SmallCap

So I was thinking of adding some more SD any my usual pattern is to put in a limit order and see if it gets filled. This time I looked at the PUT options, particularly the put options for Oct. Someone check me on my thinking about this but what I ended up doing was selling some 2.50 Oct cash secured puts (ira) at .80 - the current share price is 2.06. the way I looked at it there are two possible outcomes. 1. share price stays low and i would have picked up the shares at an effective price of 1.70 a 17% discount on todays price. 2. the share price goes up and they expire worthless. my return would be 75% annualized return on the cash that is held for the cash secured put. So either I get the shares at 17% discount or I make 75% annualized return if they expire worthless. My risk is that I could be missing a multi bagger. What are your thoughts, is this a smart way of going about it?

wrote some Puts on AR

Will “real” assets remain permanently undervalued relative to brand and intellectual capital forever? Will the entire business of securities analysis institutionally restructure itself to account for this new reality, prizing other facets of a corporate issuer of securities more highly than projected cashflows and balance sheets? There are no asset managers who represent their strategy to clients as “We buy the most expensive assets, and add to them as they rise in price and valuation.” That’s unfortunate, because this is the only strategy that could have possibly enabled an asset manager to outperform in the modern era. It’s one of those things you could never advertise, but had you done it, you’d have beaten everyone over the ten-year period since the market’s generational low. https://thereformedbroker.com/2019/06/13/when-everything-that-counts-cant-be-counted/

Life Goals: Be insulted by Trump on Twitter Have an article appear in Christianity today magazine strongly disagreeing with me Have my funeral protested by Westboro Baptist Church - A life well lived!

sold the last of my TSLA Puts for 100+% gain in the last year. Decided to leave the drama behind but this probably means I am leaving money on the table.

The problem with the strategy is that if the stock goes straight up, you just get 10c/ share. Plus you have to pay short term capital gain tax, and tie up the cash in the account until put is expired. Like Warren said, if you like the stock, just buy it. Eating like a chicken yet shitting like an elephant... Not my cup of tea. Update: the day of expiration the stock dropped 2.5% and so I got the stock at a lower price then I would have expected when I sold the put. unfortunately today it has gone down another 2.2%

What did you do, grab value line book and start in the 'F' section?

I did something new for me: I wrote some WY puts that expire in 2 days: WY 05/17/2019 24.50 P - price when i wrote the puts was 24.85 and I sold the puts for $.10 My reasoning was that I was seriously thinking about adding to my WY position and when I checked the options I saw the OTM options with a bid for $.10 so I just went for it knowing that if I am put to in 2 days then I will get it $.45 less then todays price, which I can live with. My profit on expiration is a whopping $80. Tell me if my thinking is stupid and i am picking up pennies in front of a steam roller.

Holland, MI? Nailed it. 4 out of 5 great lakes agree that Michigan really is the best state. I live on the coast with hundreds of miles of sandy beaches on lake michigan on the sunset side of the lake. From my user name you probably surmised I hail from a neighboring state. Sampling some Holland, MI product this evening come up north sometime and we'll go to the source and hoist a glass.

Being from South Florida, snow on the streets is a bit of a foreign concept to me. However, from an engineering standpoint, reading about your city's snowmelt system is fascinating. I wonder what the cost advantages (if any) are in terms of developing/maintaining the system vs. traditional plowing and salting. It's a very interesting system and there are many hard to quantify aspects of the snowmelt as compared to salt and plows. 1. This is used extensively in our historic downtown shopping district. 2. the lack of snow makes for a perfect outdoor shopping experience 3. there are now year-round runners who use the area creating more foot traffic in the shopping area. 4. Salt destroys both cars and shop floors 5. plowing can really rip up a downtown streetscape will all the paver crossings, curbs, and parking slots. Also, you probably saw this but all the hot water comes from waste heat from the municipal-owned NG power plant so the ongoing cost is negligible. I don't have a good ROI timeframe on the initial install which as you can guess is extensive and is only done when you are ripping up everything and replacing a lot of old infrastructures. They installed the first section in the late 80's and as far as I know, haven't had to do any serious maintenance. I wrote a blog post about the engineer who had the vision for the system if you are interested. https://www.sethgetz.com/2019/01/a-tale-of-two-cities-and-businesses.html

Holland, MI? Nailed it. 4 out of 5 great lakes agree that Michigan really is the best state. I live on the coast with hundreds of miles of sandy beaches on lake michigan on the sunset side of the lake.

