TrigoFN

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[Dan Gleesac @Bay_Area_Boy]

First flying armbar in UFC 6. RDR is a hidden gem

[‏ً @BALUCIAGA]

.@bafanabafana

[. @Fimiye]

Opening Twitter immediately after waking up to check the state of the world is basically our generation’s version of our grandfathers reading the newspaper every morning.

[Nicole Josephine @PolarizingLit]

I vowed I would never pay a man for investment advice … but I’m up 95 percent for the year and I owe a lot of that to serenity… plus technically we don’t know if serenity is a man… so I subscribed to get them to their goal !!!

[victory 🌃 @rainsblog]

ngl sometimes i forget that midtier nba players are unfathomably rich until i see something like this

[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 :)

[Spectre @spectre0799]

If Kendrick Lamar made ICEMAN...
(Full mashup album)

01. FIREMAN INTRO - 0:00
02. wacced out murals x Make Them Cry - 1:11
03. DNA. x Janice STFU & Dust - 6:02
04. Silent Hill x Whisper My Name - 9:22
05. euphoria x Ran To Atlanta - 12:40
06. family ties x Shabang, Dust & National Treasures - 17:56
07. The Heart Part 2 x Make Them Pay - 22:31
08. United In Grief x Burning Bridges - 26:47
09. 30 For 30 x B's On The Table - 30:58
10. range brothers x What Did I Miss? - 35:13
11. untitled 02 | 06.23.2014. x Plot Twist - 39:10
12. squabble up x 2 Hard 4 The Radio - 43:12
13. Kush & Corinthians x Make Them Remember - 45:45
14. gnx x Little Birdie - 51:08
15. Hol' Up x Don’t Worry - 53:23
16. Faith x Firm Friends - 56:10
17. FEEL. x Make Them Know - 1:00:57

[Josef @joseftrades]

Man those trades that instantly go against you once you enter are the worst.

[👩🏾‍🔬👩🏾‍🏭🌸🏴‍☠️ 💙🌕🖤 @N3YYZ0N6]

thank God

[waruwabantwana @waruwk]

Viltrumites are on earth. They eat amasi with sugar!!!!

[TrigoFN @trigo_fn]

@adriancbld @Gullitxtra @ChampRDS I don't see Khabib with 2 belts, let alone that many defenses at Lightweight against the best of the best

[Macroblock @sainimatic]

For people asking if you'll be able to turn off DLSS5, it's better than that : you won't be able to turn it on because that demo runs on two 5090s

[TrigoFN @trigo_fn]

@czzijpgs @Cozziano_ @grok who is this

[ChrisExcel @ChrisExcel102]

This year.

Take that money you saved for Traditional healers for ukudlisa indoda and to bewitch other kids

Go register a course or Security training &amp; computer course ufunde!!

Get a job!!

You will see zonke lezinto oziloyela abanye abantwana zi Cheap kanjan!! 😫

[TrigoFN @trigo_fn]

@Alpha_Futures_ @grok