Discover and read the best of Twitter Threads about #decay

Most recents (4)

Limitations of an Optimized Mindset
A thread 🧵on the problem of optimization!
1/ Finding an optimal solution through an efficient algorithm is how a trained technologist looks at any computational problem.

But as soon as this mindset is extended to real-world problems, the majority of inefficiencies become annoying.

#solutions #efficiency #productivity
2/ In fact, the real problem starts when everything in life becomes an optimization problem.

So much so that eventually, it becomes a defining orientation to life as well.

#problem #life #problemsolving
Read 16 tweets
I want to start a new thread story. Not sure how long it will be and I may use different prompts: #vss365 #vssmagic #vssnature etc etc ... I love reading about legends and folk lore, and in my fantasy writing I often create my own myths. So this will be just a fun exercise...
According to #lore &myths of old,griffins nestled on these cliffs long ago. They swooped down on the unsuspecting;carried them off never to be seen again.
Griffins were not elemental creatures,but air & earth did have dominion over them; their only enemy -fire.
#vss365 #vssmagic
"I helped your troupe avoid #shadow and #gore," said the dark wizard simply, implying that he saved us from the mythical griffins. I gaped at him. "And now for what you promised."

"No," I was careful not to get trapped in words, "I said: after you summon her."
#vss365 #vssmagic
Read 132 tweets
#Option #Greeks Simplified

#Options are definitely more complicated than equity or futures.

Their prices don’t just go up and down.

They also fluctuate based on things like #time, #implied #volatility and #underlying stock movements.
#Options #Greeks Are Simply Mathematical Shortforms

Most of you would remember from school that mathematical formulas sometimes were #Greek letters like Pi and #Delta. The same is true for options.

Don’t let them overwhelm you or scare you.
They’re simply #mathematical words to explain some very basic principles.

#Greeks Describe the Behavior of #Individual #Options

Each #greek can help predict how it will behave under different circumstances and how options prices would change.
Read 22 tweets
#ITM Vs #OTM #Options Which to #BUY?

When selecting the right #option to #buy, a #trader has several choices to make. One is whether to purchase an in-the-money (ITM) or out-of-the-money (OTM) option.
While the goal for "#vanilla" #buyers is to have the option be in the money at expiration, the selected option depends on the amount the trader wants to spend and their risk tolerance, as well as their specific expectations for the underlying stock.
UNDERSTANDING #ITM Vs #OTM

Before delving into the pros and cons of each, let's look at what it means to be itm or otm.
A #call is ITM when the underlying stock is trading above the strike price.
Conversely it is OTM when the underlying stock is trading below the strike price
Read 16 tweets

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