I was asked to do a tweet on how to be a good Minceir Ally. So here are my thoughts ... Other Minceiri are welcome to add.
Allies can do the actions you can.

1. On Fri. 8 Jan. Military Intel Contact said to keep phones on, charged and ready for Tier 4B notification as the RV release was being expedited and our start was at any time.

@FionaPearman @ScottMorrisonMP Morrison is our statue of unempathic neoliberalism - erected by evangelical and corporate Australia to celebrate their victory over compassion, equality and secular humanism. 

Hopefully it gets pulled down like the statues of dubious heroes of oppression from an earlier age.

@ScottMorrisonMP The two-party-preferred system in 
Australia politics isn’t working for people, and it sure isn’t working for the planet.

@ScottMorrisonMP My collapse of faith in our democracies isn’t an accident. It’s one of the central victories of the neoliberal project, delivered through two generations of privatisation, outsourcing and deregulation, underfunding of government services (locked in by tax cuts),...

@ScottMorrisonMP restricting freedom of information, targeting whistleblowers and raiding the media who report on them, delegitimising and gagging public interest advocacy, and criminalising protest.

@ScottMorrisonMP Politics in Australia today relies hugely on the fact that most people don’t know most of what’s going on so as to get away with stuff that couldn’t be done under real scrutiny we have seen a clear example of this with the National Coronvirus Cabinet.

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)

Horseshoe theory sets off my bs detector & the divisions on the left leave me at a loss for an explanation- Venn diagram? Another shape? What's going on?
Enter @bastardspod! They really break this down & sort it out in a way that helped me out a lot.

Three of their points I found particularly useful in explaining why the horseshoe looks correct to some or why/how some ppl that look left-ish are really extreme right or take that turn (ally with boogaloo or proud boys, for instance?). 2/10

📍as you go farther left, some are more attracted to authoritarianism or violence like those on the right. BUT this is NOT a horseshoe bc the ideals of left & right are starkly different. That's important - this isn't a horseshoe. 3/10

Their examples are Kessler (of Unite the Right) who started in Occupy Wall St NY & Mussolini who started out against imperialism. Seemingly left-ish ppl turned fascist - why? I agree with the hosts when they said if you're anti-authoritarian, you won't end up a fascist. 4/10

📍(surprise!) toxic masculinity (they don't use those words) or wounded masculine pride is a factor. The pod says~getting the shit kicked out of you can push men in a violent authoritarian direction. Feeling disenfranchised like MRAs and white nationalists seems related too. 5/10