As a background, I never gamble and I am not worried about getting addicted to the service. I just know these companies are spending big in marketing budgets to hook people, and for the frugal, there may be a good opportunity to financially gain. How would you approach this?

Context: quit my tech job 2 months ago because I wanted to bet on myself. Spent 6 years working for other people, and finally found the guts to go independent. Never sold anything on the internet, so I've been blown away by the reception.
TLDR: launched info product based on feedback from newsletter readers; generated $22K in last 4 weeks all organically. Most sales came directly from newsletter (~3600 readers at launch, now ~4600).
My first info product, Product Toolkit has generated $22K in sales over the last 4 weeks. This was 100% organic (newsletter + Twitter) and fairly under-optimized.
Sharing what I’ve learned about getting sales, growing newsletter, monetizing depth, pricing above comfort, avoiding anchors, and listening to the right customers:

85% sales came from newsletter

If I didn’t start writing 9 months ago, none of this would have happened. My newsletter began as personal therapy - processing the good, bad and ugly lessons from working at a multi-billion-dollar startup, but has since become a source of value for thousands.
Here's a thread with more stats on where sales came from.
Readers told me what they liked, and Product Toolkit emerged as an in-depth version of what they found most valuable.

UPDATE: Growing newsletter from 0 to 4000+

When the pandemic hit, I had no excuse to not start writing with my free time. I've always enjoyed writing as a medium for making sense of my own life, so I started a Substack newsletter.
I never posted on FB, rarely posted on LinkedIn, and didn't even have a Twitter account. Sharing online was foreign to me, so I wrote in private every week for about a month before I started sharing with friends. The reception was positive, so I then gained the confidence to share in online communities relevant to my topics (subreddits, FB groups). This got me first 1000 subscribers.
I had a few semi-viral articles that were cross-posted on Hacker News and Twitter. One article (about getting an IG offer) got me 600 subscribers. I became more active on Twitter, and whenever bigger accounts told people to follow me, I would get an additional burst of subscribers. I've also started cross-posting content on Medium which has its own built-in distribution. My #1 traffic source is now direct, people coming directly to my newsletter probably through word-of-mouth.
Biggest takeaway: growth starts slow, consistency is key. Love what you make, and it will not feel like a slog.

Monetize depth over breadth

People click on breadth, but pay for depth. Especially true for info products.
Free and abundant information is the norm. But specific information that solves problems for people is rare. It can and should be monetized. Why?
Many people are only interested in the TLDR, but still want to follow along. Some are serious about taking action, and want all the nitty-gritty details. It’s hard for any given piece of content to cater well to both groups.
A free newsletter + paid info product is one way of solving this dilemma.

Which wallet are you targeting?

Because I’m solving career headaches for people, there were two wallets at play: company learning budgets, and personal learning budgets.
People who work at companies with learning budgets are in the first group. To make it easier, I drafted a note for people to expense the product.
Willingness to pay for solutions to career headaches is high. Not only are careers a huge source of stress, but the ROI for shortcuts is massive.
Customer goodwill = value - price. Increasing value >> decreasing price You can add ~unlimited value, but have limited room to slash price. Best to focus on places where ROI ceiling is high Example: I focus on career shortcuts where there is massive ROI

Price slightly above comfort level

Expectations scale with price. My early supporters locked in a lower price and showered me with compliments. This felt nice, but it also limited my ability to improve the product.
Once I priced slightly above comfort level, people were far more likely to share candid feedback. They showed me the path to grow into a higher price point.
This strategy is more stressful, but crucial if you plan on making a more premium product.

Price is anchored by format

You could be offering the world’s most valuable information in a PDF, yet people will have a hard time paying more than $50. A video course or digital tool has a much higher ceiling.
Match your value to the right format.
Example: some customers judged my Notion format. It didn’t feel “high-production” enough for the price point. They were right. I’ve since moved the content into Podia. It's slicker, easier to navigate, and also gives information on completion rates.

Promoters vs. detractors

As you scale, you will draw promoters (love your product) and detractors (opposite).
Second group is the unavoidable price of growth. Better than getting apathy!
Finding patterns between the two groups will help you figure out your ideal positioning. What do your promoters all have in common? How are your detractors different from your promoters?
Example: my happiest customers are people who are new to product and work in relatively unstructured places. There are happy people who don't fit the profile, but the profile is the best predictor of happiness.
Your detractors will ask for a lot. Sometimes, they are simply not the right customer. Once you figure out your happy profile, you can identify which detractors to listen to. Those who are close to the profile are more likely to ask for things that make sense for you. Refund the ones that don’t, and reposition your product so this happens less often.

What’s next?

So far, growth has been 100% organic, and improvements have been 100% based on intuition and qualitative feedback.
Upcoming plans:• Be more data-driven: use tools like Google Analytics and Hotjar• Launch on Product Hunt• Experiment with paid ads• Help customers share what they’ve learned
What am I missing? Any tips on scaling info products?
Thanks for reading to the end! If you found this interesting, you can follow my journey on Twitter, and read more of my writing.

Disclaimer I want to thank everyone for the gilds, replies and suggestions. I just do not have time to reply to everyone, but I am reading everything. I am not sure how much bigger the thread can be, I already typed this but it vanished so I think I'm at the limit. I will try to keep updating, but I don't expect the thread to be up top for much longer and will likely vanish soon, so if you need anything save it.
Yes, it's hard, it sucks, it's depressing. It is something we all have to do if you want to see this virus go. Everyone knows the deal, too many think they're the exception but no one is. However, staying home is hard so maybe I can help at least one or two people with some incentives. I'll try to give links to some things that can help cure the boredom, and some support if you need it.
Most of this might be obvious to some, some might not even have internet and of course, money is a big issue, so I'll try to give some suggestions:
For streaming and on demand things such as Netflix et al, don't forget you can subscribe for free for your first month. This goes for most things in the list. If you are worried about putting in your payment details and forgetting to cancel a month later, don't worry! You can sign up and immediately cancel and you still get your free month!
For people who don't have a smart TV, you can buy a cheap Amazon Fire TV stick or a Roku box. The Fire stick can go as low as £20 often for 1080p. It will drop to £30 for 4k.
I picked up a 4k Roku device for £18 on Amazon once. It's fast and snappy. currently it's going for £33 for the 4k version. Having both, there is little difference between the devices. NowTV also do their own roku powered device.
Subscription based streaming sites that all offer 2-4 weeks free for first timers

• Netflix *According to comments the second month is free.
  
