lujim

20 ms·

151.
by lujim 10y ago
I've never tried it. I'm skeptical that a broker would let you short a leveraged ETF since it's a bad deal for them. There are options out there for these but something tells me the decay is priced in or else it's gett
152.
by lujim 10y ago
qqq would probably be ok. I like the open interest and spreads on spy options. I'm not looking to make a killing on options (or I should say I would love to but don't think I could), just looking to hedge out some systemic risk
153.
by lujim 10y ago
I own a diversified basket of stocks that I believe reflect the best of the S&P. Then I have a much smaller position in spy puts. The basket has a positive beta and increases in value much faster than the puts lose value. The puts ar
154.
by lujim 10y ago
Hmm interesting that's a good point about vix. What strike do you go for? Like 15 on VXX?
155.
by lujim 10y ago
Never used calendar or ratio spreads. I just avoid options in their final month when theta starts really ripping. I will check them out though.
156.
by lujim 10y ago
Careful with selling naked options though. You can have limited profit and unlimited risk in some cases. Selling naked puts on a stock you want to own or selling covered calls are pretty safe. Otherwise maybe spreads to hedge things out.
157.
by lujim 10y ago
OP was probably using Fortune as a "wrapper class" for Zero Hedge to give it some reputability. I like Zero Hedge but old Tyler Durden is a bit of a perma-bear. Although that assumes that Fortune is reputable I guess.
158.
by lujim 10y ago
Negative interest rates and company stock buy backs might be able to allow markets to keep going for a while. Negative rates cause investors and sovereign wealth funds to pour money into equities. The Bank of Japan owns 50% of the ETFs in
159.
by lujim 10y ago
I've got put options on SPY as well as a portfolio hedge. They lose value every day (theta or the premium you pay for time) and if the S&P goes up puts lose value so fast it would make your head spin. In the end for a big liquid e
160.
by lujim 10y ago
To repeat the well worn quote from John Maynard Keynes. "The market can remain irrational longer than you can remain solvent." This is especially true in the post financial crisis world of financial engineering, quantitative eas
161.
by lujim 10y ago
I just cut and pasted those from a Smithsonian article. Docs saw those symptoms in soldiers that hadn't been near shelling which clued them in that it wasn't caused by the concussion from artillery. Anxiety attacks in 1915 were
162.
by lujim 10y ago
Makes sense. Maybe it's a question of severity. In WW1 British doctors thought it was a physical neurological condition caused by the concussion of artillery shells. They noticed that soldiers had trembling “rather like a jelly shak
163.
by lujim 10y ago
How does someone get PTSD these days? It was originally the territory of civilians and soldiers who spent an extended period of time in an active combat area. I'm not saying that other things can't lead to PTSD, but if it become
164.
by lujim 11y ago
This is more of a collection of hurt feelings. I didn't read them all but most of them seemed to result in a bruised ego.
165.
by lujim 11y ago
True. The Constitution doesn't explicitly ban a lot of things.
166.
by lujim 11y ago
Where did I say they were? I called them both "things" I guess.
167.
by lujim 11y ago
Yeah probably. I think healthcare is a bigger barrier there, but yeah if you had time and a small amount of guaranteed money I'm sure more people would give it a shot.
168.
by lujim 11y ago
I've worked in an industry that is notorious for long hours, low pay, high cost of entry, and have even had coworkers get killed on the job. Not 6 hours after my coworker was killed I was asked if I was ok to keep working (my normal
169.
by lujim 11y ago
That's because the normal shell game with the "only for schools" taxes often involve adding 1 cent to school budgets with the new tax and subtracting 1 cent of school funding from some existing source.
170.
by lujim 11y ago
I'm sure we have all had terrible bosses. I have probably had one of the worst bosses you could imagine. Quitting that job was one of the best days of my life. However it still isn't a persons birthright or written anywhere in t
171.
by lujim 11y ago
And borders are just imaginary lines. They are however a based around the underlying reality of geographical, cultural, and political factors. We could make a law that all airplanes must slow down to 50 miles per hour over crowed areas bu
172.
by lujim 11y ago
It's satirical but not funny. It's like Colbert imitating Bill O'Reilly perfectly without a hint of humor.
173.
Without buybacks, there is no earnings-per-share growth(businessinsider.com)
1 points by lujim 11y ago|0 comments
174.
by lujim 11y ago
Are there atheist suicide bombers?
175.
by lujim 11y ago
I didn't sell everything, but I did sell a few things to take some profits and dumped a few losers to help offset those capital gains with some losses on things I really wanted to get out of. I'm going to over 75% cash right now.
176.
by lujim 11y ago
I would respect a "Bad side in ww2" Japanese or German boy who decided to lie about his age to enlist and AFTER seeing the horrors of combat still acted more heroic than most grown men. I think this guy was a complete bad ass.
177.
by lujim 11y ago
I think a heroic act happens at the individual level in the moment. It's when someone has to overcome their survival instinct to do their job in a given moment. Are terrorist heroic? No, they want to die because they think they will
178.
by lujim 11y ago
Einstein was a genius, but he was also a jerk to his first wife and kids. His existence was certainly a big win for humanity I don't think of him as a hero, just a super smart guy that followed his passion. Being a good parent, or em
179.
by lujim 11y ago
Be careful with inverse ETFs especially if they are leveraged to move 2x or 3x in the opposite direction of the underlying index. They try to be inverse for each single trading DAY so if the market moves back and forth you can take geometr
180.
by lujim 11y ago
Safer than the deck of the South Dakota.

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