Lurker > 1337toothbrush
LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear
| Board List | |
|---|---|
| Topic | Tucker Carlson laughs at cops giving testimony on 1/6. |
| 1337toothbrush 07/28/21 9:20:13 AM #9 | So we should defund the police, right? --- |
| Topic | Adult jokes in cartoons always amuse me. (TMNT) |
| 1337toothbrush 07/28/21 6:55:41 AM #53 | They're corrupting our kids!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! --- |
| Topic | CDC warns COVID-19 may be a few mutations away from evading vaccines |
| 1337toothbrush 07/27/21 10:56:33 PM #43 | ZEROWOLF posted... I'm vaccinated and encourage it but how was it that the Spanish Flu just went away with no vaccine? Did the world just get lucky that time?A lot more of the population died relative to the world population. Also, there was less travel. --- |
| Topic | ITT: Learning Python |
| 1337toothbrush 07/27/21 9:58:22 PM #113 | Definitions? Definitions of what? --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 4:31:09 PM #349 | Ah, the dichotomy of the fuck-it-seller and the fuck-it-holder. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:51:36 PM #336 | A call contract is in-the-money if the strike (price you agree to sell the stock at) is below the current price of the stock. Being out-the-money is the opposite, meaning that the strike is above the current price of the stock. The current price of SLV at the time of this post is $22.91. So 6% OTM should be $22.91 * 1.06 = $24.2846 so actually the call to sell would be at a strike of $24 or $24.5 --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:38:35 PM #328 | CableZL posted... And I'm going to go ahead and guess that the research required to write those covered calls once a month also takes quite a bit of time.There's no need to guess, simply read what Credit Suisse writes about their fund: https://notes.credit-suisse.com/Show/Details/SLVO "The Index seeks to implement a "covered call" investment strategy by maintaining a notional long position in shares of the iShares Silver Trust ETF (Ticker: SLV) (the "SLV shares") while notionally selling call options on that position on a monthly basis that are approximately 6% out-of-the-money. The notional net premiums (if any) received for selling the calls are paid out at the end of each monthly period. The strategy is designed to generate monthly cash flow in exchange for giving up any gains beyond the strike price. The strategy provides no protection from losses resulting from a decline in the value of the SLV shares beyond the notional call premium received, if any." No research needed. Just go for a strike that is approximately 6% OTM. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:34:08 PM #324 | Pepys Monster posted... Isn't it possible to screw that up? Or is it truly easy?It's really easy. Set the desired strike and price and that's it. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:27:46 PM #317 | I mean, it's as simple as writing covered calls once a month. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:25:02 PM #315 | Pepys Monster posted... You can manually sell covered calls instead of buying SLVO. You can also manually buy and carefully manage an S&P 500 stock portfolio instead of just buying an S&P 500 index fund, to avoid that 1% fee from a guy who has been doing this for 20 years as his day job. Totally worth the inconvenience and added risk.They buy on an automatic schedule. If you buy into an index fund, it's similarly automatic which is why fees are low. 1% is way too high of a fee for a passively-managed fund. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:18:49 PM #310 | CableZL posted... What fee do they charge?The fee is invisible to you but it factors into pricing. Check the expense ratio. It covers administration expenses and such (e.g. paying for the management of buying shares and writing covered calls). --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:15:59 PM #309 | CableZL posted... I hope SLVO stays low to make it easier to get more shares.SLVO wins out if the price of SLV stays flat or slowly increases (below strike of the calls they sell). --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:14:22 PM #307 | CableZL posted... SLV doesn't pay dividends, thoughYou can replicate SLVO by selling covered calls. That's literally all they do and they charge you a fee for it. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:09:56 PM #303 | It will keep going down. If SLV rockets back up then SLVO will only go up a fraction due to covered calls. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 2:08:15 PM #299 | No, I mean SLVO limits your gains and extends your losses. It's not worth it. You're going to come out negative in the end at this rate. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/27/21 1:58:23 PM #297 | |
| Topic | I want cegal waifu to simp for |
| 1337toothbrush 07/27/21 9:07:10 AM #7 | |
| Topic | Gotta love recruiters |
| 1337toothbrush 07/27/21 9:06:41 AM #10 | CableZL posted... Yeah, job recruiters can be really annoying. I had one call me while I had covid, and he went into a full anti-vax conspiracy theory rant. So weird.lmao that's so stupid --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 11:21:57 PM #119 | ROOTFayth posted... and do you think this will happen before or after bitcoin is worth 100k? or 500k? or 1 million?Before. --- |
| Topic | Rice and beans is such a good combination. |
| 1337toothbrush 07/26/21 9:45:31 PM #8 | Red beans and rice didn't miss her. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 9:34:33 PM #116 | Swagnet0 posted... it's called an analogyAnalogies still have to make sense to be effective. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 9:28:37 PM #114 | Swagnet0 posted... the same way blockbuster stopped streaming If you think blockbuster had anywhere near the amount of influence that banks have now then you need to lay down the crack pipe. How do you think 2008 turned out the way it did? --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 9:27:51 PM #113 | Tyranthraxus posted... Who do you think is trading the Bitcoin for cashExchanges. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 9:25:41 PM #110 | Do you honestly think banks will stand by while bitcoin eats their lunch? Banks will step in long before that has anywhere near a chance of that happening. --- |
| Topic | Yorkie protects 10 y/o girl from coyote |