• Amazon Prime You can either get Amazon video on its own, or take prime with other benefits. I strongly urge those who use Amazon for buying off their store front to use [https://smile.amazon.co.uk/] as there is literally no difference except everything you buy amazon donates to a charity of your choice.
  
• Now TV (I believe it's 7 days)
  
• Disney+
  
• Britbox
  
• Amazon channels. I believe you can get all these individually but Amazon offers them as channels bound to your prime account, and they are again either free for a couple weeks (again, take them, cancel instantly) or very cheap. I recently subscribed to Starzplay for £1 for 3 months. It has some good shows on it like Fringe, doom patrol. It also has channels like Curiosity stream and shudder
  

If you have not subscribed to the any of the above, you can get a few months of free TV by signing up and cancelling instantly. I suggest waiting at least 5 minutes just to let it go through the system.
Some tips for Now TV. IF you already have a subscription, I've noticed you can get it cheaper by cancelling. When you cancel they will beg you to stay. Select "I can not afford it this month" and they should beg again, telling you what shows they have. If you say you still want to cancel, they'll beg one last time and offer you the subscription for cheaper. This won't work every month, but I've noticed they'll always offer it the first time, then again after a couple months. If you're subscribed to both films and entertainment do the most expensive one as it may not work both times (but it might!). You can also pick up passes from storefronts a lot cheaper sometimes, before I could pick one up on Amazon for £3 but, they seem to have cracked down on it. If you shop around (or if anyone knows of a legitimate store please let me know) you might be able to pick it up cheaper. Lastly, check their website and under your account they should have an "offers for you" section.
Completely free TV

• Pluto TV
  
• Viki
  
• Roku
  

If you do have a smart TV and/or device, there are some good free streaming apps. One I really love is called PlutoTV. I know this is on both Roku and the fire stick, as well as Ps4/Ps5 and xbox.
Pluto offers a bunch of live channels and now an on demand section, all for free. It has adverts but they are actually short (shorter than regular TV and fewer of them). Some of the channels are just streaming certain shows like Mythbusters 24/7 or Dog the bounty hunter, but it has a lot of old movie channels as well as 24/7 kickboxing and MMA. It also has a 24/7 poker channel I quite like.
Another one I like is Rakuten Viki however, I haven't watched it for a while as my fire stick is only 1080p and I have too many other devices attached. I believe it is on Roku but you have to jump through some hoops and have an account. The last I checked on the fire stick you did not. Viki offers a metric ton of Asian shows, mainly from Japan and South Korea but it does have chinese, Malaysian etc. It has subtitles. Some Japanese shows are hysterical, albeit weird.
Roku also do their own channels with free shows if you own a device.
For those who don't have a smart TV or a Streaming device, you can set up your own computer as a dedicated streaming device with Plex. It's been a while since I used it but I believe it now also offers free movies and TV.
Anime
If you are into Anime there is

• Crunchyroll
  
• Funimation
  
• HiDive
  

The first 2 are free to watch, or offer premium without ads which you can have a trial with. Crunchyroll is the better of the two with more original choice for Japanese voice and subs, while Funimation has more Dubs. I don't believe HiDive is free to watch but you do get a 2 week trial. These are more exclusives than the previous two.
PC Centric software
If you are a gamer or like Audiobooks or anything that uses computers for things like music making, programming or graphic design

• Humble Bundle
  
• Fanatical
  
• IndieGala
  

Humble Bundle offers, as per the name, bundles. A long running site that got bought out by IGN. It offers both single items and bundles you can buy individually/as a pack while also offering a separate monthly subscription for around £8-9. The subscription gives you 12 games on average per month. That's the simplest explanation but it changes somewhat as sometimes you get to pick 10 out of 14 games, or get all 12.
Humble bundle offers more than just games though. Every Tuesday they bring a new bundle of games, while Thursday (I "think) a new bundle of books. They very often have books from the Black Library giving you a ton of Warhammer books. Sometimes it's standard E-books, other times it's audiobooks. A few times a year they do bundles for graphic design, a typical bundle would include programs like Paintshop Pro Corel Painter etc, They usually go for £0.76 for tier 1 up to around £18 for tier 3, which would include 4-6 full titles with 10+ addons. They also often have Music making bundles or video editing software as well as Programming or video game development.
The bundles change often, they usually have around 11 bundles at a time that last for 20 days. Sometimes it's trash but they do often have some very good deals.
Fanatical offers the same as humble bundle except usually not as high quality, but sometimes they do have some incredible deals, and they are very very cheap.
Both humble and fanatical are safe, trusted and been around a long time, and they are NOT grey market key sites. They work with the publishers and developers. You can buy games both old and new for a lot cheaper than you would most other places. Unless it states otherwise, keys are usually for steam.
**BOTH HB and Fanatical (HB much more common) offer free games fairly often. The catch is linking your steam account to them (at least HB). It is safe however.
IndieGala is another site like above. Except, these are much much lower quality. However, they offer a metric ton of free games. Quality is low but it is legitimate, and a lot of free stuff.
Game Store Fronts

• Steam This one is so obvious I didn't add it, but apparently many want me to. It is the best out there, and you can find almost everything, with fantastic deals.
  
• Greenmangaming offers games cheaply. Again, not a grey market site (which are legal but unethical) and they sometimes do bundles.
  
• GoG (Good old games) is a DRM free site run by CDPR, the makers of the Witcher 3 and Cyberpunk. They offer you games quite cheap and not needing DRM (such as Steam, Uplay etc which is less invasive versions of dodgy DRM from the olden days).
  
• Epic Games Despite the controversy whether you care about their rivalry with valve, they offer free games ever week. Without ever having bought anything I have gained over 170 games. literally. Good games for the most part. They often give you £10 coupons as well.
  
• Twitch Everyone knows twitch, but if you don't, it's a streaming service for watching gamers and girls with low cut tops accidentally bending over in front of the game. However, if you're signed up to prime, you get free games each month (and randomly between the set bunch).
  
• Playstation Store Currently has January sales. Currently the free games for PS+ are for PS4: Shadow of the Tomb Raider and Greedfall. For the Ps5 it is Maneater
  
• Games with Gold Bleed 2 and the King of Fighters XIII is available until Janurary 15th whilst little Nightmares is available until January 31st.
  

