Option pricing models vary. In practice 'bookie methods' are used.
But in general, the more volatile the stock, the longer the option date and the closer to in the money the strike price is the higher the premium. Which will correspond to much higher likelihood of a margin call on shorts corresponding to higher priced options.
There is no one best financial instrument for all purposes. Far out of the money options could be really cheap, but not payoff until the stock moved a lot.
40 days later...raised the issue once, then sat ass for a year. Apparently was found to have been 'deceitful'. You wouldn't fire her? No question the firings shouldn't be over, no disagreement there.
It's not their job to question why they're getting numbers. As I pointed out, this was batch processing, batch size doesn't make that big a difference.
If I found that a Jr. Network admin or coder had lost access 40 days before mentioning it to anyone, had 'acted busy' for those 40 days. He'd be gone. His direct supervisor _might _save his job. If it went on for a year, I'd be gone. That's just not caring, but 'good enough for government work'.
Option market makers are just bookies. They adjust premiums until their position is close to balanced, like bookies change odds and point spreads. If there is enough interest in a stock, they make money, no matter who wins or how volatile the price is.
Typically about 1% were rejected, then suddenly 291 of 365?
It also appears she was supposed to submit a list for background check. I suspect that the reporter is an idiot and each 'application' was a batch (state totals/days would say of about 1000, the 1% reject estimate would say of about 100).
She was 'given oversight of the database' of the DB in 2013. Failed to run the checks, starting in 2015. Not a very good liar.
But yeah, fire her supervisor too. Up the line, nobody did their jobs. Government work, SOP. What can you say?
Also: About 1000 applications/working day. This was not some manual process she was blowing off. She either _was_ a supervisor and her whole crew was doing nothing for over a year, or she was knowledgeable enough to script in an automatic approval generator. The volume raises further questions.
They'd have an unenforceable foreign judgement against a corporate entity, unless the operator was really really foolish.
US courts have long laughed at foreign default judgements against American citizens/corporations that have never been 'there'. That's kind of an old worn out shyster scam. In practice 100% bluff in attempt to extract payment.
I think the register pretty much nailed his psychology.
The dude is OCD, 'some other billionaire' _wouldn't_ be doing it. It's a strength and a weakness at the same time. Dictatorships sort of work, when the dictator gets things right, but nobody can count on that. When they get things wrong, they get them disastrously wrong.
Examples:
When pushing electric cars, why would you want to tie your success to the success of automated driving? More than doubling down on risk. Electric cars aren't an 'if' question, a 'when' question. Completely automated driving, not so much.
Redesign the 'door handle'? Not a broken design, new design is just bad. Breaks, expensive to fix, sucks for getting doors open in accident.
2 Gull wings of 4? Worst of both worlds. Did he even consider why gull wings are so niche? Hint: Rollover accidents.
Aluminum suspension links? Great for race cars, where constant inspection can be assured. Not so good for street cars, which will someday be rolling around with 200k miles, 'maintained' by a 16 year old. Aluminum has pretty shitty fatigue characteristics, all stressed Al will eventually crack.
Market makers assume risk, but they choose to assume risk, they can cover as easily as anyone.
Out of the money put options. Limited risk, unlimited upside. Market knowledge can be extracted from the option premiums (the price paid upfront) if thickly traded.
Chased off the cliffs of Dover by a hoard of topless, huge hootered, chicks is my preferred method. Just because I want to see what they do when I let them catch me.
When you see a company who's valuation already has '100% perfect future execution' rolled into its price, that's an opportunity.
But you are right, out of the money put options are a much safer way to make the same bet. But for those to work, you have to predict when the bubble will pop.
The alternative is shutting down the empty money sinks, not Nebraska paying for it. If they were asked to pay for it, they would shut it down. It really is useless.
Most goods are shipped as far as possible via boat. The only roads in Nebraska that are used to ship goods long distance (basically I-80) are maintained with federal money, granted, almost entirely from federal gas taxes.
