Stocks and Trading Thread - Channeling your inner Mono

[HVC]

Based on my experience theres a 50/50 chance that answer is incorrect

Seriously?  Google in particular?

Might be a tad facetious but the fail rate for google AI is pretty high for me. It has the propensity to cite reddit of all places.

[HVC]

Google AI answers for itself.

Yes, Google's AI (such as AI Overviews) cites Reddit, often as one of the most frequent sources alongside Wikipedia and YouTube. This is partly due to a partnership where Google trains its models on Reddit content, and because Reddit's conversational and long-tail content can be a good source for AI to remix and cite.

[Admiral Yi]

To be clear, are you talking about cases where you fact checked their answer and found error, or you just think reddit as a source is hinky?

[HVC]

To be clear, are you talking about cases where you fact checked their answer and found error, or you just think reddit as a source is hinky?

Obviously tainted with the bias that the most egregious examples are the ones i remember,  but there have been many cases when I read the ai summary and felt something was off and dived into link or actually wiki articles (with its own caveats) which contradicted what the AI said.

 I blame it on google primarily citing reddit, but there are probably also other flaws. It'd be like it citing languish. Sure, it might pick a minsky post and be pretty spot on, or it might pick me and doom the poor soul looking for data

At this point I don't trust it and I scroll down for a proper links for things I'm searching for.

[Admiral Yi]

Oh Brie God Oh

[HVC]

Oh Brie God Oh

*edit* ohhhhh I just got it. De nada

[Admiral Yi]

 

[Tamas]

I googled the first question, so that would be doable.

Last time I checked you can't have them with European brokers, so sure, if you have a minimum of 25k to risk holding with an American brokerage when you are in Europe, its doable. Do all that for the chance to gamble on options? yeah, no.

[Admiral Yi]

European brokers don't handle options?  Interesting to know.

Squeeze, you'll just have to spectate.

[Baron von Schtinkenbutt]

European brokers definitely handle options, but it's going to be European options on securities listed on European exchanges.  I think Tamas is specifically referencing nVidia options, which I don't think are available in Europe.  Also, I don't know the full ramifications, but I'm not sure the logic of what you posted necessarily works with a European option, which can only be exercised on its expiration date.

[Josquius]

Options are something I understand enough to know not to get involved with them.
Ive seen way too many stories of small payments leading to owing thousands.

To be clear on the AI bubble - my expectation is it has at least another year in it yet.
But it will pop some day.
Rather than buying inverse ETFs stop losses on regular holdings are the name of the game.
Also it's well within the bounds of reason I am way off and it pops tomorrow. Less likely I think is eternal growth.

[Admiral Yi]

Ive seen way too many stories of small payments leading to owing thousands.

This is not right.  If you make a small bet that's all you can lose. 

You might be confusing buying options with selling options. Selling naked calls (you don't own the underlying stock) exposes you to the possibility of infinite loss.

[Admiral Yi]

I don't know the full ramifications, but I'm not sure the logic of what you posted necessarily works with a European option, which can only be exercised on its expiration date.

It works in the case of a true bubble, where the asset craters and never recovers.  The advantage of the American option is the asset craters, you cash out before expiration, then the asset recovers.

[Tamas]

Indeed there is easy access to European options but who the hell wants those.

[Admiral Yi]

Seems to me the bigger problem than option structure is lack of sexy European AI stocks.