lnofeisone

I too like RYAN, especially with the recent months' sell-off. The only thing I'm still getting comfortable with is their Up-C liability. Either way, this one is going on the slow accumulate list while I get comfortable with their execution.

oldie but goodie -

BAH is also realigning their workfrce. They are laying people off in soft areas (project management, etc.) and hiring in AI areas. They fully expect downward revision in revenue + margin compression in the next 12 months. They are also very aggressive in alliance development (Google, Azure).

Same.

I don't know how you can argue "it's clear that none of these people actually has a full time job." I am open to you showing it to me. But here check out some statistics that anti-medicaid crowd either doesn't know or chooses to just ignore. You are forgetting to couple one interaction variable - kids. I may work full-time @16 hour minimum and hit 33.3k, and that would disqualify me for Medicaid, but under the same scenario + 1 child, I now qualify for Medicaid. If I have a a child under 1, I can work a $23/hr job and still qualify for medicaid. Median household size in NYC is 2.5 Couple that with number of total kids in NYC and this points to small family units - think 1 parent - 1 child, 1 parent - 2 children. You can really corroborate this further if you look at the median NYC household income - $79k, and then you look at the per capita income, which is only $50k. You can check disability statistics for yourself - https://www.nyc.gov/site/mopd/publications/disability-statistics-in-nyc.page

This is such a bad statistic to anchor around without additional context. Yes, 45% of NYC population is on Medicaid. 27% of that number are children under 18. 13% of that number are adults over 65. 5% are adults with disabilities in 21-64 age range. These aren't people who are "refusing to work." So roughly, 50% of the 45% number is about 20% of total NYC population who can actually work. Of that, 8% report not working or unable to find jobs. So you are talking about 134,000 people of 8.4M who are not working or roughly ~2% of population.

banks tapping repo at highest rates since covid. mostly regionals.

I sold shorter-end puts and bought a vertical that goes into earnings.

Same. I trade around a core position and start loading about under $10.

You can do it for free with automated investments. You can fix the investment amount, say $50/week/stock. I think ETF allows you to auto-rebalance, but I adjust my investment amounts quarterly.

This is what I'm doing with Fidelity automated investments. Unloved stocks and just buying them weekly.

Worth deliniating here a little. RYAN lp units have TRAs. That's more than tax pass through. RYAN is on the hook for an aggregate of 450M in cash anytime oneof the LPs converts to common.

Standard language usually includes 15 years for TRAs. RYAN has something like $450M of TRA, which is on the BS but worth keeping an eye on + whatever shares LPs will exchange.

What they have is called an Up-C (umbrella partnership) structure. You buying common in tax deferred or standard account will not be impacted. What will matter is what happens to the LP holders and their tax receivable agreements (TRAs). It basically puts RYAN on the hook to pay the LP holders 85% of RYAN's tax savings. Great for LP holders, not so great for common holders until RYAN exchanges all the LP shares for common.

Selling short-dated PYPL and CROX puts. Both hedged with puts 30% below SP. Using these proceeds to buy longer-dated PYPL and CROX calls.

Without risking TOS violation, what you are asking for is roughly 30 minutes of coding if you have a subscription to one of the LLMs.

i'm looking at 250 Jan 27th...too optimistic?

If you are going to sell 50s, you are better off selling 50 Jan 26 instead of 50 Mar 26. The trade I'm looking to put on is sell 50 Jan 26 P, buy 40 June 26 P for $1 credit. Come Jan, this will give me an opportunity to reload on Mar 50s and then in Mar another shot at Jun 50s.

with vol crush on LULU, no. NVO, yes.

What price/length are you looking at? Some 2 year out verticals offer 10:1 payouts but LEAPS might be better.

I live in DC, and candidly, I'm appreciating the added police presence. I've seen a notable decrease in fake plate cars over the last four weeks. A-hole Maryland drivers have rediscovered blinkers and speed limits. However, it isn't an idiotic stance to have multiple hypotheses when this administration is so bad at communicating plans. If they come out and say "we will start with DC and then go to these states/cities" then people know what to expect. Absent of that, it's easy to start imagining crazy scenarios. It's exactly the same approach this administration has taken with federal workforce reduction. No plans and no thinking. Fire first, see what breaks, try to get those people rehired (with mixed success).

I'm going to leave this right here - https://fortune.com/2025/08/18/mit-report-95-percent-generative-ai-pilots-at-companies-failing-cfo/ A lot of buzz in at least 2 publicly traded consulting firms about this one, and I got a few calls from clients wanting to discuss this.

I've been adding SKYH warrants.

Bought crox for the fam. Sold crox puts to finance them.

Buying 55/60 DEC NVO spreads.