Nebraska should be paying for a share of the Missouri and Mississippi river lock systems. How their crops reach market. Lock fees to the barge operators don't cover costs.
Then you don't live in Nebraska. Have you ever been to Nebraska?
50 miles is not a long way in America. Sure Europeans cross two borders in that distance.
Include the cost of gas and parking in the air cost. But include meals on the trip and wasted time in the rail cost. Not that you have too, rail fare will be _much_ more than airfare + drive cost + parking.
If it's a good enough definition for Bangladesh it's good enough for W. Virginia. 'Apples to apples' is my point.
I'm old, I've 'lived and worked' on 300 baud dial up, well 'lived and gone to school' on 300 baud dial up anyhow. Ran small business IT efforts on a 10 Mbit LAN (and liked it), IIRC our modems were up to a screaming 14.4 by then. Soon after that we got a fractional T1, then we were really rocking.
An edge connection would have been luxury. People can cope, you have to adjust, but it's doable.
Slashdot Mirror
Option pricing models vary. In practice 'bookie methods' are used.
But in general, the more volatile the stock, the longer the option date and the closer to in the money the strike price is the higher the premium. Which will correspond to much higher likelihood of a margin call on shorts corresponding to higher priced options.
There is no one best financial instrument for all purposes. Far out of the money options could be really cheap, but not payoff until the stock moved a lot.
40 days later...raised the issue once, then sat ass for a year. Apparently was found to have been 'deceitful'. You wouldn't fire her? No question the firings shouldn't be over, no disagreement there.
It's not their job to question why they're getting numbers. As I pointed out, this was batch processing, batch size doesn't make that big a difference.
If I found that a Jr. Network admin or coder had lost access 40 days before mentioning it to anyone, had 'acted busy' for those 40 days. He'd be gone. His direct supervisor _might _save his job. If it went on for a year, I'd be gone. That's just not caring, but 'good enough for government work'.
1.4 billion dollars of federal subsidy. 31.3 million riders. $50 subsidy for the average trip. From https://en.wikipedia.org/wiki/...
Getting from those two numbers to 94% fare box recovery is federal accounting. Is the average ticket price really $1000?
Total revenue: 2.2 billion. Wait a second...Shenanigans!
Somebody has to sell you a short too.
Option market makers are just bookies. They adjust premiums until their position is close to balanced, like bookies change odds and point spreads. If there is enough interest in a stock, they make money, no matter who wins or how volatile the price is.
The numbers in the story don't make any sense.
Typically about 1% were rejected, then suddenly 291 of 365?
It also appears she was supposed to submit a list for background check. I suspect that the reporter is an idiot and each 'application' was a batch (state totals/days would say of about 1000, the 1% reject estimate would say of about 100).
Her version of the story, for TFS:
She was 'given oversight of the database' of the DB in 2013. Failed to run the checks, starting in 2015. Not a very good liar.
But yeah, fire her supervisor too. Up the line, nobody did their jobs. Government work, SOP. What can you say?
Also: About 1000 applications/working day. This was not some manual process she was blowing off. She either _was_ a supervisor and her whole crew was doing nothing for over a year, or she was knowledgeable enough to script in an automatic approval generator. The volume raises further questions.
She wasn't just 'in business', she was in a business regulated by the FDA. That's where it turns bad for her.
Lying to investors, eh, call it optimism. Lying to the FDA, producing unreliable results for real patients, not optimism.
She will get off lighter than a man would. Female privilege.
They'd have an unenforceable foreign judgement against a corporate entity, unless the operator was really really foolish.
US courts have long laughed at foreign default judgements against American citizens/corporations that have never been 'there'. That's kind of an old worn out shyster scam. In practice 100% bluff in attempt to extract payment.
Government staffing has issues. Who was this employee related to? Patronage lives at all levels of government.
Employee's story doesn't make sense, dates don't line up. Who was her supervisor? What's his/her version? Next supervisor up?