Gaming Subscriptions
Like the TV versions, you can sign up to these for a free trial (or very cheap). If you do sign up to only one at a time, it should keep you busy for a few months

• Xbox Game Pass You can do this on both/either an Xbox or PC. If you sign up to the regular one, you can get a month (maybe three!) for £1. After you have done that, you can sign up to the premium version for 3 months at £1 a month. Most people know game pass, but you can download a large selection of games for free. The premium version gives you games with gold, allowing you to keep the games forever (but can only play with a subscription)
  
• Ubisoft+ I'm not 100% sure if you get a trial or not. This allows a large collection of Ubisoft titles to play for £12.99 a month. Quite expensive but good if you like Ubisoft titles I guess.
  
• EA Play EA's version. Goes by a ton of names I think, EA Access, EA Play, Origin Access etc etc. There's a couple of versions of this, and it is across all platforms (PS4/5, Xbox, PC) but not sure about the switch. I "think" the premium allows you to play on all platforms, while the cheaper one on a single platform, but I may be mistaken.
  
• PS Now a once terrible service that is now actually very good. Allows you to download some Ps4 games to your PS4/5 and lets you stream a massive amount of Ps2/3/4 to your PC or playstation.
  

There's more like nvidia's service but you need the Shield device which is quite expensive. I'll leave it at that.
Audiobooks & Ebooks

• Audible Not sure what the current deal is but if you are a prime member you can sign up for a trial and get a free Audiobook each month for 3 months. Some warhammer books are 48 hours long, 3 of those gives you a good 100+ hours of listening!
  
• Comixology Another Amazon company, but lets you download some free comics I believe.
  
• Marvel Unlimited No experience with this. ItFuckingWont wanted me to add it. A subscription service for Marvel.
  

Education

• Sign Language BSL here No experience myself, suggested by n21brown and asked for a few times. Didn't know SL was so popular! Listed as "Pay what you can"
  
• BBC's Bitesize here is apparently good for home learning. Again, no personal experience.
  

If you need some spare change
Okay, I don't generally bother with it, but maybe some of this could be useful to you. These are NOT a quick way to make a fortune. These are small things you can do over time for a bit of pocket change

• If you have prime you can get a FREE FIVE POUND GIFT CARD by literally just streaming a song from Amazon music (which is included in prime) here is the details According to the comments it's only for select people, but it's worth trying If the link doesn't work for you just google "Amazon £5 coupon music"
  
• Now, these sorts of sites have been around for years, I haven't used any other than talkInsights which I must have signed up to 10-15 years ago. Basically they send you surveys and you answer them. They are confidential and don't ask for personal details in the survey. You need 2000 points and you get £20. During the pandemic they've slowed down but I probably get around £40 a year. Not much I know, but it's an email followed by a quick survey ticking boxes. Depending on your answer sometimes you get screened out, I'm not telling you to lie but just be consistent with your answers and you should be able to work out how to not get screened. Some emails are only worth 20 points, others 200. It's slow to get to the 2000 but very quick to just answer a few questions.
  
• Apparently beermoneyuk is a good sub to make some pocket change with.
  
• There is also matched betting. I have never done this, I don't have the patience but from what I've read, it's legitimate, it works and you can make a fair amount of cash from it so long as you do it correctly, and there's a ton of guides. I mention this because people stuck at home could get into it and as long as you're careful (I.E not entering in the wrong numbers) it's risk free AND it pisses off the betting shops. It seems people in comments have had success with it. Disclaimer A couple have complained about gambling. This arguably is not gambling. If you are susceptible to addiction do not do it. However, it's argued that there is no fun or buzz in this, and it's a very tedious and time consuming thing. Others argue you can't make the same money anymore (People were making thousands, now only hundreds if that). It's risk free providing you know what you're doing, the risks are user error, such as entering the wrong numbers. Someone pointed out that due to the lockdown, bets could potentially be cancelled due to sport stopping. So use on a side of caution. We're (mainly) adults so I'll leave it up just because this doesn't have the excitement of regular gambling.
  
• Microsoft Rewards This is an easy way to make pocket change doing very little. Most people have a MS account. The rewards program offers you numerous ways to grab points, by playing free to play games, answering small questions (you don't even need to answer most of the time, just open the link and shut it) and by using bing and searching on it. I've gotten 20k points JUST by answering questions over a couple months. There are many rewards but you can grab a £5 gift card for 6k for example, or a month of game pass (and AFAIK you can make points playing the games)
  
• Google rewards Someone mentioned this in the comments. I have not used it, so can not give any input on it. Sounds similar to TalkInsights which I linked. Google states "Complete short surveys while standing in line, or waiting for a subway. Get rewarded with Google Play or PayPal credit for each one you complete. Topics include everything from opinion polls, to hotel reviews, to merchant satisfaction surveys. We’ll notify you when a survey is waiting."
  

That's it for now. I will try to update as I go along. A long post but I hope that it can help some of you with finding something good to do that's free, cheap or a bargain. I do suggest getting prime, especially since you get free music, free delivery, free TV and music and free video games each month. In fact, there's a ton of perks and I feel I've gotten way over the cost investment.
Hope it helps someone at least
PartTimeCrazy said if you bought an Apple product you get 3 free months of Apple Arcade and Apple TV free for a year
fakehunted is upset I didn't mention wanking. Tesco have 225 sheets of Tissue for £0.75!
tale_lost suggested Project Gutenberg for a collection of free E-Books
Learning Language
Unfortunately, I don't have time to check every link listed so I will link the comments:
Togtogtog Gives a lot of links for Spanish

• Duolingo Numerous people have suggested this So I haven't used myself. Thanks to OhHiGCHQ StephanieMecredy & Allorie_95

Board & Tabletop games
Corporal_Anaesthetic has made a list of Board games
ilyemco suggested these
HEALTH
I'm not a doctor! But if you're a smoker, something I strongly suggest is to quit. I struggled for years but in the first lockdown I quit, technically. I haven't had a cigarette since, however, I do that silly thing millennials do. I vape, but, it made quitting extremely easy. I would not have been able to do it if it wasn't for 88Vape They sell extremely cheap liquids at £1 each. You can find these in B&M but you can pick up 25 for £20 or buy your own mix.
Vitamin D deficiency has been said to be a big problem for the virus. I'd suggest (again, not a doctor!) that you pick some up. Tesco do a 3 for 2 deal. So you can pick up 270 tablets for £7.
If you are vulnerable you MIGHT be able to phone tesco and get put on their delivery saver list (currently it's paused but phoning may help. At the very least they might give you a priority slot. I did this for my mum, we didn't shop at Tesco but I phoned for her, and they put her on with no hassle, so she can always get a delivery.
HELP & ADVICE
The lockdown Rules.
Reasons to leave home include:

• Work or volunteering where it is "unreasonable" to work from home. This includes work in someone else's home, such as that carried out by social workers, nannies, cleaners and tradespeople
  
• Education, training, childcare and medical appointments and emergencies
  
• Exercise outdoors (limited to once a day). This includes meeting one other person from another household in an open public space to exercise
  
• Shopping for essentials such as food and medicine
  
• Communal religious worship
  
• Meeting your support or childcare bubble. Children can also move between separated parents Activities related to moving house
  

I want to add, if you are in danger you are also allowed (and must!) to get away from the situation for some reason, BBC seems to have missed this very important thing (or I am blind)

• To flee the threat of harm or violence.*
  
• CoronaVirus Symptoms
  
• CoronaVirus government site You can check your location and how many cases here.
  
