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.

https://finance.yahoo.com/quote/GOP/

What's an IPS?

Investor policy statement

@Jacob Yeah I made money off it!

@ophiuchus can you long inverse ETFs?

https://finance.yahoo.com/quote/dems?ltr=1

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

https://finance.yahoo.com/quote/taxr/

@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

holy shit