If it doesn,t make sense...
something else is going on.....

#xrp
#xrpcommmunity

Expand your thinking

This thread is updated and can be approached from multiple perspectives.
That is how big Platform 2020 is
#TheGreatAwakeningWorldwide

Connect the dotes

🧵 @DianeLangberg wrote about NDAs in Christian environments, noting “An NDA is an agreement to hide something. In the cases I have encountered it has always been an agreement to exercise power over and hide sin.... [it is] unlike our Lord.”
1/

NDAs are traditionally “non-disclosure” - don’t talk about specific X. Often in church/ministry cases - they’re overly broad - don’t talk abt *anything* re: your employment

but also may include

“non-disparagement” - don’t say anything negative about us EVEN IF IT IS TRUE
2/

Numerous articles have described the use of NDAs in Christian environments and the conflict with principles described in the very faith supposedly being promoted. I’m linking them here then I’ll offer my 20-year lawyer and victim of silencing (gag order) take on the practice.
3/

“Silence of the sheep” (2018) from @emlybelz described how the conference of catholic bishops has now banned NDAs in abuse cases but how some churches and Christian orgs still use them without

Later in 2018, @scotmcknight discussed NDAs after the Bill Hybels sex abuse scandal, noting that often the stronger party is implicated in sin because the whole reason for the NDA is bc they know that something is wrong and they don’t want it

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)

From @jack:

Starting now, we are changing the way we do things at Twitter. Even though we have been following policies we created, that we thought were good and necessary, it just hasn’t had the desired effect of promoting good discourse. Effective immediately, we are changing.

The basic principle that now guides us is that instead of trying to manipulate discourse, we are opening it up, and making ourselves more transparent and accountable, and resisting attempts at censorship of us or our users.

Further, we have been fundamentally operating under the false premise that we, our our news and fact-checking partners, are smarter or better at understanding information than you, our users, are. This is a vain fiction, and we will drop this pretense.

We have long known that we are not just another social media site, but the place where citizens, governments, and organizations communicate with each other, for essential purposes. We have a great responsibility to the public to be open. So, we change to improve.

First: we will no longer proactively delete any content, except for: private information harming a person other than who posted it (e.g. doxxing, revenge porn, etc.), and any content we are legally required to remove.