• Worldometers Shows cases around the world.
  
• Interactive UK Map Another easy to read map with cases in counties and local area's.
  
• World Health Organisation
  

Support

• Samaritans
  
• Mental Health UK forum on reddit
  
• Link to above's stick post for support outlets
  
• Mindful
  
• Mind.org
  

FOR THOSE SHIELDING YOU CAN CONTACT THE ROYAL VOLUNTARY SERVICE. These people helped my mother with picking up her medicine from the chemist. They were very helpful and went out their way to keep in touch and do it immediately. (It's the only experience I have with them though)
_riotingpacifist wanted these links added, but I simply just don't have the time to vet and check all the suggestions here, so I will link as is:

• https://england.shelter.org.uk/housing_advice/
  
• https://www.goodsamapp.org/
  
• https://vaccinationvolunteers.sja.org.uk/roles/volunteer-vaccinator.html
  
• https://nhsvolunteerresponders.org.uk/getting-you-started-guide-steward-volunteer
  
• https://peoplesmomentum.com/evictionresistance/
  
• https://londonrentersunion.org/
  

Update:
Digital Art
These are Free

• Krita Arguably the best in my opinion. It has a load of options, brushes and a decent UI. It works fantastic with a tablet.
  
• Gimp This is a decent program but last I used, the UI was a pain, and it isn't so user friendly while misses features, but it works, and it is possible to do some incredible creations on it.
  
• Medibang Paint This is slightly geared towards Comics and Manga. I really enjoy using this with my drawing Tablet. As far as I know, it also for regular tablets for Android/Ipad and is free.
  

You can pick up a drawing tablet on Amazon quite cheap these days! Small ones that are just a black slate such as the wacom ones are good but takes some practice to get use to, but very worth it if you can't afford a dedicated drawing tablet with a screen.
Office suit software
A couple of free applications for word processing, spreadsheets etc.

• LibreOffice This has most the average user would need to write their own books or to work from home. There's not a huge amount of difference between the two I'm linking (since I last used anyway) so it's more for preference.
  
• Open Office You can pick this up here and again, like above it's just preference.
  

Music Making
I'm going to direct to matthewharris806 for some links as all the programs I've used like Reason are expensive, or cheaper stuff in bundles such as Magix software.
Games development
D_Dad_Default gives some links for that here

Game Information

Game Title: Destruction AllStars
Platforms:

• PlayStation 5 (Feb 2, 2021)

Trailers:

• Destruction AllStars - Mayhem Starts Now Launch Trailer l PS5
• Destruction AllStars - Gameplay Trailer l PS5
• Destruction AllStars - Announcement Trailer | PS5

Developer: Luicid Games
Publisher: Sony Interactive Entertainment
Review Aggregator:
OpenCritic - 69 average - 35% recommended - 18 reviews

Critic Reviews

Ars Technica - Sam Machkovech - Unscored

The good outweighs the bad. Get a PlayStation Plus trial and give this imperfect car-combat gem a spin.

Chicas Gamers - Estela Villa - Spanish - Unscored

Destruction AllStars is a destruction derby with frenetic gameplay and a good foundation for future growth. If you like the style of play, it will give you hours and hours of fun and we hope that over time more game modes will come. A novel bet by Lucid Games that with time could become the next Rocket League.

Critical Hit - Darryn Bonthuys - 7.5 / 10

Destruction AllStars is both new and familiar, but it's a refreshing collection of cars, modes, and madcap driving that shows great promise for the future. A mental destruction derby with some admittedly annoying quirks, there's plenty of charm under the hood of this game that respects your time and smashes into the competition with a gung-ho attitude and some novel ideas.

Daily Star - Tom Hutchison - 4 / 5 stars

Destruction AllStars is a brilliant new addition to the PS5 roster and will brighten up dull February with some colourful car-smashing fun.

DualShockers - Peter Szpytek - 7.5 / 10

Destruction AllStars made me feel like a kid playing with Hot Wheels, it's just a shame how often it falls off the tracks.

Eurogamer - Wesley Yin-Poole - No Recommendation / Blank

In desperate need of depth and content, Destruction AllStars is at least a fun whiz around the corner.

Explosion Network - Dylan Blight - 7 / 10

Hopefully, there's an injection of skins and other items to chase over the next month, and it'll be able to sustain a long-term player base. I'd love to be part of that group as I'm enjoying smashing into cars like never before, but the game needs a better progression system.

Game Informer - Jeff Cork - 8 / 10

Destruction AllStars' frantic blend of bumper-car and on-foot action offers plenty of short-term fun, but the thrills are less thrilling after a few hours

GameCrate - Angelo D'Argenio - 9 / 10

Destruction AllStars may not be a killer app that sells you on a PS5, but anyone who owns a PS5 will be happy to add it to their library. It is definitely one of the best perks of owning a PS5 yet.

GamePro - Hannes Rossow - German - 78 / 100

Destruction AllStars offers innovative multiplayer action without interruptions, but monetization stands in the way of the game itself.

Hobby Consolas - Daniel Quesada - Spanish - 75 / 100

This new PS5 exclusive offers some amusing ideas while taking advantage of the superior hardware, but it's too shallow in content and uses some greedy strategies. Future updates could change the situation, though.

Metro GameCentral - GameCentral - 5 / 10

A fun, uncomplicated romp that's a great way to relax for 20 minutes or so. Beyond that though it struggles to entertain, especially given the grubby approach to microtransactions.

PPE.pl - Matthew Sparrow - Polish - 5.5 / 10

Lucid Games didn't take care of immersive modes or extensive vehicle controls, which creeps into the monotony. The visuals itself will not be the title on the pedestal.

