FARUSDT
FAR / Tether USD
crypto Composite

TLDR:
Basically:
1. Buy in the money
2. Buy far into the future
3. Do your own due diligence
But with a lot more flavour;
——————
I just want to open, by saying I’m no Gordon Gecko, there’s no course involved, and I probably know only as much as the rest of you in here, if not less.
I’m new to this shit myself and have recently been transitioning from theory to practice with my first few options trades.
These are three “foundational” lessons I’ve learnt that have genuinely helped me out, and applying them will greatly limit your losses, or even make you money.
1. Always buy ITM. You’re new? You’re starting out? Great, then you got no business looking at out of the money options. If you can’t afford the premium, you have no business trading it. That’s rule 1. Always buy ITM.
2. The further the expiry, the happier you will be and the better you will sleep at night. If you got hair, don’t lose it, give yourself as much time as you can. If you’re bald, you don’t need veins popping out, give yourself time. The further the expiry date, the greener the pasture or some wise shit like that. Buy ITM, buy FAR.
3. Due diligence. Due diligence. Due diligence!
Many of you starting out (myself included at first), first go on the options page of their broker, look up S&P or QQQ, navigate to the contracts table and go “hmmm what do I buy”?
This is regard\* behaviour. This is backwards. Options trading is not : “Look at Contracts table on QQQ” -> look at Greeks -> “tEcHnIcAL aNaLySIS on greeks only” -> decide on a contract.
If you do this, you WILL lose money.
Here’s how it should really go:
“You have a directional thesis on a company” -> “you go research your idea and deem the likelihood of it” -> “you make your bet. - x date at y price -“ -> “THEN and only THEN do you fucking go on your brokerage account, see the options for that specific company, and buy the contract that corresponds to the BET that YOU independently made and researched”
X date, at x price. That’s all a contract comes down to. You are saying that you will buy 100 shares of any given company at x price by or at x date. It gets more complicated, but you won’t ever get to those complicated parts if you can’t first understand and internalize these basic concepts.
The sooner your bet happens, the more money you make. The further out your expiry date is, the less “rent” you pay on holding the contract and short-term volatility won’t hurt you as much (fact check me on this one though please, don’t actually remember tbh).
Good faith research, industry specific reports, data sets, THESE are the shit you base your research on, not joe shmo on youtube, reddit or instagram.
Do your own due diligence, I won’t straight up give ya’ll how exactly I pick my plays, but it’s honestly not hard to figure out. One hint: screeners are your friends.
Read real investment books. Long directional bets kinda depend on strong fundamentals analysis as well as technical. Use technical analysis the way law enforcement uses lie detectors lmao (they still build a real case regardless).
Honestly there’s a lot more that goes into it and I’m not doing it all justice, I’m still learning myself, but ever-since I started living my own rules, I’m starting to see way more green than red.
Read these, understand these, and if you’re really out there buying your first contracts trying to learn this game, save the 0dte shit for when you know what you’re doing. Start smart. There’s no honour in posting loss porn, we work hard for our money.

Everything about China's AI rollout has been superior to the American approach, because it isn't being run by a bunch of stock-pumping dipshits. They've passed legal protections that employees can't holistically be replaced by LLMs. They've allowed their models to be run on independent hardware, for free, to naturally create efficiencies in their economy (where it makes sense, not pushed by snake oil salesmen who think it's going to be digital god next year).
Capitalism does not & has never had a monopoly on the idea of markets. I agree with you that there is nuance here which gets glossed over in most discussions, but imo it's impossible to argue that China isn't playing their LLM cards FAR better than the shortsighted American companies selling proprietary, centralized solutions.

You forgot that it’s 1.25 trillion SO FAR. The datacenters will need to be replaced in 3 years time… no infrastructure humanity build had such a short time span. Humanity had several of these periods in time where we would spend way more than would come in…but those projects lasted between 25-100 years
(25 years before internetcables etc need to be replaced, around 40-50 years to renew roads, around a 100 to renew train tracks. But those time frames made it possible to get a return on the money. That is impossible now)

> HOWEVER, it's VERY RELEVANT in the context of showing the Luke has NO QUALMS operating FAR outside of consensus for a variety of things, including Catholicism.
it seems this can be explained without need to bring in religious views, doing otherwise just looks less professional, and makes everyone involved look more unfriendly

**SOLD SO FAR:**
Asahi Year of the Dragon
2024 Asahi Dragon
TD Bank Year of the Divine Dragon Colorized

I generally agree that religious beliefs are irrelevant.
HOWEVER, it's VERY RELEVANT in the context of showing the Luke has NO QUALMS operating FAR outside of consensus for a variety of things, including Catholicism.
That's one of the points I attempted to hammer home last year in this post: https://blog.lopp.net/knot-a-serious-project/

