Exercising early only makes sense in some pathological examples that do occur but practically never happen. In general, very loosely, a put is worth something for the hedge plus the amount you could get for exercising it right now. Thus, if you want to exercise it right now, you just sell it and get the hedge premium.
Also, the current VIX is the same as January of 2020. If you believe the current state of the world is less certain than the outbreak of a global pandemic, I have some options to sell you.
Yeah, misspoke, I meant selling the option, not exercising.
> Also, the current VIX is the same as January of 2020. If you believe the current state of the world is less certain than the outbreak of a global pandemic, I have some options to sell you.
I don't know if it's more volatile, BUT it it has shot way up since yesterday, and it doesn't seem too weird to think that it will go down to the numbers we had yesterday.
This has been observation about the internet. Growing up in a small town without access to advanced classes, having access to Wikipedia felt like the greatest equalizer in the world. 20 years post internet, seeing the most common outcome be that people learn less as a result of unlimited access to information would be depressing if it did not result in my own personal gain.
I would say a big difference of the Internet around 2000 and the internet now is that most people shared information in good faith back then, which is not the case anymore. Maybe back then people were just as uncritical of information, but now we really see the impact of people being not critical.
> having access to Wikipedia felt like the greatest equalizer in the world. 20 years post internet, seeing the most common outcome be that people learn less
when wikipedia was initially made, many schools/teachers explicitly denied wikipedia as a source for citing in essays. And obviously, plenty of kids just plagerized wikipedia articles for their essay topics (and was easily discovered at the time).
With the advent of LLM, this sort of pseudo-learning is going to be more and more common. The unsupervised tests (like online tests, or take home assignments) cannot prevent cheating. The end result is that students would pass, but without _actually_ learning the material at all.
I personally think that perhaps the issue is not with the students, but with the student's requirement for certification post-school. Those who are genuinely interested would be able to leverage LLM to the maximum for their benefit, not just to cheat a test.
If you cross into the US at a port-of-entry and are admitted as a visitor then you are good whether or not you took Melatonin supplements. If you enter illegally or associate with people who entered illegally, don't be surprised if you are caught up in a raid. However, even if you get detained, if you have no criminal history, you will get released after arrested because there are no more beds [1].
Seriously though, if you are going to make a cheeky reference to race, at least get the reference right. Melanin is responsible for darker skin [2].
I'm not Peter. IANAL so do your own homework. However, I have been on TN visas for almost a decade.
1. Once you enter the US on a work visa, you are only authorized to work under the restrictions of that visa which are normally tied to a single employer. The "I was working remotely for a Canadian corp" does not fly legally speaking. Wherever your feet are are "where" you are working. That being said, one little known thing about the TN visa is that you are allowed to have multiple of them issued for multiple employers. If you get one from all of your clients, you can continue working for those clients while you are in the US. Practically speaking, they cannot tell you are working remotely and your clients are sending payment to the Canadian corp. However, if audited, do not expect to ever be allowed back into the US.
2. Anyone can start an LLC. You do not need a work visa. However, if you do not have work authorization to work for that company, then you cannot legally work on that business.
3. This is going to be a matter of preference and what you classify as flexible. TN visas are very convenient and issued at the port-of-entry which makes them quick to process. They are also indefinitely renewable and multiple can be issued for multiple employers. The other visas you mention will take months to process. The rules to transition to E-2 are clear "If the treaty investor is currently in the United States in a lawful nonimmigrant status, they may file Form I-129 to request a change of status to E-2 classification."
4. Consulting is one of the most scrutinized jobs under the TN classification. I do not like being the bearer of bad news but obtaining a Green Card is now a 5+ year process unless you qualify for EB-1 or marry a US citizen which you can get right away. However, you probably do not qualify based on the fact you are focused on consulting. I am not an expert on E-2 visas so I don't know how consulting is treated under that visa but it may very well be your best bet.
Excellent responses. Thank you. I would add that the O-1 and the E-2 are probably the best fits to do consulting work for multiple companies in the U.S. but the O-1 requires a relatively high level of achievement and the E-2 requires a "substantial" investment by (in this case) Canadian citizens (which can include investments by you) or Canadian-owned companies and a business plan that shows the hiring of U.S. workers (citizens and permanent residents) over time.
Yes, many U.S. employers, particularly those who don't want to lose out on good candidates, sponsor new hires for O-1 and E-2 visas. It's less about a "high level achievement" and really more about checking evidentiary boxes: an applicant must meet at least 3 of the listed O-1 criteria and very often for talented professionals at least 3 criteria are within reach.
To clarify, the circuit is almost always 20A with 15A being used for lighting. However, the outlet itself is almost always 15A because you put multiple outlets on a single circuit. You are going to see very few 20A in outlets (which have a T shaped prong) in residential.
How is agreeing not to put tolls on roads built with money that was not yours a dumb technicality? That's literally the interstate system and how the federal government can even attempt to enforce a national speed limit.
This is incredibly misleading. The average price per solar install is $3/W so your 5kWh is probably much closer to $15k. Additionally, "+ labor" is actually 66% of the price of solar in the USA (soft costs + balance of system). Could you do the labor yourself? Of course. Do you have the time and tools? Probably not. Is saying "$2000 + labor" false? Technically, no, functionally, yes. All numbers taken from [1]. These do not include batteries in the install.
we're talking about mexico, not the weirdly over-inflated home solar price of the US. For eg australia is around ~ $1/w installed, and they have high labor costs. It doesnt have to be expensive, the US makes it so somehow.
(I would genuinely like an explanation for why it’s so much more expensive in the US. Australia is not cheap for basically anything - high materials and labor cost comparatively. I don’t understand how solar in the US costs so much more. )
Since Trump’s first term, the US has had 25% tariffs on solar panels from China and a few other countries, which certainly wouldn’t be helping.
That said, the Australia price seems particularly cheap; is that before grants and things? In Ireland, say, it’s typically 1.5-2eur/W before grant (grant is .7eur/W up to 2kW, .2eur/W up to 4kW, capped at 1800).
Actually, the planes from both crashes were Bombardier, a Canadian company. The first one means operated by a US company and the second one refers to a crash in the US.
For Least Squares, you do not even use a hidden layer. Just a single dense layer from input directly to output. You also do not use an activation function (or use the identity activation function). That is, everything that makes neural networks special.
Also, the current VIX is the same as January of 2020. If you believe the current state of the world is less certain than the outbreak of a global pandemic, I have some options to sell you.
reply