PlayStation Universe - Joe Apsey - 5 / 10

Destruction AllStars is a clunky mess of a multiplayer experience, committing a few cardinal sins when it comes to its online experience and offering uninteresting and dull gameplay most of the time. Each character feels unique and their abilities and vehicles are fun to use, but when meshed with the rest of the experience, it doesn't work. Predatory microtransactions, a lack of lore and backstory into the AllStars, and poor single-player offerings make this the weakest PlayStation Studios title in a long time.

Push Square - Stephen Tailby - 6 / 10

Destruction AllStars can be a brilliantly frantic multiplayer game, with fun characters and cars, great DualSense feedback, and entertaining modes. However, it can ring a little hollow at times when the action dips. Lacklustre customisation options and mictrotransaction-locked content doesn't help matters, but when everything is playing out smoothly, this is more than capable of giving you a good time. Currently free to PS Plus members, it's well worth taking for a spin.

Shacknews - TJ Denzer - 8 / 10

As far as gameshow/sporting event-style games go, Destruction AllStars is maybe some of the most fun I’ve had in a while. I love the pageantry when a match starts and my character does their intro before kicking things off. The visuals are smooth and pristine throughout the fast-paced action and the gameplay in different modes is absolutely delightful. I would like the foot game to be boosted a bit, and it desperately needs some better cosmetics and an easy-access Mute All function, but there’s an absolutely enthralling foundation here in Destruction AllStars. I want to see more characters, more arenas, events… I want to see where Destruction AllStars goes in the long run and I’ll be happy to keep playing as we work our way there.

TheGamer - Sam Watanuki - 2 / 5 stars

I wanted to love Destruction AllStars. I still do. There’s just not enough there to make it worth my while right now. A couple of times, I ran into a weird technical issue where I would jump into a brand-new car, but it just wouldn’t move. I think that issues like this can certainly be fixed in a future patch, though. I also know that the development team of Lucid Games has a year’s-worth of content planned for the game. As such, although I can’t recommend playing Destruction AllStars right now, I do have high hopes for the future of the game. Especially since the car combat genre is ripe for the taking with no new Twisted Metal in sight.

TheSixthAxis - Jim Hargreaves - 6 / 10

The car combat genre has long been out of fashion and still has a way to go if it wants to take us back to its glory days of the 1990s. Destruction AllStars is a mostly satisfying modernisation that has some neat ideas and looks fantastic, though ultimately spins its tyres on repetitive rival-wrecking gameplay and a lack of truly worthwhile content at launch.

Use a Potion - Daryl Leach - 8 / 10

Destruction AllStars’ chaotic vehicular-based combat makes for an exhilarating (and surprisingly strategic) experience that I’ve had a blast playing – I just hope that it gets enough post-launch content and support to keep players coming back for more.
As it stands though, it’s certainly a heck of a lot of fun to play. Sure, there’s some inconsistencies in its scoring here and there and the arenas themselves lack imaginative flair, but between its colourful cast, it’s satisfyingly destructive driving, and its slick visuals, there really is a whole lot to like about Destruction AllStars frantic showdowns.

Greeting Theta Gang boys and girls,
I hope you're well and not bankrupt after last week. I'm just now recovering mentally myself. I saw a few WSB converts and some newbies asking for tips, so here you go. V2 of my Options guide. I hope it helps.
​
I spent a huge amount of time learning about options and tried to distill my knowledge down into a helpful guide. This should especially be useful for newbies and growing options traders.
While I feel I’m a successful trader, I'm not a guru and my advice is not meant to be gospel, but this will hopefully be a good starting point, teach you a lot, and make you a better trader. I plan to keep typing up more info from my notebook, expanding this guide, and posting it every couple months.
Any feedback or additions are appreciated
Per requests, I added details of good and bad trades I made. Some painful lessons learned are now included. I also tried to organize this better as it got longer.
Here's what I tell options beginners:
I would strongly recommend buying a beginner's options book and read it cover to cover. That helped me a lot.
I like this beginner book: https://www.amazon.com/dp/B00GWSXX8U/ref=cm_sw_r_cp_apa_OxNDFb2GK9YW7
Helpful websites:

• Tasty Trade (TT) and Ally Invest have helpful articles and videos.
  • https://www.tastytrade.com/tt
  • https://www.youtube.com/c/tastytrade1/featured
• Ally training:
  • What is options trading? https://www.ally.com/do-it-right/investing/trading-options-for-beginners/?CP=EM2012111
  • Top 10 options mistakes: https://www.ally.com/do-it-right/investing/top-10-option-trading-mistakes/?CP=EM2012111
• 3 common option mistakes: https://us.etrade.com/knowledge/library/options/common-mistakes-options-traders-make
• Common options strategies: https://www.optionsbro.com/basic-options-strategies/
• Investopedia has tons of great investing info for stocks and options: https://www.investopedia.com/
• Kamikaze Cash Theta Gang Videos: https://youtube.com/playlist?list=PLOweupE79XXiBaeH_xBpkUcYUsrAaKQen
• 20 rules of professional traders: https://www.investopedia.com/articles/active-trading/022715/20-rules-followed-professional-traders.asp

Don't trade until you understand:

• You can lose your entire contract value when buying.
• You can lose a lot of money when selling "naked", theoretically unlimited.
• How option expiration works.
• Theta (decay) and how it works. This is imperative since it's attrition when buying and a payout when selling. https://www.optionseducation.org/advancedconcepts/theta
• DTE: Days till expiration/expiry
• Options positions with respect to price:
  • ITM: In the money; strike is below stock value. Signif
  • ATM: At the money; strike is just at or above the stock value, often very highly traded. Can be very effective with moderate - long term expiry.
  • NTM: Near the money; strike is above the stock value, but fairly close. Slightly unofficial term.
  • OTM: Out of the money; price is at least a few strikes from the current stock price. I would say 10-30% over stock price.
  • Very OTM: Not a real definition, this is essentially a lottery ticket. Cheap, but almost certain to expire worthless unless there is explosive movement.
• Understand delta in general and how delta changes with ITM and OTM options.
• Understand all the greeks at a high level, as you get better understand them well. The greeks: https://www.optionsplaybook.com/options-introduction/option-greeks/
• IV, IV crush, and how IV affects pricing. In general, you want to sell when IV is high and buy when the IV is low. Increasing IV is good for held calls/puts. IV drop or crush is generally good for sellers.
• Selling options can be quite beneficial. Once you have a good general understanding, lookup thetagang . Kamikaze Cash has good youtube videos on most theta strategies (linked above). I personally believe selling options (especially cash secured) is much safer and can consistently make you profits. Θ Gang 4 life.
• FOMO and how to avoid chasing a dangerous trend. DO NOT CHASE FROM FOMO!
• What intrinsic and extrinsic value are. Know how they are affected by being exercised/assigned and how theta affects them.
• Understand that some of WSB recommendations are straight up high-risk gambling and factor in the information accordingly. Be careful with Meme stocks and the survivorship bias on YOLO plays. However, I love the sub and think it’s hilarious. It has a lot of valuable information / DD if you are comfortable with the “colorful” language. It’s also great if you like rocket ship emojis.

