Oh hello.

I knew Dr Rorabeck. He was a wonderful guy. @SchulichMedDent does have much to be proud of. Like any institution, it has its warts.

THREAD ON IRONFLY

These days the most preferred strategy for option sellers due to improved margins is IRONFLY. It's essentially a short straddle with long strangle. Long strangle acting as 'WINGS', which help in capping the unlimited risk associated with a short straddle.(1/n)

You can also view the position as a combination of Cal & Put credit spreads, if that makes it more easy for you.

There are 3 important things to understand while trading this strategy:

1) Initial size of the Wings
2) Risk Management
3) Adjustments

(2/n)

Since we are selling an ATM straddle, the 1st question is how far our wings should be? Ideally i sell .50 delta straddle & buy .20 or .10 OTM strangle, depending on my view on volatility. So the distance of wings depends on the IV setup. Higher the IVs, greater the distance.(3/n)

If you don't understand greeks, then ideally with 30 days to expiry (dte), wings should be around 300pts either side. If your trading in weekly then it should be not more than 200pts. Higher the premiums, higher the distance as we have more cushion of theta. (4/n)

It is important to understand that we need to reduce the distance of wings with time so as to manage our RISK in gap openings or sudden volatile move. So for eg. if you started with 300pt wings with 30dte, the wings wouldn't give the same protection when there is 7dte. (5/n)

The very first section of Robson's allegations is an example of how when he realizes a certain true part of his story does not support his goals he simple changes it to a lie.

He and Joy repeatedly stated under oath that Target run the 1987 dance contest.

Wade 2005 testimony

Joy 2016 deposition

Wade 2013 Apr declaration

blacked out but it's clearly Target not MJJ Production

Wade 2013 Apr Complaint

Wade June 2013 first amended complaint

You wanna know the real reason WHY the "Old Guard" (Evil Powers that once ruled this world) wanted all of you dumbed down?
Your brains are supposed to work like mine does. You All are supposed to be able to see into the future etc. They poison all of you with foods that keep

you asleep.
Certain Daily products that all of you use like toothpaste,Deodorant,soaps etc do harm to you without you even knowing that harm is being done. Those who don't know these things are just so used to being the way they are and think it's all "Normal" when it's really

not. Your minds are designed for so much more and they know/knew this. THEY want all of you dumbed to so you just fall in line to what they say. They want you to follow all the latest Trends, They want you to follow the "Stars". Most of the stars advertise products but I

guarantee you that they themselves don't use 90% of what they are advertising on the market today.
They are being used as puppets, thinking all of you will just follow them blindly falling into all the traps they have had set out for you ALL THESE YEARS..

Look at Portland for

example, They are legalizing all recreational drugs. Allowing Young adults who's brains aren't fully developed to just poison themselves. What happens in 5-10-15 years from now? Our entire youth is poisoned more than they already are? All our adults that the children look up too

Christianity has been a weapon used by systems of oppression to call that which is harmful and abusive; good and God’s will. It has been a weapon to normalize hegemonic power, and keep people from questioning it or challenging it because “it comes from God.”

1/

Gender “norms,” harmful ideas about sexuality, social hierarchy, the construct of race, notions of nuclear family, toxic ideologies of work, bodies, finances, government, relationships, parenting, or criminal justice; are all rooted in Christianity and...

2/

backed up by verses of the Christian Bible taken out of context, to assert that this isn’t just normal, but what God desires. And who dares challenge God?

Christianity has allowed for people w/power to use the idea of god, and *his* “word,” to pass their ideas as God ideas.
3/

This is one of the reasons why people react so violently when we say the Bible is not the word of God, they can’t accept that everything they’ve been given as normal, good, ideal, God’s will... may just not be so.

4/

Their nervous systems tells them it is better to maintain the certainty of what is in their hands; even though it causes harm; than to give into the uncertainty of imagining a different world where equity is possible.

And then their ego gets involved, and admitting they’ve

5/

It's a slow, snowy afternoon. How about a 🧵 on "rationalists" & "rationalism"? I want to talk about what real rationalism might look like & what people devoted to rationalism might actually behave like--and how that differs from what you often see from self-styled rationalists.

Caveat up front: this is not about Slate Star Codex, which I haven't read regularly enough to have an opinion on, or about the recent controversy between SSC & the NYT. I'm more interested in the *idea* of rationalism (vs. the practice).

The core premise of rationalism, as I understand it, is simply that humans' cognitive machinery was not designed by evolution to find truth, but rather to advance the interests & welfare of the collective -- a Venn overlap, but not the same thing. Therefore ...

... reasoning well, both individually & as groups, requires special effort. It requires consciously trying to set aside the parochialism, biases, & other distortions that typically characterize our thinking -- resisting, to some extent, the dynamics of group membership/welfare.

That's all fine. I agree entirely that we should make special effort to reason well & to guard against the typical failures of reasoning to which we humans are prone. I believe it's the best (maybe only) way forward as a species. So far so good.