Jump to content

4thgenhorn

Legacy Members
  • Posts

    127
  • Joined

  • Last visited

Everything posted by 4thgenhorn

  1. Been a tough week. Both kids have head colds, so just taking care of them. I don’t think it’s Corona. So we are truly not leaving the house. I already took the week off for Spring break, but not supposed to go to office until April sometime. Did some academics with kids, but really it’s deteriorating into TV and video games. been cooking and drinking a lot. Trying to work out at home but not as fun as gym. I miss all those yoga pant asses, the simple things in life. Need to come up with some more productive home projects as I’m truly sitting here for another month.
  2. So question for intermittent fasting. If I work out in AM during my fasting period, will I loose/limit muscle mass if I don’t eat before the workout? I usually will eat a shake and lunch immediately afterwards, but just coffee beforehand Goal is to add muscle/strength, while losing maybe 5 lbs. I’m fortunate to be lean genetically and in my early years struggled to add weight. maybe other question is can you loose fat at same time as adding muscle? Or better to separate? ive been doing the intermittent fasting for a year or so. Eat like crap 10 hrs a day, nothing the rest. So far I’ve lost a few lbs and strongest I’ve ever been. But recently a bunch of peeps told me it’s a sin to workout on empty stomach.
  3. I’ve been thinking this was just another flu until last couple of weeks. I asked a couple of Dr friends if I should be worried, and both surprised me with emphatic yes. Somewhat interesting article on flattening the curve and it’s affects, and why it’s so important to slow the spread. https://healthblog.uofmhealth.org/wellness-prevention/flattening-curve-for-covid-19-what-does-it-mean-and-how-can-you-help I was also surprised to hear from A number of peeps in last 24 hrs who believe it to be man-made Weapon from China, intentionally or unintentionally released. I came to Surly to find the answers...did China make this bug to kill off olds? Not very natural for a bug to only kill old people, and like zero kids. I’m sure there are some interesting theories here.
  4. I just put some back in...F it... added to kids 529, did my 2020 IRA. Im sure my action will signal the next leg down. But it sure looks like fear is at a pretty high level. I mean is there not going to be life as we know it in the future? I’ll be buying more in March, regardless of up or down.
  5. The only indicator I’ve used before to “predict” market direction is what investors business daily teaches. Essentially looking for consecutive days of increasing volume, on the upside or the downside. It’s not perfect, but it’s all I know. So I’ll be looking for two or more up days with increasing above average volume. This is why I sold some Friday, consecutive down days with increasing volume. You can read the books by Bill O’Neil to learn more. Or just dollar cost average in at a random period of your choosing.
  6. I’ve liquidated a bit more today...highest percent in cash I’ve ever had in my life. Also rebalanced 401k to 15% bonds from 5%. My timing is almost always terrible, so feel free to take the other side of the trade. I don’t have any quantitative reasons other than things have been outstanding last 4 months...by taking some off I can let the rest ride. Also today is second down day in increasing volume...sometimes that’s start of a correction...sometimes it’s a buying opportunity. Flip a coin. The correct decision for today will be obvious in six months.
  7. I like to refer to that as my Wednesday special...
  8. Good gracious on TSLA. Was fortunate to buy some a couple years back. Thought it was a bad idea so only made a small bet. It immediately was under water and stayed that way until last month or so...guess just lucky that I didn’t harvest losses last year like I was thinking. I should prob sell at least 1/3 tomorrow. problem is what to do with excess cash once sold. Was Friday the market bottom? No equities seem to be in good bases at the moment.
  9. Buddy is getting remarried, he’s mid-40s. Meeting him out tonight bachelor party of sorts in Austin. Aside from strip clubs, other alternative clubs downtown? I’m not in wedding party but might steer venue. He likes house music so maybe along those lines.
  10. Time to buy more. I’ve 9 Amazon apps on my phone...hard to imagine this isn’t a buying opportunity.
  11. Options expiration day. AUG Covered calls expiring Out of the money. Now looking to write again. NVDA and DIS I do have some short covered calls Sept AMGN that will be called away, so be it, forced profit taking. #insertT&Agif
  12. Let me expand on my statement for puts as more risk to reward than calls: for selling the Put, assuming at-the-money, you may collect 3%. Max upside is 3%, downside theoretical risk is 97%. Also time-value of capital reserves. For buying a call, ATM, it may cost 2% (calls typically cheaper than puts). So downside is 2%, with theoretical Infintity upside. Ergo, infinity > 3 % on the upside; 97% > 2% on the downside. I’d hate to be waiting to invest while the market moves higher Or if you go with selling OOM calls, you might cap your gains, say 6-8%, while collecting 1-2%. I like this strategy as it’s defined returns done quarterly; not too bad over a lifetime. Bottom line though both are conservative strategies, and you are usually making money either way. Of course you can always pick a historical example which shows one beating the other. Markets up up this morning. Glad I’m in. Insert strippers-and-blow gif.
