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    So I got this email from a "wealth advisory firm"...

    I love it! Make fun of Indian accents and then misspell “letter” in the next sentence!
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    Are markets zero sum game?

    Just the existence of a public stock market has created real value. When investors in Sig’s company have an option to realize their investment, they are more willing to make the initial investment in the first place. Deep liquid markets make financing easier which allows for more productivity.
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    Options math 101 - Net returns from an unexercised put

    i would use the strike price as my denominator. don’t use margin and worse, don’t use premium received/paid. Both are forms of extreme leverage and obfuscate real return to risk or capital. for example, you sell an atm put. Is your return 20percent whereas if you owned stock your return would...
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    Are markets zero sum game?

    companies earn money so wealth is created. That comes in the form of dividends and higher stock prices. The stock market is just an attempt at figuring out the present value of that wealth creation. And a lot of the activity around that is zero sum.
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    Are markets zero sum game?

    No. Wealth is net created overtime.
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    Options math 101 - Net returns from an unexercised put

    The Equity locked away is 45k. However as that number changes and goes up as you lose money on the position it’s disingenuous to use it for your return calculation. I personally use the stock price in the case Of a naked put. The return is lower but it gives you a more honest picture of your...
  7. N

    Re-opening Schools in the era of COVID

    One the risk of my (healthy person in early 40s) dying from Covid is much higher than the flu conditioned on my being infected in the first place. Two the risk of having longer term complications from Covid are higher than the flu conditioned on my being infected. Three, the likelihood of my...
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    Important video

    if you want to convince traders that you can provide psychological services to make them better traders, you may not want to post bat shit crazy things.
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    Trump's brownshirts/juntas now disappearing people.

    does that make them “fine people?”
  10. N

    New York Democrats Want To Tax Stock Trades As State Revenues Plummet

    If only AOC and Hillary had jointly proposed it.
  11. N

    "CoVID-19" is over.

    As gwb said, those people can earn millions in a lawsuit. And there will be many lawyers who will be happy to take their case. I think masks have slowed the virus spread from what it could have been.
  12. N

    "CoVID-19" is over.

    It’s what people are doing in their backyards and in restaurants.
  13. N

    25 million to lose $600 enhanced unemployment...So they say....

    I think 90percent of the stimulus package created this behavior.
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    TSLA options

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    Requesting new option strike prices is now much harder.

    Under what practical reason did you need new strikes or expirations?
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    3 weeks of straight mask wearing equals elimination of virus?

    except the intent of those laws aren’t actually about IDing people for security purposes The intent is entirely about preventing others from practicing their religious freedom.
  17. N

    3 weeks of straight mask wearing equals elimination of virus?

    I would bet that a lot of the people who are complaining about the mask laws under the argument of freedom are in favor of the anti-hajib and anti-burqua laws.
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    Why the US has so much trouble with COVID-19

    strong words from someone who buys and sells the sun!
  19. N

    What percentage of your net worth do you trade?

    What % of your total net worth is your 99% VAR might be more appropriate.
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