People always ask me, "Why do you describe yourself as an option whore? Always buying gamma?!?"
Because, I can quantify the risk, I'll lose small for 15-24 months, and then that ONE month happens and I own the firm.
I know I'm in the minority.
As a derivative risk manager, I see an option seller to buyer ratio of 200:1
Strange that 4 of the 7 largest traders, that all pre-date my time here, are premium buyer, strange right?
an options seller made money in 27 of 28 months. then lost his house and his kids' college funds.
nick kokonas, a former chicago options trader, watched it happen.
the guy kept selling far-out-of-the-money calls, collecting small premiums until the loss wiped him out.
the floor had a name for it: "eat like a bird, shit like an elephant."
INDY should fire-sale this entire team. Load up on picks, rebuild with a fresh set of downs
JT -> you're probably next
Breaking: The Colts have agreed to send eight-time Pro Bowl guard Quenton Nelson to the Seahawks, sources tell @AdamSchefter and @RapSheet.
Didn't SEA just throttle KC?
Isn't home field worth ~3 points in the NFL?
How do we feel about the @ChicagoBears only being +3 this Monday night in Seattle?
jd retweeted
DeSantis signed his 8th budget having cut $10 billion in spending in his last 4 years, giving back $9b to taxpayers, having the highest credit rating in US (IL has lowest), and signing a budget that spends less than yours even though FL population is nearly twice IL. – at Wheaton, IL
I'd like to comment that Cornjerkers is a rough one.
Grew up near Fischer IL. They're the Bunnies and they're fierce.
@BunnieFootball
jd retweeted
Promises made, promises broken.
As President, I will clean up the cesspool of corruption at CDC and force the public health agencies to come clean about Covid vaccines. I’ll hold responsible those who lied or concealed critical health information, including the crooked individual who ordered the destruction of this myocarditis data.
You'll never see it because small time SEC schools don't have fortune 50 CEO's in the alumni database.
Now that NIL is here (and broken) the ability to stack three 5* per position are over.
The amount of duffle bag cash distributed must have been ridiculous
Good read, even better reporting.
Regulators have yet to approve GPU index futures but ex-Citadel quant @zjasper is already looking ahead to physical settlement.
And no, it doesn't mean shipping you a data center. Ngl, this was quite illuminating ⬇️⚙️
Ft @drwconvexity & @carmenli
cnbc.com/2026/10/26/gpu-futu…
jd retweeted
🎉 TODAY'S THE DAY, CHICAGO!
Traders4ACause takes over LUXBAR tonight!
Step away from the screens, grab some food and drink, reconnect with old friends, and make some new ones — all while supporting our mission of giving back.
See you tonight!
🎟️ traders4acause.org/chicago26
jd retweeted
The fastest route to every gas station in America. This is absolute art. I legit watched this 13 times on repeat.
This slaps hard
Building the ideal NFL roster based entirely on their relationship situation:
QB: Married to an above-average looking woman he met before he was famous. Attractive, supportive, but not Madison Beer hot. QB1 cannot have distractions.
RB: Knocked up his college girlfriend sophomore year. Still with her. 3 kids. Rumored mistress that everyone in the organization knows about but nobody discusses. May have one domestic violence charge that got dropped.
WR1: Completely single. Zero responsibilities. Following 4,700 women on Instagram. Let him cook.
WR2: Dating an Instagram model with 800k followers. Relationship is extremely toxic. Somehow this makes him better.
Slot WR: White guy married to a beautiful mid blonde. Golden retriever. Two kids. Lives 12 minutes from the facility. Automatic on 3rd & 7.
TE: Dating a famous actress/singer who gets shown during every broadcast. Annoying but necessary for team morale.
LT/RT: Married to high school sweethearts. Southern women. Three kids minimum. Own homes on 5+ acres. Absolutely zero nightlife.
Guards: Also married. Wives are best friends. Joint family vacations every offseason.
Center: Has been with the same woman since 8th grade. She packs his lunch.
WR3: Single, but not famous enough to pull WR1 numbers. Gets the girls WR1 stopped responding to.
Kicker: Wife is inexplicably a 10. Nobody understands how he did it.
Punter: You have literally no idea if he has ever spoken to a woman.
This team goes 14-3.
The candy aisle at Dollar Tree is covered in this cut out hard plastic.
Good thing no one left the key in case you need to use both hands
😑
