not bazi, but i just don't see paypal going down the tubes. as a programmer for nearly 2 decades that shit is the OG of payment methods and it's everywhere. think of it like gas cars but on the internet. i think it'll be around for decades far after we're gone. integrated in so many systems already too

This post was edited by ChocolateCoveredGummyBears on Aug 6 2023 03:59am

Yeah I mean some of the gains are just crazy. I’m too old for it I prefer safer methods. When I use options as insurance as opposed to primary $ method is when I actually profit on them. After few years of painful trialing I have just focused on sticking with what works. For options it’s weekly/monthly , no daily or leaps, and in the money at purchase. More expensive but have been consistently profitable, less theta and Vega fuckery


They are similar but I prefer PayPal because
-more familiar with stock levels , when to add and trim
-more familiar with the company overall strengths and weaknesses and overall model
-established track record of being dynamic to environment and not being stuck on one app
-there is more institutional ownership

This post was edited by Bazi on Aug 6 2023 09:26am

i read somewhere that's what options were primary used for (insurance and hedging part) then it got transformed into basically glorified lotto tickets. now the 0dte stuff on spy/qqq is insane lol. i have only been trading little over a year, so def don't got that much experience yet

tangentially, these juicy 4 week t-bills are quite insane though. i might do something with them but don't think they'll stay this high

This post was edited by ChocolateCoveredGummyBears on Aug 6 2023 09:59am

Yeah when I first started them I just thought they were a golden ticket before I was quickly humbled… and humbled again, and maybe another time

I just do the basics. DCA index funds in all retirement accounts nothing more nothing. In personal brokerage since I’m so index heavy in retirement accounts I try to stock pick. Largely buy and hold and use options (small percentage) strictly for insurance /hedging.

This post was edited by Bazi on Aug 6 2023 10:34am

Yea.... they’re globally known and used also, which not many other companies can do yet





Thx... i feel like their business is similar but SQ is more adventurous with their future plans and having Jack Dorsey as an X-factor CEO (like a Zuck or airbnb CEO dude, theyre a special breed). I hope PYPL finds a great new CEO.

Anyways im still deciding which to jump back into but waiting for both stock price to settle down first... dont wanna catch another knife

Looking heavy

Looking to buy more PYPL at low 60s level

It’ll pay just have to be patient

Going to pick up Etsy in a little bit

Going to cash in spy puts

Added pypl in the 62’s

another low volume heavy looking close tbh