I think the register pretty much nailed his psychology.
The dude is OCD, 'some other billionaire' _wouldn't_ be doing it. It's a strength and a weakness at the same time. Dictatorships sort of work, when the dictator gets things right, but nobody can count on that. When they get things wrong, they get them disastrously wrong.
Examples:
When pushing electric cars, why would you want to tie your success to the success of automated driving? More than doubling down on risk. Electric cars aren't an 'if' question, a 'when' question. Completely automated driving, not so much.
Redesign the 'door handle'? Not a broken design, new design is just bad. Breaks, expensive to fix, sucks for getting doors open in accident.
2 Gull wings of 4? Worst of both worlds. Did he even consider why gull wings are so niche? Hint: Rollover accidents.
Aluminum suspension links? Great for race cars, where constant inspection can be assured. Not so good for street cars, which will someday be rolling around with 200k miles, 'maintained' by a 16 year old. Aluminum has pretty shitty fatigue characteristics, all stressed Al will eventually crack.
That's literally Chewy.com (IIRC).
Bags of dry dog food. Over the net. Advertising on TV.
Leveraged people attach credit lines to their margin accounts.
Nice theory, now look up 'naked short'.
Market makers assume risk, but they choose to assume risk, they can cover as easily as anyone.
Out of the money put options. Limited risk, unlimited upside. Market knowledge can be extracted from the option premiums (the price paid upfront) if thickly traded.
Chased off the cliffs of Dover by a hoard of topless, huge hootered, chicks is my preferred method. Just because I want to see what they do when I let them catch me.
The most obvious where the Clintons.
The 'Clinton Global Fund' was openly taking bribes. Their defenders are in denial to this day.
Nobody can come up with an innocent explanation for why the bribe flow went to 0 after she lost. But they continue to defend it.
Tattoo that defense on their foreheads. Make them live the rest of their lives, embarrassed by their stupidity.
The I in IPO stands for 'Initial' not 'Only'. It's not OPO.
When you see a company who's valuation already has '100% perfect future execution' rolled into its price, that's an opportunity.
But you are right, out of the money put options are a much safer way to make the same bet. But for those to work, you have to predict when the bubble will pop.
Not how options work. Also while put options are a lot like a short, they aren't the same thing.
The market can stay irrational longer than you can stay liquid.
The smart move is out of the money put options.
Ask the UN. It's their standard.
It's not a good faith question. You know exactly what picture ID solves, you just don't consider that a feature, rather a bug.
The alternative is shutting down the empty money sinks, not Nebraska paying for it. If they were asked to pay for it, they would shut it down. It really is useless.
Most goods are shipped as far as possible via boat. The only roads in Nebraska that are used to ship goods long distance (basically I-80) are maintained with federal money, granted, almost entirely from federal gas taxes.
Nebraska should be paying for a share of the Missouri and Mississippi river lock systems. How their crops reach market. Lock fees to the barge operators don't cover costs.
Then you don't live in Nebraska. Have you ever been to Nebraska?
50 miles is not a long way in America. Sure Europeans cross two borders in that distance.
Include the cost of gas and parking in the air cost. But include meals on the trip and wasted time in the rail cost. Not that you have too, rail fare will be _much_ more than airfare + drive cost + parking.
If it's a good enough definition for Bangladesh it's good enough for W. Virginia. 'Apples to apples' is my point.
I'm old, I've 'lived and worked' on 300 baud dial up, well 'lived and gone to school' on 300 baud dial up anyhow. Ran small business IT efforts on a 10 Mbit LAN (and liked it), IIRC our modems were up to a screaming 14.4 by then. Soon after that we got a fractional T1, then we were really rocking.
An edge connection would have been luxury. People can cope, you have to adjust, but it's doable.
Kids grow up thinking their life will be a movie.
It's a shock when they realize it won't happen. In my generation, that happened in middle school, about the time you got your first shit job.