  13. Looks like solid results to me. Tesla’s are so common here in Austin; seems a pretty obvious trend here. Wish I had bought more shares sub$200...oh well.
  14. All I know about puts is they cost a lot more than calls. I’ve sold puts, but in hind sight that was a lot of risk for small reward. Let me know how you model a reasonable trade as I’m always interested in learning.
  15. I paid off my house last year. Let me tell you, awesome feeling. I highly recommend it to anyone. I don’t like the idea of market timing at all. I’ve never done it with much success except maybe 1-2% of my portfolio. I’m ballz deep 95% equities, the rest bonds and 6 months cash. I’m young enough to welcome any pullback, especially with no mortgage. Just gets me to buy more, which I did in last week, and will do more this month, and next, etc. last buys were NVDA...small pop so far this week, and I wrote $175 August calls for $4.50ish (closed today $162ish). Seems a pretty rich return for a few months time.
  16. So I’ve been getting all sorts of calls last few months from computers telling me my ID has been hacked; it’s probably a scam. Also wife was part of the experian data breach. I’ve had 2-3 other companies in last year say data has been breached. So wondering if it’s time to start paying an ID theft protection service Co. anyone using a service that they recommend? Good or bad? Also thinking about freezing credit. I won’t need any credit for the foreseeable future so wondering if this is the right thing to do. Anyone with experience here also? Good or bad?
  17. I coached two seasons. Get as many assistant coaches as you can to keep all the kids actively fielding grounders and playing catch, while you work with batters. Also, it a must to have a dedicated parent at first base keeping kids attention there. Occasionally the throw to first is actually accurate, and the kid better be looking. Lastly make sure to emphasize not walking into the batter. Crazy how clueless 5 year olds with bats are, just swinging away.
  18. BTW, this thread got me thinking, what are actual practical measures to use over time to maintain ideal weight? Do any of you regularly get body fat measured? Another approach, simple tape measure of chest waist, legs, arms, etc? Shirtless photos like a beotch? Clearly weight alone is insufficient, especially if lifting for strength gains.
  19. 6’2” and 200, plus minus 5 lbs depending on my turd schedule. My waist is same 34 it’s been since high school two decades ago. But the chart says I’m fat. Also strongest I’ve ever been...do you even lift bro? I could prob drop 3-5 lbs and be at my ideal weight in my opinion.
  20. You are prob right. However I’ve had very bad experiences early on in my trading career buying out of the money calls. So I moved to selling puts and calls a number of years ago. It’s only on a small percentage of my portfolio and I only do a handful of these a year. However, I view it as real life learning that I can apply the rest of my life. Hopefully I can get better over the decades; you’ve helped me this week for sure! Also I don’t view missing out on a huge upside as a big loss, of course it will annoy. Instead I view it as defining a sell strategy for a profit which is a good problem to have. Otherwise I don’t have a sell strategy, just hold to infinity? I’m really bad at locking in gains when they happen, sometimes letting an equity round trip to a buy point or worse. Another thing coming to mind with all your Greek definitions is to incorporate the options view into picking the equity to buy. If options maket are showing a really highly priced beta on an equity, probably a good equity to think about buying outright.
  21. Thanks JJ, much appreciated. I like Ike the idea of collecting theta as you say. Fortunate to not need home runs, just consistent base hits.
  22. JJ, appreciate the thoughts. What do you mean by a 20 delta? Help me with the definition As as I said I’m not a pro, just picking what I view as reasonable 2 month return. And I like collecting the time decay. This example fits what I’m typically looking for in terms of percentages. What would be a 20 delta on VTI? I’ve not sold covered on ETF, but would love to as I can write many more.
  23. It’s been a good week so I wrote covered calls today on DIS. $145 August 16, $2.25 per contract. This trade is in the range of what I’ve been looking for: ~7% return over today’s value for 70 days. I’m a total novice so I manually input these values into excel to find what I’m looking for. I would love to hear if people automate their models with real-time inputs, or if they use tools. This is something I’ve had in back of mind for years, but not seriously investigated.
  24. Pools can be a pain in the ass.
×
×
  • Create New...