Message from @Jacob
Discord ID: 503795972460249119
surely 800 of us can do it?
IE having the ability to crash the market... oy vey
There's a MAGA ETF
@ophiuchus do you know about weather derivatives? I was looking into it for a long time but I don't think retail people can trade them
I know what they are but I have very little (none) experience with them
As part of our IPS, we’re only allowed to long things as well. Which is frustrating.
What's an IPS?
Investor policy statement
@Jacob Yeah I made money off it!
@ophiuchus can you long inverse ETFs?
Yes
It was nice for awhile
And do
Can you long puts?
@VinceChaos I made money investing in private prisons lmao
Yeah options are fine
literally a company that helps with deportations
Only long calls and puts tho
@ophiuchus no spreads?
Also, retardedly, only European options
what European options are out there besides SPX?
also yeah that is a bizarre restriction
Aye, there’s the rub
although I guess it simplifies things
@Jacob gotta do your part even indirectly
easier to price a european option
Does a company benefit in any way when people invest in their stock?
It’s run by students so they’re just going to let us go full retard and short call a Bermudan option on a milkshake company
lol
I mean, common stock is the primary source of equity
Are there any European options besides SPX?
Doesn’t really matter who holds it tho
Not to my knowledge
Might be a Nikkei one iirc
So, if I'm a billionaire, could I make a difference by using by money to drive up private prison deportation company stock?
They just don’t want people to struggle with option pricing I think
ah, domo
Even though there are black scholes calculators on the internet and you can write one in excel in like 2 minutes