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  1. J

    SP500 DOWN to 2500 and then to 2200

    And just as many reasons it could be meaningfully higher. This is the beauty - no one knows!
  2. J

    New York’s super-rich migrating south for better value

    Excellent trend, hope it continues. People are rational actors, in aggregate.
  3. J

    Hedge Fund Billionaire Buys Florida Mansion for $111 million, Setting State Record

    It's not like he's going to run out of $ (probably). Why not enjoy some of it?
  4. J

    Hedge Fund Billionaire Buys Florida Mansion for $111 million, Setting State Record

    With a net worth of 1.3B, this is like someone with net worth $1M buying a house for $85K. Seems reasonable.
  5. J

    Peter Turchin And The Coming Crisis Of The 2020s

    Agree, these zero effort garbage posts just clutter up the board. If you're going to post articles at least offer some context or commentary.
  6. J

    Why have you not made it as a trader yet?

    Why do you assume I haven't? :)
  7. J

    Theta decay overnight

    I can't wait til hourly expirations.
  8. J

    Markets to fall on warren win. That's what they keep saying over and over

    LOL. Trump may very well win again. Also, if absolutely -everyone- is -certain- the market will fall under a Warren Presidency I would suggest this could mean it goes up.
  9. J

    What makes a recession? What's the biggest signal indicating the start of one?

    Here's the thing - we can't. There actually will be a recession, at least so long as the economy is comprised of human activity. We just don't know when.
  10. J

    VXX or UVXY during recession

    The option holders REALLY got savaged on this one. I'm still not sure how that was legal.
  11. J

    What makes a recession? What's the biggest signal indicating the start of one?

    A recession usually defined as 2 consecutive quarters of GDP decline. The relationship to stock market performance is not nearly so clear. For one thing, the dreaded "start of the recession" is usually only visible in hindsight. Here's the thing: the WILL be a recession. Next month, next...
  12. J

    How do you stack up?

    I'd be interested in a similar breakdown for net worth, which IMO is the true measure of wealth. Income is relatively meaningless, you could have a 1%er (by income) with nothing in the bank, while someone else with 8 digit NW shows relatively little income.
  13. J

    Canadian Economy outperforming US on almost every relative metric.

    Dirty little secret: global warming will actually be a net positive for Canada over the next century. Massive increase in arable land etc.
  14. J

    'Sahm Rule' enters Fed lexicon as fast, real-time recession flag

    Trump said the data was fake during his campaign. Once elected, he said it was accurate and took credit.
  15. J

    Margin Interest On Out Of The Money Expiring Options

    No. In fact, you're not charged margin interest at all.
  16. J

    SEC accuses three men of $100 mln binary option scam

    Amazing that people keep falling for this kind of stuff although I guess the scammers wouldn't try it if it didn't work.
  17. J

    Out-of-whack Credit Suisse security puzzles volatility traders

    By whom? Retail can short TVIX all day through IB etc.
  18. J

    Been tinkering with the short vol trade on the side

    Sell TVIX every single day. More on up days. Sized appropriately, this will do very well over time. Sized inappropriately or otherwise uncontrolled, you'll blow up.
  19. J

    “Undercover Billionaire” Glenn Stearns Is Not Actually A Billionaire

    Only 500M?! Shameful. Epstein 2.0!
  20. J

    Might Be in Trouble: What happens when a Naked Put Expires?

    Wow lol like others have said there are some missing decimal points somewhere here. What was the actual initial contract price? I am thinking it had to be 5 cents, not 5 dollars unless you sold years ago or something!
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