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    1. M

      Biden Administration Urges Supreme Court To Let Cops Enter Homes And Seize Guns Without A Warrant

      Mental health related justifications are a slippery slope when it comes to due process and forfeiture of our rights. Today there are some people that consider 'conservative values' as a mental deficiency or a problem that needs to be corrected.
    2. M

      GameStop/Reddit vs. Big Financial

      Holly smokes, where the hell did that come from....that's crazy. Next options expire this Friday.
    3. M

      GameStop/Reddit vs. Big Financial

      Agree on all accounts, it's definitely not over but folks that had naked shorts are scrambling as margin requirements are increasing
    4. M

      GameStop/Reddit vs. Big Financial

      Many of the Reddit folks that are a part of this activity (WSB) aren't necessarily doing this for the money (although that's important) they are really wanting to put the screws to the big money hedgefunds that make a living out of squeezing the life from vulnerable businesses. If you've...
    5. M

      Stock market.... What are you doing?

      For those asking about 'covered' versus 'naked', as long as you are 'buying' the call/put, your loss is fixed. I.e. limited risk. It is when you start 'selling' either puts or calls that your risk become more uncertain. Moral of the story, buy all the calls/puts you want, you can't lose...
    6. M

      Stock market.... What are you doing?

      With the Dems looking to gain power, I think the market was looking for a boost that had a "T" at the end not a "B" :)
    7. M

      Stock market.... What are you doing?

      Interesting perspective- selling puts or buying calls. I'm not an options expert, but if I were bullish on a stock (and I didn't own the underlying stock) I'd buy calls. Your risk (loss) is fixed (what you pay for the calls) and profit is unlimited. Options for this stock don't appear to have...
    8. M

      Stock market.... What are you doing?

      Correct, as long as you're comfortable with purchasing the stock in the event the option expires in the money. It wasn't clear if you're referring to naked or covered puts. I'd be cautious of the former as your loss is only limited to the stock not being able to go below zero; unless you have...
    9. M

      Stock market.... What are you doing?

      If you sold a call and it gets 'assigned' (expires in the money) the brokerage will typically liquidate your position within 1 business day. You don't have to take any actions. Also, there are American and European 'style' options that have slightly different rules on expiration and...
    10. M

      Stock market.... What are you doing?

      Try Ally Invest (used to be Trade King) for option and stock trading. Options have a sliding scale fee, but can be purchased/sold for as little as $0.50 per contract. Plus, they don't require a margin account for trading covered options.
    11. M

      Stock market.... What are you doing?

      Where can I find out more about this exemption and the limitations?
    12. M

      Lets talk pots and pans (seriously)

      The glass top induction stoves are nice, but I hated the cleanup afterward. Because the top was black, I was super paranoid of scratching the glass during cleaning, so I used an ultra mild liquid/paste (almost like polishing compound) to clean mine. No scratches, but damn, it took a lot of...
    13. M

      Saga of the Cannon safe

      It would be interesting to know where in WV this safe/bunker is :)
    14. M

      Saga of the Cannon safe

      Only mechanical locks for me, preferably the level 2 (or whatever S&G calls the version above base model) or better. Best advice I was given by a locksmith was to turn the dial slowly so that you could almost read the numbers as you rotated it. I.e. don't spin the ***** to quickly get to your...
    15. M

      Lets talk pots and pans (seriously)

      I use a seasoned cast iron flattop and skillet for high heat and food that has a high thermal inertia (i.e. large steaks or pieces of chicken) as the lighter duty pans will lose too much heat then these are added. I normally clean the pan while it is still hot, which is just a wet towel (or...
    16. M

      PSA must have recently marked up their rifles lol

      Subtle difference without a real distinction I guess. From what I recall from my Economics classes, supply/demand is dynamic however it always moves towards a state of balance. Opportunistic selling is when someone identifies and exploits an opportunity for arbitrage. Ultimately this cannot...
    17. M

      PSA must have recently marked up their rifles lol

      Not just PSA. ARs at CDNN have went up 50-80%. S&W Sport II used to be ~$500 and is now $850. Not sure how much of this is supply/demand or opportunistic selling.
    18. M

      Stock market.... What are you doing?

      SPX options track the S&P 500, however are European style options, as compared to SPY which are American. SPX typically trade 10x of SPY at the same strike price.
    19. M

      Stock market.... What are you doing?

      I'm into some SPX calls now. Let's see if they can make me a few bucks.
    20. M

      Public service announcement about Ashley Furniture

      I have an Ashley leather couch w/recliners and loveseat that I purchased 8 or so years ago that has held up very well over the years....and I didn't pay anywhere near the prices that equivalent setups from La-Z-Boy were selling for. 10 years of use from a couch is a pretty good deal in my book.
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