Basics / Mechanics

• Understand the 4 "main" option types. Buying or selling a call and buying or selling a put. Spreads and more complex multi-legged option strategies are based off these in some way (see below)
• You can sell calls with 100 shares of stock or if you own an underlying longer term option; see LEAPS and PMCCs later. Selling calls naked is incredibly risky and often requires Level 4 (very advanced) permissions and usually a lot of capital. I will literally never sell calls naked since I don't want to ruin my life and end up living in a dumpster eating saltine crackers.
• Puts can be sold/written cash covered (cash secured), which means you have the cash in your account to buy 100 shares. Your broker will put this money on hold until the trade is closed. Puts can be sold "naked" using Margin and Level 3 (with most brokers). Your broker will hold a percentage of cost of 100 shares (often 30-40%, 100% on meme stocks) allowing you to sell more puts. This increases your available capital/power as well as increasing risk.

General Tips and Ideas:

• Don't EVER leave (short) spreads open on expiration day, close them. (more details below)
• Start off trading very small. Slowly build up over weeks / months. You need to get accustomed to a fifty dollar swing a day, then a few hundred, then a few thousand. You need to ensure you don't get emotional (see below). I started trading options with 5k, then 25k, 50k, and later over 100k. I added my own funds over time and used my gains to build my account. Don’t go all in immediately, that’s dangerous and unwise.
• Especially as you build up the amount of money you have invested, keep it diversified among several stocks.
  • Don't go all in on one thing, ever. Be able to take a hit from one stock and not mortally wound your portfolio.
  • A company may be doing great, then there's a major product issue out of nowhere. If you are overexposed in one stock this can really hurt you.
  • I had to roll options I sold that were about to expire completely worthless because FDX's CEO changed and the stock took a hard dip.
• Don't trade emotionally. If you realize you are emotionally trading for vengeance, you should probably exit the trade and cool off for several days with that stock. Same if you get caught up in a wave of hysteria.
• Have a plan for every trade, ideally with entries / exits that are specific values, ranges, or a set condition. This helps remove emotions. This is super important for strong movements and high volatility (see later).
• Use an options profit calculator from your broker or an online one before entering a "new" trade, especially a complex multi legged trade: https://www.optionsprofitcalculator.com/
• “Rolling” an option: Closing your existing option and opening a similar one at different strike and/or expiration.
  • Rolling a call “Up” would be selling a call you own and buying a cheaper call at a higher strike.
  • Rolling a put “Down and out” closes your original one and buying or selling one at a lower strike at a longer expiry.
  • Better broker interfaces have a literal “Roll” button. I know E-trade does. You can manually do it by selecting relevant contract legs.
• If you have a losing trade, re-evaluate it. If your initial assumption is definitely incorrect, close it. Don't stay in losing trades forever and lose the entire value of the option over stubbornness. If you re-evaluate and you think your assumption was right, hold, potentially consider adding another cheaper option (or buy another call / put). Rolling out sold options can help here.
• Don't try to day trade, especially with options. It's statistically unlikely to be profitable. Day-trading with options introduces extra liquidity risks and is dangerous, especially with spreads.
• Try not to over-trade, you'll likely mis-time the market over time. When I get emotional I over trade, then lose additional money on wash sales. If you scale your entries into positions it should help alleviate your desire to exit positions when they turn badly against you. Whenever I buy calls I do it at larger increments after W almost made me loss my hair; luckily it eventually came back.
• NEVER enter a position on a stock you have no idea about, especially when you read about it online or heard about it from some rando.
• At market open options contracts are often volatile and inflated. Buying during this time can be more expensive. Options are usually cheaper mid-day, I read somewhere 2-3PM is cheapest. I’ve had success around 12-1PM EST after prices settle.
• Try wheeling on cheaper stocks once you get all fundamentals down.
• When selling puts if you are very bullish consider "doubling down"; note this is higher risk. Use the credit from your put sale to buy shares or a cheap call. This can be roughly inversed with puts, except I wouldn't ever recommend shorting shares.
• Learn from your mistakes. You can’t go back in time and beating yourself up (to a point) is useless. Make a physical &/or mental note of it so you don’t do it again. If you don’t learn from it, then beat yourself up so you won’t do it again.
• If you have friends that like to trade, I find it helpful to discuss strategies and planned plays. I talk openly with my close friends about my current holdings and planned trades, it helps keep me accountable. If I get a wide-eyed look, I might be doing something excessively risky or stupid. I’ve over-leveraged myself in calls twice and I knew I shouldn’t have done it both times. When I tell my friends what I did and I’m embarrassed, it exemplifies the face that I shouldn’t have done it in the first place. You will also get ideas for new strategies or plays from them. It’s good to stay versatile and use multiple strategies when appropriate. Beware of group think/echo chambers.
• I recommend NEVER telling someone what to buy/sell and when. I’ll tell people MY plays or what I like and why, but I will not encourage them to emulate what I do. Depending on the audience, I’ll tell them my exact positions along with my exit and entrance strategy. With closer friends I’ll offer my thoughts on their trades (if asked). If my friend is doing something really risky (one of my friends does some scary stuff) I may ask them if they want my advice, and provide it, especially if they overlooked a risk/event. I will not encourage someone to execute/enter a trade since it has a high potential for hurt feelings or animosity all around.
• Don’t fall in love with a stock. Just because something made you money before and you have high confidence in it doesn’t mean it will keep performing. I joke that FDX betrayed me when it started dipping and losing me money. I was over-confident of its bounce-back and sold too many puts too quickly. I’m in several losing trades because of it. However, I will keep good stocks in my rostetracking list or try different strategies or re-enter trades when they change their behavior.
• As you start to both buy and sell options and get more experience in general, you'll start seeing the two sides to every trade. You will likely start adjusting your strategies or trying new trades out because of this. Things will likely click one day. Most/all the greeks and options concepts will become almost second nature. For me this was when I could build an Iron Condor from scratch, which was a watershed moment involving a good understanding of many strategies.
• Understand Liquidity and volume.
  • Trading in low volume, low open interest contracts results in wide bid/ask spreads and difficulty having your contracts filled. Look at all the data for a contract, not just the strike and price.
  • Monthly Expiration dates typically have better liquidity.
  • Multi-legged trades (Common examples are 2-legged vertical spreads or 4-legged iron condors) have more difficulty being filled, especially on bad brokers like Robin Hood. Having very liquid options for all legs is extremely helpful in obtaining timely and well-priced fills, which maximize your potential profits.
• Time in market vs timing the market:
  • It is extremely difficult to time the market perfectly. If you wait for the perfect opportunity forever, history has proven you will miss out on gains. Keeping all your money out of the market has proven to be ineffective. Now if there is something serious happening with a stock/the market (like say a new pandemic), don’t go all in. I recommend entering incrementally at dips. If the stock has huge upside potential it may never go down, so it might make sense to partially enter at the current price.
  • IMIO selling puts is a great strategy to get into a stock you like, or at least make money off it. I think buying stock in lots of 100 is usually for suckers. Selling an ATM or ITM put (assuming the math works out) on a stock you were going to buy and hold is ALMOST free money.
  • I recommend keeping some cash available regardless. If you have a very large account or expect a downturn, hedging with indexes like QQQ, SPY, or VIX or calls/puts may be wise.
• Every trade can't be a winner. You will take some losses, you must get used to it. I don’t like having a realized loss of 1K or more on any trade. However, this will happen, especially with larger accounts.
  • As long as you win more often and beat the S&P that year I consider it okay. I’m kind of aggressive, so I consider 20%+ annually good. 30%+ annually is great. 40%+ and I’m dancing. After trading options I am almost baffled by my old belief that 5% annual returns (mostly from dividend ETFs) was “good”. That’s nothing to me now since I’m willing to take risks. Note: While lots of people danced in 2020, realize that’s an insane Bull Run year and is atypical.
  • Adhere to your own risk tolerance and never over-extend yourself, especially with margin use. Don’t make huge gambles leaving you uncomfortable. Only gamble with money you are willing to lose.
  • My personal strategy is to make safer gains for the year and then enter slightly riskier strategies using those gains. I can be slightly-moderately more aggressive and compound my gains. For me I often sell puts to make money, then when I see a big opportunity I’ll sell a put and buy an OTM or moderately ITM call.
• Understand it’s not safe to try and get rich overnight. However, once you hit big “steps” things may start to snowball. You can enter more positions and take more risks if you choose to.
  • For me this when I hit 50k, then 100k. I was able to balance low and moderate risk positions to more significantly grow my account. I’ll even do a high risk thing now and again because my gains can absorb it (assuming I have them).
  • I can’t wait to get to 250K, then 500K. I know it’ll take quite a long time, but I am confident I’ll eventually be able to have 500K and (hopefully) 1M in my non-401k trading account with gains and additions from my job. I can only imagine how “dangerous” I will be with that kind of capital.
• If you missed "the next big thing" like AAPL, TSLA, or the time machine I’m building in my basement. Don't get upset, learn from it. Adapt and become a better trader for next time.
  • Figure out why a company was so promising, before they mooned. Determine how you would have traded differently in hindsight. Apply those lessons to the next company you believe has long term growth prospects.
  • For me that's putting in 1-2.5k towards shares and/or buying LEAPS on it. Depending on my bullishness I may buy “cheap”, fairly far OTM calls. The far OTM options are sort of lottery tickets. If I'm right the (relatively) low cost will have explosive profits; if I'm wrong, they didn't cost that much so it's a calculated loss I’m willing to accept. For more serious bets I’ll buy ITM LEAPS to run PMCCs on. I also like to buy 1-2K in my 401k for very long-term plays.
• The stock market hates uncertainty, it seems to crave the status quo. A shakeup can potential tank a stock, even if it's nothing. With shares you can wait it out, but this can be problematic for options. If you see volatile/uncertain times ahead (politics, disease, manufacturing, earnings, etc.), you might want to reduce your overall portfolio risks or hedge.

