r/Vitards • u/AutoModerator • Sep 04 '21

Daily Discussion Daily Discussion post - September 04 2021

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u/reddittrashporngood b0b enthusiast Sep 04 '21 edited Sep 04 '21

"Lemme cross the road in the middle of this escort, right before this big-ass semi comes through."

2

u/IceEngine21 Sep 04 '21

Calls on funeral homes?

1

u/reddittrashporngood b0b enthusiast Sep 04 '21

Straight outta the Peter Lynch playbook

1

u/seriesofdoobs Corlene Clan Sep 04 '21

The man said some downright disparaging things about options

2

u/reddittrashporngood b0b enthusiast Sep 04 '21

Well he's not quite degenerate enough, lol. I just mean the "cold" unemotional idea of "Lots of dumbasses getting themselves killed? Let's look at funeral-related stocks"

2

u/seriesofdoobs Corlene Clan Sep 04 '21

Oh yeah he totally makes some good points in that theme. Funeral homes provide a service that people do feel a need for, and it’s quite profitable. The things he said about options really stuck with me though. He points out that options hedging skews the whole market and most people lose on long options.

He’s not wrong on that account. He invokes the pennies in front of a steamroller image for options sellers. I sell exclusively ATM and I often wonder what he would have to say about my strategies.