Message from @ThisIsChris
Discord ID: 503796121437601792
@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
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
holy shit
I just watched the Barstool Sports story on Snapchat and the anchor, if that's what you can call him, just said, "this guy is getting cucked big time"
did "cucked" entire the mainstream?