Originalduke.base.eth

That Web 3 guy | Content marketer | @sign enthusiast

[Originalduke.base.eth @iced_outboy]

@_AustriaUpdates What of data analysis

[Originalduke.base.eth @iced_outboy]

@DuruOzii CASE

[Word @umarfof]

accept, adapt, evolve.

[femiiiiii. @femiiiszn]

empathy burnout is real, im tired of understanding people.

[Ewgi @Ssaasquatch]

Haven’t shared this before, but a lot of people ask me how I do it, so here goes:

Long-dated options, or LEAPS, are a powerful way to aggressively compound portfolio gains if you have high conviction about the future price of a stock. I have personally made a lot of money doing this. Yes it works!

LEAPS gives you opportunity to control at least 100 shares of a stock without owning them. I use this mostly for swing trades I plan to dump in <1 year or two. No point doing this for long term holds.

Eg: A stock trades at $10 and you believe it can hit $20 within a year, Instead of spending $1,000 to buy 100 shares, you buy 3 call contracts with $11 strike (will explain this later), expiring roughly a year from now. Some people do short dated ones too. That’s fine as look as it’s not too short. You need time for your thesis to play out. Avoid ODTEs if you know what’s good for you except you’re an idiot.

Assume premium is say $3 per share? Each contract would cost: $3 x 100 = $300. 3 contracts would cost: $300 x 3 = $900. Total cost = $900

Now suppose the stock doubles to $20 in one year, just as you projected.

Each contract is now worth:

($20 - $11) x 100 = $900. Meaning 3 contracts you bought would be worth $2700

Summary:
Initial cost: $900
Final value: $2700
Profit: $1800

Assuming you bought the stock outright:
100 shares at $10= $1k. If the stock goes to $20, your shares are worth $2k. Profit: $1k.
In other words, LEAPS compounded your returns with lesser capital and vice versa.

Are there risks involved ? Of course. A lot of risk.

If the stock does not rerate meaningfully higher, you can lose most or all of your capital.

A wise man once said, “Leverage is for idiots.” and he wasn’t exactly wrong.

This isn’t something you YOLO, and definitely not with a large chunk of your port. I personally never risk more than 10% of my port (Okay fine, I’m lying. It goes as high as 20% sometimes)

You only use LEAPS when your conviction is extremely high and you believe the stock can rerate aggressively to the upside.

Now here’s the real alpha:

How do you manage risk and find the right stock for this kind of bet?

This is the filter that has consistently worked for me:

1. I like beaten down assets with improving business margins ie Growing revs & bottom line, positive or improving EBITDA (adj), and a low D/E ratio.

On the technical side, the stock should be trading within say 10% of their 52-week low, RSI below 40, and sitting on key support across all long timeframes.

The goal is to always find a mispriced asset, not to catch a falling knife.

2. Buy around 10% OTM strikes ie If a stock is at $10, I’m looking around the $11 strike.

That way, the stock only needs to move above the strike plus the premium paid for the trade to become profitable. If you buy very far OTM strikes, you can still lose money even if the stock moves meaningfully higher. This is essentially baba ijebu.

3. Theres no point holding the contract into the final 60 days unless it is already deep ITM and you are comfortably profitable. Read up about something called thetas and option decays.
At that point, either sell it, roll it, convert to shares, or take the loss on the chin. You live to fight another day.

4. Only buy LEAPS when implied volatility is low cos Low IV = cheaper premium. Thats when LEAPS make the most sense cos you don’t want to overpay for optionality, then be directionally right and still get hurt cos IV compresses.

My current LEAPS:

$HIMS
$SOFI

As always, This is not financial advice. Just sharing what works for me.

There are tons of tutorials on YouTube that explain the mechanics better, but take this as a primer.

You’re welcome :)

[Originalduke.base.eth @iced_outboy]

@nysc360 Okay thanks

[Originalduke.base.eth @iced_outboy]

@nysc360 Like I was posted to a new PPA after submitting my PPA letter and I printed it saved it and got accepted I also did documentation after camp. My attendance is 12/12 but now for my final clearance I am seeing another PPA in my dashboard. And I am confused is it ict fault.

[Illimitable Man (IM) @SovereignIM]

Counterintuitively, to be nice is to be unkind.

Because the refusal to offend is the willingness to enable dysfunction. So in your desire to avoid conflict, you perpetuate greater harm.

Doing the right thing then is the willingness to be unliked and go repeatedly unappreciated.

[Originalduke.base.eth @iced_outboy]

@Baytail @kashpriya834 What's up boss did genserat later refund you

[Originalduke.base.eth @iced_outboy]

@UchennaA87406 Hello was it resolved

[The Ways of A Gentleman @Gentleman_Ways]

“Right is right even if no one is doing it; wrong is wrong even if everyone is doing it.”

-Saint Augustine

[Words of Wise | Mindset Coach @Wordofwise_]

“The Problem today is people don't cherish good people, they try to
use them.”

— Bob Marley

[Ọma @Omakadii]

I've indulged in as many vices as I can, yet I never get a hang of it. Clubbing is stupid. Smoking is embarrassing. Doing drugs is pitiful. Womanizing is draining and pointless. I'd rather be buried in piles of work.

[Words of Wise | Mindset Coach @Wordofwise_]

“Suffering arises from trying to control what is uncontrollable.”

— Epictetus

[Hansel Praise @hannytalker]

5 Canadian companies that sponsor foreign workers, and the exact roles where you are most likely to get sponsored.

1. ROYAL BANK OF CANADA
Canada's largest bank.

One of the most consistent sponsors of internationally trained professionals through LMIA and the International Mobility Program.

Roles where sponsorship is most likely:
→ Software Engineers and Developers
→ Cybersecurity Analysts
→ Data Scientists and Analytics Professionals
→ Risk and Compliance Specialists
→ Cloud and Infrastructure Engineers

The insider tip: RBC's technology division is where the majority of sponsored roles live. If you have a finance background combined with tech skills, this is one of the most accessible doors into Canada.

Apply: https://t.co/mnGRc2M8hi

[Originalduke.base.eth @iced_outboy]

@Pikkettes_ @pipiru22 @Kojo_TN Which country

[Originalduke.base.eth @iced_outboy]

@studyeurope123 What's the history

[Originalduke.base.eth @iced_outboy]

@studyeurope123 How much