Dear all, I've taken cognizance of all the evidence surrounding alleged Hindutva participation in the Wednesday insurrection. My conclusion? There's not much and it's not worth getting distracted from the bigger picture.

OMG ya'll, I have major decode! Stick with me this is going to be good!
@martingeddes shared this pic earlier showing that according to the Lunar Calendar today is actually 11.3!
@PepeNewsNow
@VeteransAlways_
@ValiantThor12
@VincentCrypt46
@DanScavino

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)

My view on lent:

My biggest problem with lent is the public display of fasting which is contrary to scripture: Matthew 6:16-18

Just as well, overhearing discussions of humble brags, “oh man, this is so hard fasting from x” while displaying ashes on one’s forehead seems overtly contrary to scripture. Again, Matthew 6:16-18 is clear.

Additionally it has been my experience that repentance and fasting lose much of their substance for those practicing the tradition.

However....

We cannot oversimplify and call lent a “Roman Catholic invention” or a “pagan” practice given its presence, minimally the term, in the early church with people like Athanasius.

In the modern conception: Advent is to Christmas what lent is to Easter. While asceticism is removed and shallow tradition enters into the practice, this can happen in most everything.

Oregon Prison Report: Voices from the Inside

"The people that were suspected of organizing the hunger strike in April are currently in segregation under bullshit rule violations, being held illegally, having their outgoing mail seized, and are being refused their property...”

“...and yet still in segregation."

(Testimony from Critical Resistance PDX's (@CR_PDX) Write Them All Campaign)

Snake River Correctional Institution (SRCI) / November 17, 2020.

#ODOCKills #KateBrownKills #FreeThemAll

COVID-19

If you are reading this I'm probably in Segregation as we speak because the inmates aren't necessarily allowed to tell you this, a lot of my homies were transferred to a different prison or put in solitary confinement for saying what's been going on here.

Let me start off by saying that this prison is currently and will continue to be a Coronavirus hotspot. Almost for the past year it has been.

At the beginning of this pandemic, due to our childish president, this pandemic wasn't treated with the emergency, urgency, and caution it needed. As you know Snake River is almost 25 minutes away from Boise, Idaho (if you drive fast).