note that a naked put can be risky but at least the risk is capped. the contract specifies a specific number of potatoes at a specific price so at least you can't be in the hole for infinity dollars unlike the reddit monopolized potato scenario. at most you just sell a kidney.
-
Show this thread
-
when combined, options allow hoomans to have some degree of control over the future. this is their MAIN strength, the ability to think into the future and plan for and around it vs animals which always live in the now.
1 reply 0 retweets 0 likesShow this thread -
it can become degenerate though because the more one projects into the future the more one takes over the Act of Creation and the more one encroaches on God's Domain.
1 reply 0 retweets 0 likesShow this thread -
like if suddenly for some reason my planning creates a world that's drowning in corn i'm forced to rework my world to use all the corn. like turn it into sugar and put it in all the food even though it's not healthy for the hoomans and gives them the diabetus.
1 reply 0 retweets 0 likesShow this thread -
when planning for the future becomes TOO accurate it tempts one to overly commit to a "sure thing" w so many resources that the plan is Too Big To Fail. everyone just agrees to rip up the contracts b/c everyone signed it directly or indirectly. *cough* 2008 *cough*
1 reply 0 retweets 0 likesShow this thread -
the reasons are many. one is that the real world is messy and 3-body-problem-like with internally emergent black swan behaviors as well as externally imposed ones. another is that when projecting too far into the future it's hard to feel responsibility or connection w the thing
1 reply 0 retweets 0 likesShow this thread -
government projects tend to lack quality and efficiency b/c they both tend to be larger scale and don't create a connection between the creator and the creation. Big Boy Projects where the Big Boy pretends to be God tend to be plagued by Plagues.
1 reply 0 retweets 0 likesShow this thread -
those who can buck this trend are revered as heroes or miniature gods. it's like they can see into the future with a God's Eye. they are hailed as prophets who will lead us into the future.
1 reply 0 retweets 0 likesShow this thread -
(though imo in order to avoid false idols it's good to apply some anthropic reasoning. at any given moment there will be ppl going stubbornly and willfully in every direction. there's always going to be someone who is aligned very well with where the world is going.)
1 reply 0 retweets 0 likesShow this thread -
for every hero hailed as such, many more die in obscurity despite them acting from the same core principles. (reasoning from first principles, refusing to conform to arbitrary social conventions, unappreciated gifts, etc...)
1 reply 0 retweets 0 likesShow this thread
TPR: options trading, cats, and potatoes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.