Who can figure this out without digging into my profile? 4 out of 5 water bodies call my state the best state I live on what is called the 4th coast The sunset coast In a town named for a European location with a flower festival and the Largest snowmelt system in North America

I'm remembering Jeff Bezo's shareholder letters from the 90s telling shareholders to not expect profitability for many years to come because he was building something bigger. Also I was a casual Chicago Cubs fan until the day they hired Theo Epstein and he laid out his long term plan to really suck in the short term and trade away most of their good players for prospects all building towards creating a World Champion. He told all the fans to expect to lose a lot and not enjoy the team in the short term because he was building a world championship team not trying to make that years team a little better. In both those cases, they had a plan, a bold audacious plan. I'm not sure that FFC has such a plan or maybe I just haven't seen it.

Love reading this topic, I am in the middle of this with 3 kids [10,8,6] and they are so much work and so much fun at the same time. One thing I have been thinking about is how to teach my kids to think in an entrepreneurial, problem-solving way. So I started writing on it. I would be interested in what you think about these two ideas. http://www.sethgetz.com/2018/11/entrepreneurial-kids-developing-mental.html http://www.sethgetz.com/2019/01/entrepreneurial-kids-moving-from.html I have some more ideas that I still need to write about, I just need to get the time.

I haven't paid that much attention to the government shutdown because it seems like staged political drama and we have seen these come and go before with little to no impact on our lives. But as it enters the 32nd day and is now the longest shutdown we have experienced, it started me thinking about what companies would be effected. Most won't be affected at all, but I am guessing that some, in particular, the small ones, will be affected dramatically, both for the positive and the negative. What companies or industries can you think of that would be affected by the shutdown?

Dipped my toe in the water with WY at 25.15

PNNT Sold all but 1 of my tesla puts

I did a lot of work within the startup community and with entrepreneurial programs in college. I left the area because while I loved the dreaming entrepreneurs I wasn't impressed with the VC's and funds and how they approached investing in the businesses. So I have felt for a while that there is a problem there but AdjustedEarnings lays out the case so much better than I ever could. The question I have is how do we profit from this? Best of my knowledge I have no exposure to this area and i have purchased puts on Tesla but how do we profit from this. In the case of the big short, while it shows only a few people who figured it out, my guess is there were a lot more people who figured out that there was a problem in Mortgages but never knew how to profit from it.

This seems like a good theory, though it seems that for it to be the case the county seat would have had to have been on a significant railroad line.

I have a friend who teaches courses on it but I'm not sure if he has published anything on it.

With US companies set to repatriate some % of their ~3.5 Trillion of overseas cash and holdings, what impact will this have on the markets and the economy? I was just reading an article which stated that this would contribute to a strengthening of the dollar, which puzzled me because I would have expected it to be an inflationary event because there would be more domestic cash chasing the same amount of domestic assets. And maybe 3.5 trillion isn't significant in a monetary basis but why would it strengthen the dollar? I think I am missing something here.

All these years I have been studying WEB and I never knew that he and I have the same birthday. file this under perfectly useless information but cool anyway.

This was from back in 2014, maybe I haven't been looking hard enough but I am not seeing the ramifications that this article said were on the horizon back in 14 showing up today.

why don't you think that residential solar is all that smart? is it a price point thing or a economies of scale thing or something else?

I have given up and moved to Google Sheets for my downloads. It does everything well except for dividends which can be done although it's not as simple as the other functions (i.e. stock price) i have been using this yahoo function in google sheets but I am trying to get options data and I used to be able to import it from Yahoo but I can't do that now. Do you have a way of getting options data into a google sheet?