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You have no real life experience. Go get some. Take some risk.

I don't know, they seem to have a head start in chatgpt. I was first a bit skeptical about the ai chatbot/hype etc, but starting to think this is really a major leap and is a big thing (my job is in ML/AI). Basically in productivity boosting. Every 5 years or so there is a big opportunity (like...

Sell every quarter 1 3m atm put, buy 2 puts 0.95*atm? (It's for black zwaens though)

I finished the interpolation and the results were certainly not perfect: data = spy 1993-2023 orange = synth with atm p/c weekly exp. blue = spy level t-(t-1) * 100 ( normalized) arrow = 2010-05, from then cboe data. So everything before arrow is simulated My eyes first saw a constant...

Indeed a risk, and extrapolating from vix levels calculated from the upcoming 30 days -as destriero says - is also not perfect. I will finish it only for fun purposes. Btw I also looked into the systematic selling of strangles but couldn't find value in it (or yet), in contrary to the fly's...

Thanks for affirming not to take it too seriously. Since it is not that much work I will finish it, probably blending it with the output of some populair pricing models, just to see how it goes. The historic starting point was once stumbling on some articles from a writer on seeking alpha...

A while ago I bought some historic option prices (CBOE) on a few index etfs. With this I build a sort of 'backtest' environment to test specific option strategies under specific curcumstances. The weekly options (reliable data) only start around 2009/2010. I want to expand the dataset, for...

I stil think it's not good for a society where a lot of people have no occupation, and thus high unemployment cannot exist for long. But maybe my imagination is too low. Sometimes smart 'outsourcing' to your customers is cheaper. For example, to replace cashiers, shop some chains (Amazon?)...

So what if the bots are fed with disinformation (just like the supermarket card which get swapped between users), which comprises 98,36% of the webcontent now ?:rolleyes: Was that not the reason to the public announcement, to put less garbage in?

Keep your head up (yes feels like the obvious advice, but do it) I had somewhat the same experience like you. But it's quite bizar how you can turn things around in let's say, 5 years. If you put the effort in. You have drive (judging from your post), you will probably succeed. Do not let...

I agree Let alone government (pay/effort is skewed). Last week I had to explain the concept of expected value to senior! (I kid you not) data scientists. Go figure:rolleyes:

So, do you mean this as a "yes, look at all the money it will attract" or "it looks nice, but it is too good the be true, so a con or eventually funds which strive for this will eventually blow up"? (or both? ;))

r =( new price-old price)/old price (In simple terms) Note that when you short, margin will also reduce, so return on margin changes

Just curious, would volatility reduction strategies - with use of options - be considered as a viable strategy in the industry, or something as retail-bogus?

You sound a bit like this Jordan Peterson guy :) I highly doubt coding will be a skill in the future. Certainly when most people learn it. It's a language, and a language won't give you a lot of extra 'skill'. Especially when everybody learns it, you need scarcity for something to be of high...

Just like when excavators were invented, instead of using shovels, people had to work less. Or when email was invented, paper use declined to zero levels :rolleyes: Ai will probably only make people more productive. Society can’t handle people working less and less hours

Why not? It’s just a rise in average productivity

Pretty good entry for smh, congrats! Where would you take profit from a swingtrading perspective? Smh 246/247 (prior swing high)?

Heard they are organizing a fyre party for the shareholders