kjacksonp
| Favorite team: | South Alabama  |
| Location: | Mobile, AL |
| Biography: | Only LSU before Duke |
| Interests: | Reading, writing, theology |
| Occupation: | Physician/Neonatologist with a J.D. for other stuff |
| Number of Posts: | 1087 |
| Registered on: | 12/18/2006 |
| Online Status: | Not Online |
Recent Posts
Message
35 and 35
Lost them in mid-life; miss them both
Lost them in mid-life; miss them both
0
re: Buying LEAPs on QQQ and SPY
Posted by kjacksonp on 10/27/25 at 3:55 pm to makersmark1
If you look at two year spans and stick to ETFs like SPY, QQQ, and some others, its very hard to find a period where there was a two year loss. If one buys out of the money but greater than two years out, I think there is a reasononable (greater than 50%) chance of gaining some appreciation in the price of the option. Not expecting to exercise it; that is, not expecting it to reach the call price frequently, but with some modest upward moves in the market the options can be sold at a profit and rolled into a later expiratioin date.
But what dio I know? I have risked about 20K doing this and have made aboiut 20K over all this year, BUT a major downturn would probably wipe most of that out. Not claiming to be an expert, just trying to see if others have looked at those long term curves and LEAPs.
But what dio I know? I have risked about 20K doing this and have made aboiut 20K over all this year, BUT a major downturn would probably wipe most of that out. Not claiming to be an expert, just trying to see if others have looked at those long term curves and LEAPs.
For QQQ, when the ETF was in the 450 to 500 range I was buying Jan '27 740 calls; and for SPY (I forget the ETF price at the time) I have been buying December '27 calls at 900.
QQQ calls were 800l, now 2300
SPY calls were 402, now 1000
On the calendar year I am up about 13700 including some profits from puts that I bought after big run ups, and sold after correction.
I realize the risk of a downturn keeping them from ever reaching the strike, but more leverage this way and defined risk.
My primary funds are managed by investment folks so this is "hobby" investing.
QQQ calls were 800l, now 2300
SPY calls were 402, now 1000
On the calendar year I am up about 13700 including some profits from puts that I bought after big run ups, and sold after correction.
I realize the risk of a downturn keeping them from ever reaching the strike, but more leverage this way and defined risk.
My primary funds are managed by investment folks so this is "hobby" investing.
Buying LEAPs on QQQ and SPY
Posted by kjacksonp on 10/27/25 at 10:39 am
I have been buying 2027 call options about 250 out of the money on both ETFs. Looking at their curves over 5 year periods, there is a strong trend to gain over 2+ years. Low, defined risk and substantial gain in a bull market, but can wait out dips and still profit.
Any thoughts on this approach from people who are actually knowledgeable and not an amateur like me?
Any thoughts on this approach from people who are actually knowledgeable and not an amateur like me?
re: 30 years ago tonight Gerry DiNardo and LSU helped "Bring back the Magic"
Posted by kjacksonp on 9/16/25 at 6:47 pm to I-59 Tiger
We were there. Great atmosphere.
re: If you could go back 20 years what would you do differently?
Posted by kjacksonp on 7/13/25 at 6:42 pm to SquatchDawg
I would have begun to buy real estate outside of my personal residence back then. The combination of rental income and asset appreciation over 20 years would have greatly increased my net worth.
I put every dime I could into state retirement and then a 403B and that has been fine, but putting small amounts toward real estate would have been a wiser path.
I put every dime I could into state retirement and then a 403B and that has been fine, but putting small amounts toward real estate would have been a wiser path.
re: What era was peak Tiger Stadium?
Posted by kjacksonp on 6/27/25 at 1:53 pm to moock blackjack
It was 1959
Starting pitching is solid. Middle relief has been erratic with a poor K to W ratio. Our best relief pitcher is now a freshman starter, and the other relief pticher (Cowan) has been rung up of late.
That will work in a regional or a super most of the time.
At the CWS, if they were to lose early and have to play 4 or 5 games BEFORE the championship series, they will not do well.
And the offense is partt of the problem because it has not been nearly as productive agains SEC calibar pitching as in pre SEC.
If we make it to the CWS, I think LSU plays 2-4 games and is out.
Not their year. I hate that, but i cannot see them winning it all.
That will work in a regional or a super most of the time.
At the CWS, if they were to lose early and have to play 4 or 5 games BEFORE the championship series, they will not do well.
And the offense is partt of the problem because it has not been nearly as productive agains SEC calibar pitching as in pre SEC.
If we make it to the CWS, I think LSU plays 2-4 games and is out.
Not their year. I hate that, but i cannot see them winning it all.
re: How many SEC wins do we get in baseball?
Posted by kjacksonp on 3/10/25 at 4:00 pm to PennsTiger
16. Good bats and fielding. Not yet confident that pitching is on the same level overall. Lot of young players--talented, but inexperience still shows up at times, usually the worst times.
re: What is the most tragic event in LSU history?
