Ask HN: What tangible benefits did you get from spending time on HN?

Re:Ask HN: What tangible benefits did you get from spending ... by graeme on Saturday March 06, 2021 @10:57AM (#26368222)

Are those american or european?

Doesn’t have high out of the money but if I’m reading it right the potential returns for buying Jan 20th were insane. A $60 call potion expiring Jan 29th was $1.20.

GME went to $500 or so. If you exercised such an option at, say, $350, your profit on the exercise would have been $290.

At a cost of $1.20. 242x return.

And thank you, that site is incredible. Very hard to find such data. Another example of HN’s value. I searched for this kind of thing off and on for weeks, but it randomly pops up on an unrelated thread because I made an offhand mention. That’s HN.

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Re:Ask HN: What tangible benefits did you get from spending ... by sokoloff on Saturday March 06, 2021 @01:00PM (#26369189)

The options are American-style.

I also love the typo of “potion” for option in your second paragraph. It seems especially fitting for this story.

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Re:Ask HN: What tangible benefits did you get from spending ... by chris_st on Saturday March 06, 2021 @02:35PM (#26369864)

You're most welcome -- glad I had the link.

> Very hard to find such data.

That is the understatement of the decade.

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Re:Ask HN: What tangible benefits did you get from spending ... by graeme on Saturday March 06, 2021 @06:40PM (#26371588)

Huh interesting the site is offering the free data as a byproduct to sell affordably priced subscriptions.

They could probably improve their SEO, unless they are new within the past nine months or so. When I searched historical options prices extensively nothing came up.

Do you have any affiliation with them? If not I can reach out directly. There are some pretty obvious strategies that would make them much more prominent for searches like “SPY historical options prices”

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Re:Ask HN: What tangible benefits did you get from spending ... by chris_st on Sunday March 07, 2021 @10:39AM (#26376661)

Nope, no relationship, and I don't even remember how I found them :-). I added that link to pinboard in November, 2019, so they've been around at least that long.

But by all means reach out to me if you've got a winning options strategy :-) or want freelance data-mangling or web stuff done (I'm retired, I'm a pretty good programmer) to get there.

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