Meesho is literally telling you how payments work… if you read between the lines
Accepts Amex / Credit Cards / UPI
Gives ₹20 discount on online payment (₹175 → ₹155)
Charges ₹20 EXTRA for Cash on Delivery
Now ask yourself — why would they penalise COD and reward online?
Reality of payment economics:
MDR cost (what Meesho pays):
Credit cards: \~2–3% (Amex even higher)
UPI: \~0–0.3%
Even after paying this, they still push online payments.
Because COD is FAR more expensive \~
Cash handling risk\~
Cash can be lost, stolen, or mismatched. No such issue in digital payments.
Settlement delay\~
Online → instant confirmation
COD → money comes after 2–3 days (working capital blocked)
Courier charges\~
Delivery partners charge EXTRA for:
Cash collection
Reconciliation
Reverse logistics
High RTO (Return to Origin)
COD orders have much higher cancellation rates
Customer can simply refuse delivery →
Shipping cost lost
Inventory stuck
Double logistics cost
Fake / low-intent orders
COD attracts non-serious buyers
increases operational inefficiency
Final takeaway:
Even after paying MDR on cards,
Platforms like Meesho STILL prefer:
UPI / Credit Cards >> COD
Because:
COD = logistics + risk + delay + cancellation loss
It’s not a “free service” —
It’s actually the most expensive payment mode in e-commerce.
If you understand this,
you’ll understand why every platform is quietly pushing
“Pay Online & Save More”

TLDR:
Basically:
1. Buy in the money
2. Buy far into the future
3. Do your own due diligence
But with a lot more flavour;
——————
I just want to open, by saying I’m no Gordon Gecko, there’s no course involved, and I probably know only as much as the rest of you in here, if not less.
I’m new to this shit myself and have recently been transitioning from theory to practice with my first few options trades.
These are three “foundational” lessons I’ve learnt that have genuinely helped me out, and applying them will greatly limit your losses, or even make you money.
1. Always buy ITM. You’re new? You’re starting out? Great, then you got no business looking at out of the money options. If you can’t afford the premium, you have no business trading it. That’s rule 1. Always buy ITM.
2. The further the expiry, the happier you will be and the better you will sleep at night. If you got hair, don’t lose it, give yourself as much time as you can. If you’re bald, you don’t need veins popping out, give yourself time. The further the expiry date, the greener the pasture or some wise shit like that. Buy ITM, buy FAR.
3. Due diligence. Due diligence. Due diligence!
Many of you starting out (myself included at first), first go on the options page of their broker, look up S&P or QQQ, navigate to the contracts table and go “hmmm what do I buy”?
This is regard\* behaviour. This is backwards. Options trading is not : “Look at Contracts table on QQQ” -> look at Greeks -> “tEcHnIcAL aNaLySIS on greeks only” -> decide on a contract.
If you do this, you WILL lose money.
Here’s how it should really go:
“You have a directional thesis on a company” -> “you go research your idea and deem the likelihood of it” -> “you make your bet. - x date at y price -“ -> “THEN and only THEN do you fucking go on your brokerage account, see the options for that specific company, and buy the contract that corresponds to the BET that YOU independently made and researched”
X date, at x price. That’s all a contract comes down to. You are saying that you will buy 100 shares of any given company at x price by or at x date. It gets more complicated, but you won’t ever get to those complicated parts if you can’t first understand and internalize these basic concepts.
The sooner your bet happens, the more money you make. The further out your expiry date is, the less “rent” you pay on holding the contract and short-term volatility won’t hurt you as much (fact check me on this one though please, don’t actually remember tbh).
Good faith research, industry specific reports, data sets, THESE are the shit you base your research on, not joe shmo on youtube, reddit or instagram.
Do your own due diligence, I won’t straight up give ya’ll how exactly I pick my plays, but it’s honestly not hard to figure out. One hint: screeners are your friends.
Read real investment books. Long directional bets kinda depend on strong fundamentals analysis as well as technical. Use technical analysis the way law enforcement uses lie detectors lmao (they still build a real case regardless).
Honestly there’s a lot more that goes into it and I’m not doing it all justice, I’m still learning myself, but ever-since I started living my own rules, I’m starting to see way more green than red.
Read these, understand these, and if you’re really out there buying your first contracts trying to learn this game, save the 0dte shit for when you know what you’re doing. Start smart. There’s no honour in posting loss porn, we work hard for our money.