| 1337toothbrush 07/26/21 9:24:05 PM #14 | Hoe posted... More like that 10 year old left that poor Yorkie out to dieIndeed. This 10 year old girl should've grabbed the coyote by the jaw and ripped it in half with her bare hands. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 9:20:39 PM #108 | ROOTFayth posted... there is an expected value to every time you risk money mate, whether it is lottery tickets, roulette, poker, stock market, bitcoin, shitcoins I thought you were referring to something else. Well yeah, this shit will ultimately go down. --- |
| Topic | It's fucking pathetic U.S. don't have any bullet trains |
| 1337toothbrush 07/26/21 7:43:41 PM #6 | The US has plenty of bullets. --- |
| Topic | No More Heroes 3 looking rougher than a sandpaper condom |
| 1337toothbrush 07/26/21 7:25:09 PM #5 | |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 7:19:44 PM #104 | Why are you talking about EV with crypto? --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 7:10:18 PM #102 | I'd rather not take a shot at my foot. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 6:58:21 PM #100 | |
| Topic | ITT: Learning Python |
| 1337toothbrush 07/26/21 6:57:57 PM #110 | The example I gave shows you a way of handling it. --- |
| Topic | ITT: Learning Python |
| 1337toothbrush 07/26/21 6:41:31 PM #108 | You exit the entire program if the user inputs something you don't feel like handling. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/26/21 6:35:56 PM #268 | Chinese stocks taking an absolute beating, but BABA looks kinda tempting. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 5:36:55 PM #95 | Sad_Face posted... And recognize that blockchain tech is meant to replace banks.Do you do standup? --- |
| Topic | Researchers are testing concrete that could charge your EV while you drive |
| 1337toothbrush 07/26/21 4:38:40 PM #11 | Just get vaccinated and then you can charge your car while sitting in it. --- |
| Topic | polyglot news reporter |
| 1337toothbrush 07/26/21 4:34:49 PM #2 | Now do a language that doesn't use the latin alphabet. --- |
| Topic | Stock Market General #38 |
| 1337toothbrush 07/26/21 3:50:51 PM #257 | Oof. JD Just Dicked. I'm still waiting on CRSR to go high enough for me to exit comfortably and I'll probably sit out for a while. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 3:44:00 PM #91 | You're not investing, you're speculating. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 3:26:09 PM #89 | Swagnet0 posted... I never said crypto is a good long term investment. in fact I said the opposite.Doesn't that make you an anti-crypto nerd? --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 3:21:36 PM #85 | Yeah, you can really tell this is a great long-term investment when you constantly monitor incredibly short-term movements and get hyped liked you bought into a pump-and-dump penny stock. --- |
| Topic | Would you date adult film star Angela White? |
| 1337toothbrush 07/26/21 2:20:21 PM #19 | |
| Topic | I want to build a home server. what do i need? |
| 1337toothbrush 07/26/21 1:29:15 PM #3 | A server is just a computer running a service on an open port on a network. You can do all those things without putting the services in separate virtual machines. --- |
| Topic | VTuber General 10: Kaiju's Amongus |
| 1337toothbrush 07/26/21 1:22:14 PM #25 | Korone decided to do a stream where she plays Mario Kart until she places eighth or lower, here's what happened:  --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 12:40:20 PM #67 | Swagnet0 posted... bull shitUh huh. Well, have fun crawling back into your hole when it drops again. Don't get too big of a head or you'll have trouble fitting back in. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 12:30:30 PM #65 | EndOfDiscOne posted... Bitcoin could climb up to $1 million USD and there would still be people here saying it's a bad investment. Nothing you can do about it. I'm going to keep stacking sats. Bitcoin is inevitable.Bitcoin could go to zero and there would still be people here saying this is good for bitcoin. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 12:15:13 PM #56 | Swagnet0 posted... If you can't make money off crypto you're a clown. SpookyHov45 posted... It's unreliable. And like you already admitted you're a bag holder. This topic reeks of someone who bought in too high and is getting excited that they're finally breaking even. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 10:57:23 AM #52 | Eramir posted... Amazon recently was caught hiring for a cryptocurrency expert, people suspect they will accept Bitcoin as payment some say they want to start their own blockchain as well. So yes, it is literally the future. Thats not misleadingMany retailers "accept" bitcoin by immediately converting it to the equivalent in USD. Of course Amazon will gladly accept as many ways to pay as possible. I did see a screenshot that someone posted about them hiring a "digital currency and cryptocurrency expert" but that doesn't necessarily mean bitcoin. People think bitcoin when they see cryptocurrency, but bitcoin could easily be left behind in the dust, particularly since the posting also says "digital currency" which is more of the approach that the central bank is taking (not actually blockchain, they just want more control over currency and the ability to track movements). --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 10:42:57 AM #49 | Swagnet0 posted... the money people make off crypto is pretty valuable.The money people make off penny stocks is also valuable. That doesn't mean it's a sound investment. Yes, my qualm is with bitcoin being a big pyramid scheme. I have no problems with people trying to make a quick buck, but I do have a problem with people trying to mislead others by claiming bitcoin is the future or other such bullshit. --- |
| Topic | my bitcoin is going crazy rn :) |
| 1337toothbrush 07/26/21 9:47:42 AM #45 | TrollTrace posted... Wrong.Every time people get paychecks, a portion of that gets "invested" into literal lottery tickets by a dedicated portion of the population. Doesn't mean lottery tickets are a great investment. Also, you greatly underestimate the power of governments. During the great depression, FDR fucked over people holding gold. Do you honestly think cryptos can't be destroyed with simple legislation? Simply make it illegal to hold. Most wouldn't have the appetite for that sort of risk. With central banks coming out with their own digital currencies (not even crypto), you can bet they'll be calling for regulation of "unauthorized" coins. Crypto's entire value is in its lack of regulation. --- |
| Board List |