OOC Raves

Tysandr

Finished 10 days of work.

Contentment.

Exelethril

Found out I'll be moved into a private smaller room/office, which means I can mess around on Achaea during work hours again 

Achilles

2017 was a year filled with peaks and valleys for me.  As a whole I learned a lot about myself and I have a lot to build off as a friend, brother, uncle, professional and a whole lot more.  I hope to be a even better version myself a year from now and I wish you all the same.  Cheers, gan bei, salud etc.

2018, I am coming to wreck yo face.

Devran

I have found and rolled on a recently released Vanilla WoW server. It is densely populated (5500 people) and progressing through the patches as original did. And not just raids. For example, the quest hub in Revantusk Village in the Hinterlands wasn't released until patch 1.5 - we're currently on 1.3. So it's not there! (It will be by the time I hit that level though.)

Thus, Turtlefish the Troll Hunter was born. HOWEVER, I would reroll Alliance if there was an Aussie guild there. If not, I'll form one of my own.

Why did I roll on this server when Blizzard has announced official classic servers are being developed? Because I don't want to wait until 2019 for release.

This isn't an advertisement, just a happy rave before I start work here at the office. But if anyone else is keen, let me know. I'll link you to the download for the client and give you the server information.

Alyxeri

Devran said:

This isn't an advertisement, just a happy rave before I start work here at the office. But if anyone else is keen, let me know. I'll link you to the download for the client and give you the server information.

Don't worry it'll be closed down soon just like all the others. Nothing will ever stack up to Gummy's Felmyst Project anyway, in terms of just how well done it was. (R.I.P)

Devran

Alyxeri said:

Devran said:

This isn't an advertisement, just a happy rave before I start work here at the office. But if anyone else is keen, let me know. I'll link you to the download for the client and give you the server information.

Don't worry it'll be closed down soon just like all the others. Nothing will ever stack up to Gummy's Felmyst Project anyway, in terms of just how well done it was. (R.I.P)

I don't want to get into an argument about another game on a rave forum, but Gummy is and was an idiot. If his past history with private servers didn't set off any alarm bells for you, I don't know what to say to you. I said he'd cave in the first week of running as soon as I heard he was setting the server up in New York. I wasn't far off. he lasted what, 3 hours? As for quality, I can't comment. I didn't test it. But I doubt it was better than Kronos, and I've played many, many vanilla servers. And Kronos is still running, by the way.

There are many servers that are still running and in no danger of shutting down, this is one of them.

Exelethril

TSLA was my major play this week, played the IV from their delivery report. The options got IV crushed this morning

[spoiler]
[/spoiler]

Sobriquet

I have zero idea what any of that means.

Exelethril

I shorted (sold) option contracts (iron condors) on Tesla shares based on deviation levels because the market was pricing in a lot of movement (implied volatility or IV) due to a report that they publish on the 3rd day of every quarter, in relation to how many vehicles they've built/delivered.

Tesla shares didn't move enough today after the report, so the fall in implied volatility crushed the value of the options. The option contracts I shorted will expire worthless tomorrow at market close (100% profit) if the underlyings don't fall below 310 or go above 325/330. It's a play on time decay (theta), expected movement (implied movement) and probability (deviation levels).

This should paint a better picture

(tl;dr the stuff I sold to other traders are now worth much less after a volatility event because the event didn't trigger enough movement, so I can either buy them back for way cheaper (75% profit) to cover my positions or just let them decay worthless)

[spoiler][/spoiler]

Sobriquet

          

Antidas

Exelethril said:

I shorted (sold) option contracts (iron condors) on Tesla shares based on deviation levels because the market was pricing in a lot of movement (implied volatility or IV) due to a report that they publish on the 3rd day of every quarter, in relation to how many vehicles they've built/delivered.

Tesla shares didn't move enough today after the report, so the fall in implied volatility crushed the value of the options. The option contracts I shorted will expire worthless tomorrow at market close (100% profit) if the underlyings don't fall below 310 or go above 325/330. It's a play on time decay (theta), expected movement (implied movement) and probability (deviation levels).

This should paint a better picture

(tl;dr the stuff I sold to other traders are now worth much less after a volatility event because the event didn't trigger enough movement, so I can either buy them back for way cheaper (75% profit) to cover my positions or just let them decay worthless)

[spoiler][/spoiler]

So, in other words...you sold out high, then the stocks dropped so you now have the option of buying back in low or just sitting on what you have?

Exelethril

It's a directionally neutral play, since I'm short on both calls and puts. The market expectation (implied volatility/IV) dropped but I sold the contracts when the IV was high. TSLA could have risen and I would still be profitable as long as it doesn't cross the 325 strike, which I'm short calls on. Options decay over time and these expire tomorrow at the closing bell, so they lose value rapidly the further they are away from their respective strikes and how much time's remaining, since the probability that they cross the strikes are less and less.

The latter part's correct though, I can cover my positions by buying back the options I shorted for their much lower price now or I could wait for them to expire. The problem with waiting is, if TSLA suddenly makes a wild move and drops below my 310 short put strikes or rallies through the 325 strike, my short positions are now "in the money" (which means I'm in trouble).

Torinn

It's a lot of stock market jargon.  Yeah it sure is.

Dunn

@Cyr cleaned up most of the game. I'm a finisher mang.

Alyxeri

A month after mum got out of hospital from having bowel surgery, and a quadruple bypass, she's finally been given the clear that her heart is functional and healthy enough again to have her stoma surgery reversed. Unfortunately for her, no eating for 12 hrs before the operation and said operation is at 6am tomorrow. She wasn't too pleased at that last bit.

Trey

Always a treat getting to hang out with @Aerek, and it was great seeing @Tahquil again. Slamming back $38 per glass bourbon probably didn't help.

Trey

Trey said:

Always a treat getting to hang out with @Aerek, and it was great seeing @Tahquil again. Slamming back $38 per glass bourbon probably didn't hurt.

Fixed

Aralaya

Finally finished upgrading my PC. No longer will my CPU max out opening Microsoft Word!

Specs for those interested (afaik)
CPU: AMD Ryzen 5 something?
GPU: GeForce GTX 980
16GB DDR4 RAM
Other things I can't remember

Tysandr

When testing triggers, I heart all of the pretty:

Reyson

Holy shiiiit. That was some kind of game in US bank stadium. Next up, on the road at Philly!

Aralaya

From the University I reeeeeally want to go to.

*happy noises*

Xaden

Only another 6 years and you'll be old enough to attend!

All joking aside, I know you were just a wee bit nervous about it, am super happy for you! Well done!

Klendathu

Did my first IRE Mapping Script updates on Friday, submitted my first crowdmap updates today

You too can get involved: https://github.com/IRE-Mudlet-Mapping

Chubbs

Congratz, @Aralaya ! Have fun out there and enjoy the drive.

Dunn

Bit more balanced team play this time! @Cyr and my first win on the desert map.

Cyr

@Dunn is top tier bait. A+

Puxi

Play Fortnite like men.

Antidas

Dunn said:

Bit more balanced team play this time! @Cyr and my first win on the desert map.

Don't have a screenshot to prove it, but queue'd into 1-man squad last night on Erangel. Came out with the win and 15 kills. Felt like a total boss. Never managed to win a 1-man squad game before, let alone with 15 kills.

Dunn

I've got one solo win under my belt. That was a fking rush and a half. My watch was telling me to calm down!

Saeva

Thanks to @Leviticus for going full on Santa Clause at a bunch of us out of nowhere!
I keep pondering what to do with this gift. I feel like a kid in a candy shop!