wallawe

That's a really good point. I'm pretty sure Robinhood exercises behind the scenes for you on the day of expiration 30-60 mins prior to close to avoid this.

What I just described doesn't require margin. Spreads are "defined risk" trades so as long as you have enough in your account to cover your max potential loss, you are fine to make the trades.

It happen when you use spreads. I have personally had this happen and it's jolting at first but is usually back to normal within hours. Here's how it works:

1. You sell a call credit spread. This is where you sell a call at say $100 and collect premium (let's use $2 for this example), then buy a call at $105 to cap your possible losses.

2. The options expire and the price of the stock is $110. I have lost the maximum amount. I sold a call and collected premium of $2, and bought a call at $105, so my total maximum loss was the difference ($3).

3. Robinhood will settle these assignment after hours, and will for whatever reason show the balance as if you hadn't bought the $105 call protection. So my balance may show a massive loss until the reconcile both the short and the long end of the calls.

I have seen my balance go to -200k before when it was way in the positive before the day ended. This happened to be a Friday and it wasn't resolved until the markets opened the following Monday.

Luckily, I realized what was going on, but many novice investors may not.

Selling call credit spreads has been wildly profitable for me, especially when the stock was around $5. If it runs back up again, I'll probably sell more.

With this methodology you get the upside of likely decline in price without having to pay the massive premiums for puts.

Nothing, but a lot of the web dev community feels like we've gone overboard in terms of bloated CSS frameworks and this is what I perceive to be a reversion back to the basic ability to style a document without much need for writing and learning CSS or the frameworks themselves.

Did you try the new UI? It's a lot better but you may have to opt in

It's amazing how few people recognize this. Unintended consequences of government policy in both cases. "Everyone deserves a home" said GW back in the early 2000s. We've now seen the exact same thing play out in the education system. Of course as soon as the government gets in the business of providing/guaranteeing loans, the cost of tuition skyrockets. Why wouldn't they raise prices?

Sure, here's a clip: https://www.youtube.com/watch?v=HrYWkVmBgf0

Well, this is refreshing. Congrats and keep your attitude of gratitude, it will serve you well.

From wikipedia[0]: "Electronic Arts announced it was acquiring PopCap for $650 million with an additional $100 million stock option."

He's probably got enough runway for a couple centuries..

[0] https://en.wikipedia.org/wiki/PopCap_Games

He was ousted from the company, what do you mean no consequences?

I've noticed this for a few companies as well (https://www.keyvalues.com comes to mind).

Don't get me wrong it's a great company for the founder and maybe a small team, but there's no intent to grow it massively. The founder has even said so.

Not sure why YC makes those exceptions sometimes.

I was just thinking the same thing! passed it along to our team to change out anyhow

The best way I've heard it put, is that good UX isn't automatically knowing what to do the first time you interface with something. It's doing it once and then it feeling intuitive every time after.

Maybe it could be attributed to the fact that the majority of HN users are male while the majority of Pinterest users are female. Interesting observation

how do you determine that if not at what the market sets it at?

> In Tourney play, the top 2 or 3 players get paid out

Or top 2 or 3 thousand... depends on the tournament but it's usually the top 15% ish.

To add onto this, some players that truly abide by the GTO strategy will use a prop, for example a watch, to determine what play to make.

If you want your perceived range to be balanced and make x play 50% of the time and y play the other 50%, you look at the watch and if the second hand is in the first 30 seconds, you make x play, 30-60 seconds, y play.

That's just an example but your point is 100% accurate.

I was a customer of one of your competitors (bond.co) who just recently shut down operations, though I'm not sure why.

Would love it if there was an API integration, so that I could automate the delivery of handwritten cards. Do you have anything like in the works?

https://lob.com probably has what you're looking for. I've used their service for awhile and it's amazing.

I'm sure they did tons of testing on the experience, but I'm not a huge fan of the Apple Pay button being up top and appearing so prominent.

My guess is that the vast majority of people won't end up using Apple Pay, so from a UX standpoint, I don't understand why it's above the credit card content as opposed to below.

My guess is that they worked out some kind of lucrative partnership with Apple.

This refrain is so tiring. There exist tax laws. They follow laws and pay the taxes they are supposed to. You can dislike the tax laws on the books but to expect that a company is going to willingly pay more than the law requires is absurd.

In what world is this not the case? One without a search engine at all?

Any world where a search engine exists, people are going to try to do what ranks best. I would argue the world is better with a search engine (and these side effects) than without one.

Thanks so much, I love the pattern in the second link you shared

This is great, thanks so much

Can you point to any writeups on this? Would love to reduce the boilerplate a bit, while still needing a global state management tool for a smaller app.

Email is a very solid way of maintaining contact with the people who are interested in your products, so I would encourage her to put strong emphasis on building a list if she hasn't already.

This could be helpful in the event that another channel fails.

> If I buy a house in a neighbourhood that is zoned single family residential, Am I an "inefficient incumbent" because I expect that over the mid-to-long term it will stay that way?

The incumbents I was referring to are clearly hotels and taxis. But I think it's also important to point out that I wouldn't presume to tell you who to rent to or for what duration since you own the home and it's your property. AirBnB is merely a facilitator of that transaction.

If you don't own the property, that's different story.

It sounds like you're conflating common law with industry regulations.

If I'm a fisherman in Florida, and I need to follow regulations for the fishing industry there, they don't have a stipulation that you can't discriminate against certain persons based on age, raced, gender, etc. when you take customers out on expeditions.

Why? Because that's covered by United States law.

Yes these things happened, and yes they are atrocious but they have nothing to do with the regulatory gray areas that these companies operated in.

AirBnB and Uber are both examples of companies that were huge wins for customers/consumers. Just because they flout regulations which are often times outdated and unnecessary (re: protecting inefficient incumbents) doesn't mean they aren't doing what's good for the consumer.

I agree though that Robinhood is a different story with potentially harmful consequences for unsophisticated investors looking for a safe/easy investment.