Everything about China's AI rollout has been superior to the American approach, because it isn't being run by a bunch of stock-pumping dipshits. They've passed legal protections that employees can't holistically be replaced by LLMs. They've allowed their models to be run on independent hardware, for free, to naturally create efficiencies in their economy (where it makes sense, not pushed by snake oil salesmen who think it's going to be digital god next year).
Capitalism does not & has never had a monopoly on the idea of markets. I agree with you that there is nuance here which gets glossed over in most discussions, but imo it's impossible to argue that China isn't playing their LLM cards FAR better than the shortsighted American companies selling proprietary, centralized solutions.

You forgot that it’s 1.25 trillion SO FAR. The datacenters will need to be replaced in 3 years time… no infrastructure humanity build had such a short time span. Humanity had several of these periods in time where we would spend way more than would come in…but those projects lasted between 25-100 years
(25 years before internetcables etc need to be replaced, around 40-50 years to renew roads, around a 100 to renew train tracks. But those time frames made it possible to get a return on the money. That is impossible now)

> HOWEVER, it's VERY RELEVANT in the context of showing the Luke has NO QUALMS operating FAR outside of consensus for a variety of things, including Catholicism.
it seems this can be explained without need to bring in religious views, doing otherwise just looks less professional, and makes everyone involved look more unfriendly

**SOLD SO FAR:**
Asahi Year of the Dragon
2024 Asahi Dragon
TD Bank Year of the Divine Dragon Colorized

I generally agree that religious beliefs are irrelevant.
HOWEVER, it's VERY RELEVANT in the context of showing the Luke has NO QUALMS operating FAR outside of consensus for a variety of things, including Catholicism.
That's one of the points I attempted to hammer home last year in this post: https://blog.lopp.net/knot-a-serious-project/

Meesho is literally telling you how payments work… if you read between the lines
Accepts Amex / Credit Cards / UPI
Gives ₹20 discount on online payment (₹175 → ₹155)
Charges ₹20 EXTRA for Cash on Delivery
Now ask yourself — why would they penalise COD and reward online?
Reality of payment economics:
MDR cost (what Meesho pays):
Credit cards: \~2–3% (Amex even higher)
UPI: \~0–0.3%
Even after paying this, they still push online payments.
Because COD is FAR more expensive \~
Cash handling risk\~
Cash can be lost, stolen, or mismatched. No such issue in digital payments.
Settlement delay\~
Online → instant confirmation
COD → money comes after 2–3 days (working capital blocked)
Courier charges\~
Delivery partners charge EXTRA for:
Cash collection
Reconciliation
Reverse logistics
High RTO (Return to Origin)
COD orders have much higher cancellation rates
Customer can simply refuse delivery →
Shipping cost lost
Inventory stuck
Double logistics cost
Fake / low-intent orders
COD attracts non-serious buyers
increases operational inefficiency
Final takeaway:
Even after paying MDR on cards,
Platforms like Meesho STILL prefer:
UPI / Credit Cards >> COD
Because:
COD = logistics + risk + delay + cancellation loss
It’s not a “free service” —
It’s actually the most expensive payment mode in e-commerce.
If you understand this,
you’ll understand why every platform is quietly pushing
“Pay Online & Save More”

Who’s exchanging rials for dollars? Seems like the yuan would be FAR more value in exchange.
This is an admitted self-own.

Your approach is completely fine when the direct result isn't a fascist government trying to establish a dictatorship. This is not the current case though, so sticking to your approach enables the FAR worse option to flourish and take over. The fact that you can't grasp that is staggering.

***YOU BOUGHT AT SPOT, THAT’S THE MOST IMPORTANT THING BY FAR***
They are the same thing I terms of weight and purity (well, maples are 9999 and everything is practically is 999, but it makes no difference in terms of $)
Maples are bulletproof. Seen as top tier billion globally , extremely difficult to counterfeit, instantly recognizable to buyers/sellers, they are the gold standard (no pun intended) of silver bullion. That being said, *all* pure silver is worth the same at the end of the day.
I like TD bars, but I don’t really like bars unless they are 10oz+. That’s strictly personal preference. That’s kind of a fun aspect to stacking. It’s purely economical on one hand, but you can do it your own way and get really deep into all sorts of producers, sizes, vintages, etc. Or you can avoid all that.
You didn’t make a mistake at all. Now it’s just a jumping point to learn more about it all. Congrats on your first ounce!

Anyone on the fence about the ‘23 Liberty: if you’re a chronic gazer at your pieces (meaning you pour a glass of wine and spend at least 30 min deliberately staring at some of your pieces under magnification) I can tell you this piece absolutely checks all the boxes. I originally didn’t think I’d love it compared to the others in this lineup (Sunflower & Bronco), but can tell you it’s FAR more enjoyable than expected. Of the three, it’s probably the most ‘boring’ at a glance, but gotta say it’s worked its way up my personal list as to enjoyability under magnification. Sorry for long comment, GLWS!

Im really digging all the drama in the WNBA.
Its far FAR better than the games themselves.