@Quodverum_ @AdamBaldwin @ScottAdamsSays
SO....
About that "inevitable" Democrat over-reach that always
BLOWS UP INTO THEIR GREEDY FACES....

Yeah, they're not going to (politically) survive this.

Thread: JANUARY 6TH WAS THE DAY THE PROCESS FAILED.
So I did have an EPIPHANY, just not the one I EXPECTED.
Watching the violence & stupidity (astroturfed by ANTIFA & Leftists posing as Trump Supporters WITH gullible Patriots) was mind-numbing.
The day ended with TRUMP ABANDONED.

Thread: ARE YOU PREPARED TO LOSE EVERYTHING?
Because we are looking at the edge of an ABYSS right now.
President Trump has MASTERFULLY taken us to the cusp of unrecoverable DISASTER, a plunge that, if taken, would be fatal to our Republic & bring misery & suffering Worldwide.

Thread: THIS IS THE SILENCING MOMENT BETWEEN THE
LIGHTNING.....AND THE THUNDER!
The Left is trying to silence & isolate Trump & his key supporters in a massive purge on Big Tech Platforms.
Americans are justifiably outraged as unelected Silicon Valley Oligarchs DECLARE DOMINION.

Thread: THIS WAS ALWAYS GOING TO COME DOWN "TO THE WIRE."
President Trump is going through EVERY SINGLE LEGAL & CONSTITUTIONAL Process available to him in orders of magnitude.
What do I mean by that?
His numerous Paths to Victory in the 2020 Election are failing one by one.

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)

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.

Learn about Traveller Culture, history and issues affecting us from us not others. You can do this by checking Traveller org websites, chat with us, invite us to give inputs in your place of work.

Educate others and challenge Anti Traveller racism when you see it.

Get to know Travellers locally and local issues. Support the work of local and national Traveller orgs.

Get to know Travellers locally becoming friends. Invite Traveller children to your parties/playdates. Let your children go to Traveller children parties,playdates in their home.

#Suven – Journey of my first 50 bagger…

I bought #Suven first in Apr 2013 around Rs 20…today after almost 7.5 years, its Rs 1000 (Suven pharma 920 adjusted for bonus + Suven Life 80)..CAGR of almost 68% for 7.5 years. I am fortunate to hold it throughout the journey and

1/n

add on multiple occasions on way up. Like to share my experience in this thread for everyone’s benefit..

First time I bought because I like the management focus on R&D. It had chosen the most difficult therapeutic area in pharma which is CNS and it was investing the cash

2/n

flow it used to earn from CRAMS. It also used to write off all the R&D expenses in the P&L instead of capitalizing it in BS. That gave me lot of comfort about management quality.

I kept on adding as funds keep coming. I remember giving a public presentation on Suven in

3/n

Mumbai at one analyst meet in Nov 2017 when it was trading at Rs 160. There was a huge call option embedded at that time in the form of SUVN-502. That would have been the blockbuster molecule if succeeded with market potential of $10 Bn plus..result was due in Dec 2019,

4/n

I loaded around 250-300 knowing the value of CRAMS business itself is more than 300.

SUVN-502 failed in phase-II trials, stock was down 15% from 300 to 250 in a single day, I added heavily. it was largest allocation in my portfolio because I knew the value of CRAMS business

5/n

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/