Maybe it’s my first time being exposed to these devices, even FM sounds smooth! Near perfect condition for $280. Had volume shock at even 10% of the knob position.
Will test with my Mission 750s after buying a speaker switch, to switch from my home theatre to this.
Also got a TEAC 103 cassette player (tape deck) with this but that seems to need repairs.
Absolute pointless way to defeat Prophet. Shotgun and Nova Lance, because why not.
Was frustrated with my gun on my third try so decided to try the power shot. Surprisingly worked well!
This might be off topic.
Stumbled on this show and the questions asked on Ep1 are so relevant today.
Humans 2015
I've decided to publicly note some trades I am making this year. Specially IV crush around earnings. If anyone needs glossary or how it works, let me know. There have been better teachers than me who have explained it well!
Ideally I research these points 15/20 days before earnings:
For example, 15 Apr Earnings prices
14th April price C379 15th April price C375 16th April price C363 (-11)
No data on ATM straddle price. Ideally, I would check on some paid platform but let's assume we don't need another platform.
ON IBKR I see the Historical Volatility change from 15th April to 16th April after earnings. Drop isn't that great on graph, but let's see what we can find next.
Line in yellow is 10 day moving avg. White line is IV as captured for ALL strikes, ALL contracts, in the past 7 months. Diluted info.
15th April IV was 45% (for the day, across all strikes, dates)
16th April IV was 41% (for the day, across all strikes, dates)
**45% to 41%** seems like a drop, but this data is incomplete!
Let's see what did the latest one-day before IV looked like.
15th July Historical Vol
**Let's look at the historic IV for the contracts I am interested in! The line in yellow below is the the July 17th contracts for all strikes**
Ok, compared to front months, it looks elevated. Good to go ahead (carefully).
Setup (day before earnings, July 16):
Why I didn't take it: Got pulled into a meeting and busy writing these notes in the morning. Plus, the 6.40 credit didn't seem good enough to take this trade.
What happened: Stock dropped overnight, touched $405 almost exactly (just "kissed" the line), then bounced back the next morning. IV crush as we can see from 65% to 49% on Jul 16th.
Current price of the Strangle as of 16th July 12:30pm: $4.59
Total win credit: $ 1.81
Ideal Result: Both legs of Short Strangle should be closed the next day, regardless of Fri exp. Would've been a clean win. Textbook case of the market pricing in a bigger move than what actually happened.
Takeaway: Earnings and event IV crush works when researched well and sized well. I didn't pull the trigger on this one. Making a habit to publicly log my trades. I will post some of my losing and winning trades later. MSTF last Q was an eye opening experience! It crossed my tight strangle and went ITM but still made a good 40% profit on the overall IV crush.
Interesting post from two years ago talking about AI / tech bubble. And here we are discussing nearly the same thing today.
https://www.reddit.com/r/ValueInvesting/s/OvABIBS5Ju
I like the bull rational by some comments.
For some reasons got removed from /musicproduction
How are these mixes “crystal clean”?
The only way to describe it is that the sounds are crystal clean, the reverb too. How were these mixed in. It has a foundation low end but everything sits well.
My noise based stuff is harsh and sometimes removing certain frequencies help but what / how do we know?
Earnings is today evening.
It's mainly put's volume sitting around 4k open interest.
Put at 140 spread at Bid 0.08 - Ask 0.30. IV 154%, higher than surrounding strikes avg of IV ~140%.
What's going on. Why 140? Call side is alright, usual curve.