Posted by kjacksonp on 11/18/24 at 5:58 pm to TexasTiger08
Bo Rein was my first thought, along with several others mentioned.
I guess, also, Pete Maravich dying so young from a congenital heart problem that should have kept him from ever playing.
I guess, also, Pete Maravich dying so young from a congenital heart problem that should have kept him from ever playing.
re: Truly depressing era of LSU football right now.
Posted by kjacksonp on 11/18/24 at 10:06 am to Draco Malfoy
You must not remember Curley Hallman if you think this is depressing.
re: How many days u doing vegas, and how long you are you staying after the game?
Posted by kjacksonp on 8/4/24 at 3:44 pm to TheosDeddy
My two sons and I: 29th to the 2nd. Venetian.
Celebrating 75th, 50th, and 45th birthdays. And hopefully the first opening day win in a while.
Celebrating 75th, 50th, and 45th birthdays. And hopefully the first opening day win in a while.
Billy Cannon, followed by Bert Jones and Casanova.
I met Cannon when I was about 10 years old at a church banquet at which he was the guest of honor (can you imagine that now).
I picked Bert Jones and his girlfriend up at the Shreveport airport in the early 70's because she was my (then) wife's former college roommate. He rode in the back seat of a '68 Camaro--knees were practically on the ceiling.
I met Casanova in Shreveport when he was interviewing for med school. Nice, almost shy, personality. He ended up dating the same girl that Bert had dated. {She eventually married Hank Williams, Jr. after his accident}
I met Cannon when I was about 10 years old at a church banquet at which he was the guest of honor (can you imagine that now).
I picked Bert Jones and his girlfriend up at the Shreveport airport in the early 70's because she was my (then) wife's former college roommate. He rode in the back seat of a '68 Camaro--knees were practically on the ceiling.
I met Casanova in Shreveport when he was interviewing for med school. Nice, almost shy, personality. He ended up dating the same girl that Bert had dated. {She eventually married Hank Williams, Jr. after his accident}
re: Favorite LSU football game in person experience
Posted by kjacksonp on 5/15/24 at 1:29 pm to pitchandcatch27
Bert Jones to Brad Davis as time expired.
LINK
I had COVID in December for the first time. Very mild, back to normal exercise in 3 days, mild headache, low grade fever for two. That's it. BUT I tested myself until tested negative because of an elderly relative we were planning to visit when no longer shedding virus. 15 days later I tested negative for the first time (testing daily for the last 4 days).
They can change the recs, but you shed virus for 10+_ days, regardless of the CDC, and at levels that are infectious to others for most of that time. People are still having major morbidity, some young with pulmonary emboli, this week as this is released.
I had COVID in December for the first time. Very mild, back to normal exercise in 3 days, mild headache, low grade fever for two. That's it. BUT I tested myself until tested negative because of an elderly relative we were planning to visit when no longer shedding virus. 15 days later I tested negative for the first time (testing daily for the last 4 days).
They can change the recs, but you shed virus for 10+_ days, regardless of the CDC, and at levels that are infectious to others for most of that time. People are still having major morbidity, some young with pulmonary emboli, this week as this is released.
Home team twice vs. Wake
Posted by kjacksonp on 6/23/23 at 11:07 am
Can anyone explain the sequence of home vs. visitor in the Tuesday, Wednesday and Thursday games?
Is it alternating between two teams and then a coin flip in the third game?
Is it alternating between two teams and then a coin flip in the third game?
re: Greatest LSU moment you personally witnessed
Posted by kjacksonp on 6/3/23 at 4:55 pm to SwampyWaters
Bert Jones to Brad Davis, 1972, with one second left and down 10-16. Extra point after time expired. 17-16. 3 minute drive down the field capped by that.
Investment portfolio suggestions
Posted by kjacksonp on 4/14/23 at 1:38 pm
I have an investment portfolio within a university retirement plan. When I retire I will need to move it to another site.
I do not depend on this money for retirement, so willing to be reasonably risk-accepting with the thought that my heirs can benefit on the longer term.
Any suggestions by those in the business of finance and investment for 1) a type of money manager and/or 2) specific companies.
TIA
I do not depend on this money for retirement, so willing to be reasonably risk-accepting with the thought that my heirs can benefit on the longer term.
Any suggestions by those in the business of finance and investment for 1) a type of money manager and/or 2) specific companies.
TIA
re: Question for old or semi old guys.
Posted by kjacksonp on 12/21/22 at 11:29 am to Paul Allen
I saw my first live game in 1956 as a six year old (A and M, lost 6-9).
The most fun I have ever had watching LSU was 2019. '03 was fun, '07 was fun, '11 was fun until the BCSCG. But nothing compares to '19, and I remember '58 also.
The most fun I have ever had watching LSU was 2019. '03 was fun, '07 was fun, '11 was fun until the BCSCG. But nothing compares to '19, and I remember '58 also.
Billy Cannon: only Heisman Trophy winner for LSU in the 20th Century
Popular
20
