Things that remind you of WDTWTF members
-
@BernieTheBernie 'Fraid not.
$BSM
was calculated a few lines earlier and added to here; this is the return expression. Kind of glad it's already behind me (hint: the "BS" stands for "Black-Scholes").
-
-
@Watson said in Things that remind you of WDTWTF members:
Kind of glad it's already behind me (hint: the "BS" stands for "Black-Scholes").
Behind you in a "Get thee behind me, foul Satan!" sense?
-
@Watson said in Things that remind you of WDTWTF members:
the "BS" stands for "Black-Scholes"
I keep wondering if I could make some money if I understood that. But whenever I take a look at it, my mind keeps drifting.
-
@topspin said in Things that remind you of WDTWTF members:
I keep wondering if I could make some money if I understood that
Understanding how the Black-Scholes formula helps you understand approximately how the price of a European-style options contract changed when the underlying conditions changed. That is not the same thing as understanding how to make money using options contracts. You'll understand how you lost/gained money but not why.
-
@Placeholder nice. Another win for the .
-
@Placeholder said in Things that remind you of WDTWTF members:
@topspin said in Things that remind you of WDTWTF members:
I keep wondering if I could make some money if I understood that
Understanding how the Black-Scholes formula helps you understand approximately how the price of a European-style options contract changed when the underlying conditions changed. That is not the same thing as understanding how to make money using options contracts. You'll understand how you lost/gained money but not why.
TIL. Yet another reason for me to stay the hell away from options with money that isn't full out funny.
-
@izzion There are some uses for options beyond rampant speculation. I'm currently using the collar strategy for my one and only fun money stock position. I was up a bit (out of sheer luck, I admit) and I had reason to believe that it could keep going up (which has happened before), but I was concerned that the price of the stock might suddenly drop (which has happened before). Using the collar strategy, I am effectively giving up all the profit above a certain point if the stock goes up a lot in exchange for being protected if the stock goes down a lot.
This is great, because the stock proceeded to go down a lot. I would have kept more of my gains if I had just sold everything, but using an options strategy in a non-speculative way allowed me to keep a small amount of the profit I already made no matter what and I still have the potential to make more money if the stock reverses course and starts going back up again.
Admittedly, I did have to lose some fun money on speculative options positions first before realizing that they can be used for more than degenerate gambling.
-
@Placeholder said in Things that remind you of WDTWTF members:
the Black-Scholes formula
Is that the one which is actually almost identical to the NavierโStokes equations? I had a trimester on financial calculus in uni but it's been two decades.
-
-
@topspin Social situations? Doesn't matter if it's my best or worst work, it's not going to be great either way.
-
@izzion said in Things that remind you of WDTWTF members:
Yet another reason for me to stay the hell away from options
Way back when (when my grandfather passed away and I inherited a bunch of stock), my broker liked options. I was young/dumb and agreed. He sucked.
-
@dcon said in Things that remind you of WDTWTF members:
I was young/dumb and agreed. He sucked.
-
-
@DogsB Iโve never tried adding a slice of lemon to orange juice, maybe it tastes awesome?
(Unlikely, but you never know.)
-
@Arantor said in Things that remind you of WDTWTF members:
@DogsB Iโve never tried adding a slice of lemon to orange juice, maybe it tastes awesome?
(Unlikely, but you never know.)
Get thee behind me satan!
-
-
@DogsB said in Things that remind you of WDTWTF members:
@Arantor said in Things that remind you of WDTWTF members:
@DogsB Iโve never tried adding a slice of lemon to orange juice, maybe it tastes awesome?
(Unlikely, but you never know.)
Get thee behind me satan!
I wasnโt going to try it. I donโt like either orange or lemon.
-
@Arantor said in Things that remind you of WDTWTF members:
I donโt like either orange or lemon.
Get thee behind me satan!
-
@DogsB said in Things that remind you of WDTWTF members:
I have heard people recommend adding a lemon to fresh orange juice. Never tried it myself. Probably a matter of taste.
-
@Applied-Mediocrity said in Things that remind you of WDTWTF members:
@Arantor said in Things that remind you of WDTWTF members:
I donโt like either orange or lemon.
Get thee behind me satan!
Look, you try going through life without a sense of smell and tell me you enjoy drinking things that taste acrid and not that dissimilar to bile in colour and flavour (just, frequently, not core temperature)
-
@Arantor said in Things that remind you of WDTWTF members:
you try going through life without a sense of smell
Ah, so that's why you're not repulsed by PHP.
-
@Zerosquare said in Things that remind you of WDTWTF members:
@Arantor said in Things that remind you of WDTWTF members:
you try going through life without a sense of smell
Ah, so that's why you're not repulsed by PHP.
Cmon, Pink Hot P... has other qualities than just smell.
-
@PleegWat said in Things that remind you of WDTWTF members:
Probably a matter of taste.
Not necessarily good taste.
-
@Gustav said in Things that remind you of WDTWTF members:
(I'd reply to the rest too but FUNNY STUFF!!!)
Hold my
Here you go:
https://what.thedailywtf.com/topic/29075/could-medieval-peasants-even-read-the-headlines
-
OK, unlocked for real this time.
