Look at HER now

Lets Go Mets

25 years ago last night I was 6 years old. And with my dad I watched the Mets win the 1986 World Championship. It was a nice memory. I remember he jumped up in the air and banged his head on the ceiling fan. I didn't go to the parade but he did. He cleaned up after too. Worked for Dept. of Sanitation. He said he was never happier than that day to clean up a big mess like that. Compared to the NYE Times Square cleanup this was heaven. It's been awhile since the Mets won anything other than a division or wild card here and there.

Been too long. Happy Anniversary 86' Mets.

Nuts

This is. Well..... this is just nuts.

Dressed for Dinner from adam kimmel on Vimeo.

Like a boss

Gnocchi in brown butter.

have you ever wondered?

How much shrimp would I have to eat at Red Lobster's "Endless Shrimp for $15.99" promotion to make it a net financial loss for the restaurant?

Answer: I work at Red Lobster. I don't know the specifics anymore, but our discount is huge. A big savings comes from the fact that all the shrimp is farmed, peeled, and prepped in Asia. It comes to the stores already breaded or with the sauce frozen to the shrimp puck. The Mexicans just drop it in the grease...

So Basically like 200 shrimps minimum. doubt anyone other than Joey Chestnut can bankrupt a Red Lobster on this deal.

"the Mexicans just drop it in the grease" is priceless.

Spreads

An Option spread, the way i remember this stuff is by using these initials. ESSD.

Equal number of options
Same Class
Same Underlying Stock
Different strike or expiration

It's a buy and sell of the option so short call, sell and long call buy. Written and purchased on the same stock, same amount with a different strike or expiration date.

Two calls is a call spread, two puts is a put spread.

There are many spreads to do and most investors stick to basics, few however use exotic spreads.

Basics are bull and bear spreads. Bull meaning the object of the strategy is to have the underlying stock go up in value whereas the bear spread is the opposite.

Debit spreads and credit spreads are also basic strategies used.

The margin requirement on any spread is simply the same as a naked option. So whichever side is the sell would be the naked part and that's where you'd figure the option requirement. so 20% of the underlying stock price plus premium.