It's dumb. Really dumb.

You had little credibility before, but you lost what was left when you mentioned Keynes with Laffer and now you're backpedaling. And yeah, Red States are all COVID disasters. Per capita deaths leading the developed world.

Cool story, Bro. Next time post a blotter. https://www.elitetrader.com/et/threads/dests-everything-journal.332136/page-11#post-4859112

Take a guess on the number of new COVID cases in CA on Sep 14, 2021... 8,800: one in 4,500 Californians. And in FL? 24,000: one in 900 Floridians. 5X the case rate in Floriduh.

You mean like before the vaccine rollout? WTF is Floriduh's excuse, Bro? Mississippi? Louisiana? Alabama? Arkansas? Every fucktard Red State?

I addressed that in the first sentence. Obv the rate of taxation is inversely proportional to NIAT, but Reagan and Brownback proved that it balloons the debt and is not pro growth. Debt explodes, pro-growth infrastructure goes to shit, unemployment rises. Dude, now you're arguing demand...

I love how the Right spins Cali as this third world state with a $3T GDP and AHP of $820K.

"The poor could go anywhere... but they choose, California!" How much homelessness is the result of migration to a warm climate? Have any of you BEEN to West Virginia? Mississippi? Arkansas? Even their poor would move to Cali if you gave them train tickets.

Are we talking about Tulane or Booth? ;)

Laffer is a failed RIA, but more to the point, you don't understand the trajectory. The curve suggests that RAISING taxes beyond a certain figure is detrimental to raising further taxes. There is no empirical evidence, nor arguments within the theory, or points on his BS elasticity curve which...

Are you going to start a thread every time you make $18?

Sad when the Liberal knows more about Conservative policies than the Republican. This acknowledging your recent move to center <gag>. Recession of 92. Bush raised taxes and lost. Rapey Clinton balanced the budget. lol to Star Wars. Reagan and that r***** Laffer bankrupted this Country. Who...

Reagan was closeted and an economic disaster. Tripled the debt in two terms without a war.

The dumb people of CA sure do have some valuable RE.

Canadians are prohibited from vol-trading.

Just too good.

Up on AMZN marks.