Saturday, July 9, 2016

Socrates quotes and options

“Life contains but two tragedies. One is not to get your heart’s desire; the other is to get it.”
Socrates
Or maybe more like stock options and puts ie
Get what your heart desires=> buy call=>market goes up=> good to you, collect upside minus call premium
Get not what your heart desires=> sell call=> market stays flat or down=> good to you, collect call premium
Get what your heart detests=> buy put=> market goes down=> mildly bad, lose call premium but not shirt
Get not what your heart detests=> sell put=> market flat or goes up=> good to you, collect put premium
Where heart desires implies market goes up
and heart detests implies market goes down

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