$OPEN Cash Now, More Later Adoption is coming.
CNML Delta is 0 < x < 1.0,
Previously stated Q4 adoption was 35%, I'm expecting the current adoption to be closer to 45% with the growth in weekly Acquisitons
For 1000 Weekly Acquistions, 55-65% of acq will be CNML 0.3 < delta <0.7
$OPEN
I was just wondering why Opendoor doesn’t hedge using CME housing futures,
It won’t hedge the basis risk, but it would help impact on gamma moves on housing
$open it would be nice if the Opendoor website listed all the home builder partnership it has at the moment so customers can pick their go to,
Would also help the understanding the ecosystem
$BRK.A increased holdings in Lennar,
After buying Taylor Morrison, will Berkshire buy out Lennar next?
That would make Berkshire a 100k per year home builder.