Profit Retention / Loss Mitigation

• If selling options, it is a viable strategy to close early after a large gain with many DTE left until expiry. See TT videos / strategies on this.
• Don't hold options through earnings unless you literally want to gamble. I like playing on earnings run ups, but that can be risky.
• If you hold options through earnings, IV crush will happen immediately afterwards, devaluing the option. However, if the option is profitable enough, IV crush won’t matter, which will still make money for a call buyer. A sold put sufficiently far OTM will benefit from IV crush, even if the stock dips after slightly bad or lukewarm earnings.
• Don't throw good money after bad. Don't gamble on a recovery if your assumption appears to be wrong or the market is flat out tanking. If you are wrong and still believe in the company, wait twice as long as your original plan (wait for your 2nd entry point vs 1st) before adding to your position.
• Consider using stop losses to lock-in profits on rides up or sometimes use them to prevent losses. Note, stops can be easily triggered in volatile options. Now when I'm up a lot on calls (especially around earnings or large momentum run-ups) I always set stop losses. I have been burned too many times. In December 2020 I didn't set a SL on several thousand dollars of FDX calls I was already up on and I "lost" ~$5K of unrealized gains. If you're up big, don't get too greedy.
• A possible strategy if a stock is on a tear and you have multiple options open: Close some positions (I prefer to do this incrementally if the stock has momentum), but leave 1+ open in case the stock goes into outer space/the floor. Next, set a stop loss with a little buffer below its current movement / range so it doesn't get hit unless the stock falls hard. Finally, watch the stock closely and if it keeps rising, keep moving the stop loss up in little bits incrementally. This will let you keep more profits on a hot streak, but give some protection and secure more gains. It will also help eliminate FOMO if a stock exceeds your expectations.
• Have rules when to roll out, down & out, or up & out. I like TT’s roll at break even or at 1x loss and to always roll for a credit (or for me a very minor cost). Obviously these rules need some monitoring. Know your stocks, the news, and technicals so you don’t jump the gun.
  • If you roll early for a credit and you’re right, it’s not the end of the world. You’ll just need to hold longer, which will obviously tie up capital. Sometimes it’s better to tie up some money (especially if you aren’t paying interest) than eating a huge loss.
  • Rolling too late can be worse though. I currently have a very underwater FDX put I sold that is over 2x loss, rolling it does almost nothing unless you want to pay a debit or extend it extremely far out.
• On huge options gains, I strongly you recommend taking profits by rolling up/down or incrementally sell your contracts at several different prices (this is why having multiple contracts is nice).
  • Rolling up involves selling your initial call, then using a fraction of your proceeds to buy a cheaper, further OTM call with the same expiry; puts are inverse this. When rolling up I like to ensure the new option’s cost is 15-40% of my realized gains. I’ll buy a more or less expensive new optoin based on my convication to the stock and predicted movements. You can also roll up and out to get a further expiry and strike.
  • This is monumentally important if you are playing with incredibly high rising stocks or during a short squeeze.
  • Sad story time: I completely screwed up when I forgot to roll up, twice, during the GME gamma/short squeeze. I didn’t take my own advice; I didn’t have a real exit or transition plan and I got emotional. It all happened so fast and I was at work; the insanity of the run up and subsequent gamma squeeze caught me off guard. I should’ve clocked out and thought through the situation for 15-30 minutes to form an impromptu plan, then executed trade(s). My moderate risk tolerance coupled with my desire to take profits took over. When the stock partially cratered after a run up, I sold to retain gains. In the heat of the moment I thought the squeeze was squoze and it was going to plummet into the ground and I wasn’t being rational.
    • On 1x 4K call I would’ve made an additional 15-25K if I rolled up to a cheaper contract with some of my profits.
    • I know I missed out on significantly more with a 2nd call I had. Depending when I rolled it, it would likely have been an additional 25-50k in profits.
  • I talked about learning from your mistakes above. This mistake is branded into my brain due to the massive gains I missed out on by not rolling up. I’m furious with myself as I write this 1 week after the GME gamma squeeze, I’m a planner and I didn’t plan. If anything I own is significantly up ever again, I’m rolling up (or at least setting a stop loss). If necessary, I’ll roll up a trade multiple times to keep extracting profits.
  • Learn from my mistake so you don’t miss out on gains too. I strongly recommend rolling up when you are up big on a call / roll down when you are up big on a put. This enables you to take profits, stay in the game, and keep extracting more gains.
• If you trade a lot of options, talk to your broker about a discount. I was getting the standard $.50/contract with E-Trade, but I traded over 300 contracts a quarter and was able to get the fee reduced by over $.10 by just asking. I am now doing more spreads and condors, so once my volume gets very high, I’ll ask again.
• If you have a broker that isn’t great and you want to switch, leverage your current trading fees to the new broker. Tell them you’ll move over $### thousand if they beat your current options trading fee per contract.

