Back to the Office for Tech Workers

[an]

[quote=limkotir]
My condolences on your NFLX 2024 call options. Isn’t the theta decay on those options pretty insane, as even if the stock does not move up or down to your in-the-money strike prices? Options are great fun, but I have to have very strong conviction in what I am buying or selling.[/quote]
No need for condolences. You can’t hit it big if you don’t swing for the fences. It’s my play money, so, sometimes you win and sometimes you lose. I’m ready to lose 100% of the $ I use to buy options. As long as I win more than I lose, that’s all that matters.

[sdrealtor]

[quote=deadzone]I doubt you own NAIL, but if you do, enjoy it while you can. These fast rising interest rates are not good for homebuilders, stock market, housing market, etc.[/quote]

Enjoyed it immensely and sold at the open for a very nice gain. Thx

[Anonymous]

[quote=an][quote=sdrealtor]Does that mean they are in the money;)[/quote]
LoL. I really have to thank deadzone for this one. Up 41% so far. Although, like he said, nothing is final till I sell, so, I’ll check back when I do.[/quote]

This comment didn’t age well. Netflix already down to 214 and sinking. Those calls are worth virtually nothing now.

I tried to warn you guys. This market has same feel of 2000 tech crash, you don’t want to be buying the dips now that the Fed is not supporting any more.

[Anonymous]

[quote=an][quote=deadzone]
Then go ahead and buy Netflix right now, what are you waiting for. Opportunity of a lifetime![/quote]
Done[/quote]

[quote=deadzone]

Okay we’ll revisit this later in the year and see how you did.
I did a lot of dip buying tech stocks back in 2000. It didn’t work out well for me.[/quote]

Re-visited, just a few weeks later

[sdrealtor]

[quote=deadzone][quote=an][quote=sdrealtor]Does that mean they are in the money;)[/quote]
LoL. I really have to thank deadzone for this one. Up 41% so far. Although, like he said, nothing is final till I sell, so, I’ll check back when I do.[/quote]

This comment didn’t age well. Netflix already down to 214 and sinking. Those calls are worth virtually nothing now.

I tried to warn you guys. This market has same feel of 2000 tech crash, you don’t want to be buying the dips now that the Fed is not supporting any more.[/quote]

The amount of quotes from you about housing that have aged poorly de-value your comment to virtually nothing. This was play money for him as it would be for me. We’ve made real money doing the exact opposite of what you told us to do

[Anonymous]

[quote=sdrealtor][quote=deadzone][quote=an][quote=sdrealtor]Does that mean they are in the money;)[/quote]
LoL. I really have to thank deadzone for this one. Up 41% so far. Although, like he said, nothing is final till I sell, so, I’ll check back when I do.[/quote]

This comment didn’t age well. Netflix already down to 214 and sinking. Those calls are worth virtually nothing now.

I tried to warn you guys. This market has same feel of 2000 tech crash, you don’t want to be buying the dips now that the Fed is not supporting any more.[/quote]

The amount of quotes from you about housing that have aged poorly de-value your comment to virtually nothing. This was play money for him as it would be for me. We’ve made real money doing the exact opposite of what you told us to do[/quote]

And your commentary isn’t worth the toilet paper I just shat on. Housing market is so strong, what could go wrong? This interest rate thing is over-rated. Bubble? What bubble? It means nothing to the SD market. Everyone wants to move to San Diego and all the best paying jobs are coming here. You can’t go wrong. Opportunity of a lifetime!

But when Stock market and RE crash 20, 30 maybe 40% will that be real money you are losing, or is that just play money too?

[an]

[quote=deadzone]
But when Stock market and RE crash 20, 30 maybe 40% will that be real money you are losing, or is that just play money too?[/quote]
When should I expect a 40% decrease? 2, 3, 4, or 5 years? 20-30% decrease will only take us back to about middle of last year. Need 40-50% to get us back to pre-pandemic.

[Coronita]

.

[Coronita]

[quote=deadzone]
But when Stock market and RE crash 20, 30 maybe 40% will that be real money you are losing, or is that just play money too?
[/quote]

Don’t know, but when more of ones earned income goes into paying for higher gas, food, health, and also a lot higher rent prices, and salary isn’t keeping up with those increases, that certainly is losing money needed for a home purchase, so I’m not sure how folks are going to close the gap on that one. Especially in areas like UTC where students are back in person and need a place to live locally, as opposed to when instructions were remote. I don’t see how return to campus could possiblt be good for housing availability and rent prices specifically near UCSD considering there is a shortage of campus housing….

[sdrealtor]

[quote=deadzone][quote=sdrealtor][quote=deadzone][quote=an][quote=sdrealtor]Does that mean they are in the money;)[/quote]
LoL. I really have to thank deadzone for this one. Up 41% so far. Although, like he said, nothing is final till I sell, so, I’ll check back when I do.[/quote]

This comment didn’t age well. Netflix already down to 214 and sinking. Those calls are worth virtually nothing now.

I tried to warn you guys. This market has same feel of 2000 tech crash, you don’t want to be buying the dips now that the Fed is not supporting any more.[/quote]

The amount of quotes from you about housing that have aged poorly de-value your comment to virtually nothing. This was play money for him as it would be for me. We’ve made real money doing the exact opposite of what you told us to do[/quote]

And your commentary isn’t worth the toilet paper I just shat on. Housing market is so strong, what could go wrong? This interest rate thing is over-rated. Bubble? What bubble? It means nothing to the SD market. Everyone wants to move to San Diego and all the best paying jobs are coming here. You can’t go wrong. Opportunity of a lifetime!

But when Stock market and RE crash 20, 30 maybe 40% will that be real money you are losing, or is that just play money too?[/quote]

Commentary here is worthless to you because you are too weak to take advantage of it. Quite literally almost every one whose been here for a long time has a house now. Many have multiple properties. Rich, AN, Coronita, Barnaby, Sdude, Cdmaengr, CA renter, pokepud, gzz, JPinPB, CBad,Temecula Guy ,Xbox boy and on and on. It’s hard to think of anyone else who doesn’t. Even spdrun owns a place in SD now and he’s the most negative guy who doesn’t have a job and has never even lived here. Everyone but you and reality. You have failed to provide a home

Betting window remains open. Real money available

[Reality]

[quote=sdrealtor] Everyone but you and reality. [/quote]

Why calling me out? Does a mobile home where the owners own the park count? My place will probably not double in value in my lifetime but my monthly nut is set.

I may not own a slew of rentals that I like to gloat about on here but I’m also not an asshole.

[sdrealtor]

[quote=Reality][quote=sdrealtor] Everyone but you and reality. [/quote]

Why calling me out? Does a mobile home where the owners own the park count? My place will probably not double in value in my lifetime but my monthly nut is set.

I may not own a slew of rentals that I like to gloat about on here but I’m also not an asshole.[/quote]

Absolutely counts! My apologies as I thought you were in his company but you are not. Congratulations on taking the steps to secure your future. That just leaves him. The cheese stands alone

[Anonymous]

Sell of in tech stocks continues today, Nasdaq plowing through the March 52 week lows.
So as it relates to this topic, yes it will be interesting to see how much leverage tech workers have to demand permanent WFH in the future as the industry goes into recession.

[Anonymous]

And the tech layoffs have already begun. Just saw the ticker for Robinhood laying off 9% of workforce. This trend will get much, much worse in the coming year. And the big FAANG companies will be among those laying off.

Good for RE values? I think not.

[Anonymous]

And Google cratering after hours with bad earnings report.

[Author]

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