-
@DogsB said in Things that remind you of WDTWTF members:
"If I want to be found I'll call you, okay?!"
-
@boomzilla said in Things that remind you of WDTWTF members:
OK, unlocked for real this time.
Just imagine... We could have been free of the menace of people who have never drunk orange juice.
-
@DogsB said in Things that remind you of WDTWTF members:
@boomzilla said in Things that remind you of WDTWTF members:
OK, unlocked for real this time.
Just imagine... We could have been free of the menace of people who have never drunk orange juice.
They don't suddenly drink the juice in other threads, you know.
-
@DogsB said in Things that remind you of WDTWTF members:
@boomzilla said in Things that remind you of WDTWTF members:
OK, unlocked for real this time.
Just imagine... We could have been free of the menace of people who have never drunk orange juice.
I've drunk it, I just find it horrible.
-
I know of 's food reputation, but how did you guys manage to screw up orange juice?
-
@Zerosquare I don't know where Britain gets their oranges, but one way they could screw it up badly would be by attempting to grow their own. Britain has entirely the wrong climate
for growing oranges.
-
@Arantor said in Things that remind you of WDTWTF members:
@DogsB said in Things that remind you of WDTWTF members:
@boomzilla said in Things that remind you of WDTWTF members:
OK, unlocked for real this time.
Just imagine... We could have been free of the menace of people who have never drunk orange juice.
I've drunk it, I just find it horrible.
Whoa whoa, no need to be antisemitic here!
-
@Zerosquare said in Things that remind you of WDTWTF members:
I know of 's food reputation, but how did you guys manage to screw up orange juice?
I donโt think itโs a problem as much as an taste buds problem. I imagine it would be less awful if I could smell it.
-
@Zerosquare said in Things that remind you of WDTWTF members:
I know of 's food reputation, but how did you guys manage to screw up orange juice?
The taste varies a lot from batch to batch of oranges, unless you get the stuff in packets made from concentrate, and that's bad enough (to my taste) to be suitable for proving your point. Fresh OJ varies from Meh to Awesome, depending on the trees the oranges came from I guess.
But then again, my sense of smell works correctly.
-
@boomzilla said in Things that remind you of WDTWTF members:
@Gustav said in Things that remind you of WDTWTF members:
(I'd reply to the rest too but FUNNY STUFF!!!)
Hold my
Here you go:
https://what.thedailywtf.com/topic/29075/could-medieval-peasants-even-read-the-headlinesIt's like the rock image comes to life.
-
@LaoC said in Things that remind you of WDTWTF members:
@Arantor said in Things that remind you of WDTWTF members:
@DogsB said in Things that remind you of WDTWTF members:
@boomzilla said in Things that remind you of WDTWTF members:
OK, unlocked for real this time.
Just imagine... We could have been free of the menace of people who have never drunk orange juice.
I've drunk it, I just find it horrible.
Whoa whoa, no need to be antisemitic here!
Obligatory:
-
-
@HardwareGeek said in Things that remind you of WDTWTF members:
@Zerosquare I don't know where Britain gets their oranges, but one way they could screw it up badly would be by attempting to grow their own. Britain has entirely the wrong climate
for growing oranges.: has entered the chat
: ing starts about whether it is part of Britain, Great Britain, the United Kingdom etc.(preemptive ๏ค for yet-another unfunny thread derailment, inb4 )
-
@remi They hardly have space for an orange tree plantation, do they?
-
@remi said in Things that remind you of WDTWTF members:
@HardwareGeek said in Things that remind you of WDTWTF members:
@Zerosquare I don't know where Britain gets their oranges, but one way they could screw it up badly would be by attempting to grow their own. Britain has entirely the wrong climate
for growing oranges.: has entered the chat
: ing starts about whether it is part of Britain, Great Britain, the United Kingdom etc.(preemptive ๏ค for yet-another unfunny thread derailment, inb4 )
This is the reminds you thread, an ideal home for exhausting pendantry!
-
@PleegWat said in Things that remind you of WDTWTF members:
@remi They hardly have space for an orange tree plantation, do they?
A new has entered the chat!
How many trees are needed to make it a plantation?
(I'm sure the must have some curved-banana regulation about it, which is a great way to add more layer of by asking about the status of ...)
-
@remi said in Things that remind you of WDTWTF members:
@PleegWat said in Things that remind you of WDTWTF members:
@remi They hardly have space for an orange tree plantation, do they?
A new has entered the chat!
How many trees are needed to make it a plantation?
Technically, one mature tree would be sufficient for "grow own oranges", given the habits of fruit trees. It wouldn't make for much of an export trade though.
-
-
-
@Applied-Mediocrity โthings that remind you of everyone on this forum.โ
-
-
@Applied-Mediocrity said in Things that remind you of WDTWTF members:
I look at the birds outside my window and wonder if one day I can have a drone that looks like a bird.
-
@DogsB https://www.foxnews.com/tech/it-may-look-like-an-eagle-but-its-actually-a-stealthy-bird-drone-for-covert-missions
-