Trade Planning & Position Management Tips

• As you gain experience, start monitoring what kind of Delta, OTM, DTE, etc. you are most profitable with. Use it in your future trades. You'll often see the tasty trade 30-45DTE .3 Delta strategy for selling.
• Before entering a trade, look at rough technicals like resistances and supports to consider your relevant strikes as well as entry/exit points. Look at upcoming earnings & dividend dates as well as stock/market news.
• Consider staggering strikes and expirations for safety and diversity; it’s nice to avoid assignment on 3 puts at once because you used the same strike for all 3.
• Incrementally enter positions on large rises/falls. One of my favor strategies is to buy dips after over reactions. By doing this slowly in large price "steps" it helps combat FOMO and helps you avoid getting slaughtered.
  • This will also help you avoid "chasing a falling knife". It also ties into having a plan.
  • I set alerts at several predetermined prices and I REALLY try not to enter new trades unless I hit my preset points. It makes me less emotional and usually more effective.
• Don't buy far expiration options with poor liquidity for shorter term plays. I bought 1x GME 1-year+ LEAPS call before the 2021 short squeeze. That was stupid, I should've bought 2-3x 60-120 day calls to have better liquidity. I also paper-handed it and missed out on my lambo.
• If selling options, consider rolling (for a credit) to avoid assignment when it makes sense / meets your plan. Rolling closer to expiration can be a valid strategy to get theta on your side. On the flip side, if the stock moons or plummets it could've been better to roll before it got crazy deep ITM. See rolling “rules” above.
• Covered Calls:
  • If a stock has a large movement range, I think it can be worthwhile to wait to open a CC after the last one is closed/expires. I have been more successful waiting for another opportunity vs. opening one immediately on the Monday after the second the last one expires.
  • Consider selling covered calls at all time highs/peaks. If you sell a CC and the stock dips significantly, and you think it’s temporary, you can buy to close your CC for a quick profit, then reopen it later.
  • If you own Meme stocks, selling covered calls runs the risk of missing out on large gains. On these stocks I typically only sell them further OTM than I normally would or not at all. If I do sell CC on a Meme stock I try to ensure I have 25-100 other shares that won’t be called away.

-Advanced Beginner-
Spreads

• Spreads (with 2 legs) are neat because they manipulate how delta and theta act. It caps your gains and losses, but you can profit with less stock movement. Try several spreads on a P/L calculator to see for yourself.
• Spreads usually require margin trading.
• Spreads allow you to define max losses (assuming you close before expiration day) and use less capital.
  • Experienced traders will open many spreads at identical/similar strikes to heavily profit off movement. Spreads can make you/lose you a lot of money if you are right.
  • For example. I could make a $200 premium off a $500 risk trade, max loss would be $300. This is much more effective capital utilization than a naked or cash secured put, however it does not have the same downside protection or “wheel” potential as a sold put. Higher risk, higher reward.
• Vertical Debit spreads: I think of these like mini calls/puts. I personally don’t use them unless calls are outrageously expensive or the break even is absurdly high, but there’s nothing wrong with them. A call debit spread will lower your breakeven and overall cost vs just a call. You can do clever things like making a positive theta call spread if you’re creative. I like doing this since I hate losing money to theta.
• Vertical Credit spreads:
  • Very good theta strategy to define downside/upside risks.
  • A put credit spread is bullish and allows you to bet on upward movement with less capital and defined losses.
  • A call credit spread is a bearish strategy that allows you to bet on downward movement. These are very cool since they allow you to sell calls without selling naked calls, which can ruin you financially. I see selling these as better than buying puts since it’s so much easier to be profitable; to be redundant, Θ rocks.
  • https://www.schwab.com/resource-centeinsights/content/reducing-risk-with-credit-spread-options-strategy-0
• I repeat this on purpose: Don't EVER leave short spreads open on expiration day, close them. If you don't close, they better be VERY far from the strike on a non-volatile stock. In after hours a stock can jump/dip below your strike and be exercised without the other leg to protect you. This can lead to massive, life ruining losses. This is not an exaggeration, google this and be scared. It happened to a fair number of people with TSLA. Video explanation: https://www.youtube.com/watch?v=rtVFj9nRRDo&t=315s
• Short Straddle:

Trading Mechanics, Taxes, Market Manipulation

• Learn about wash sale rules. They suck and are very easy to activate with options. This will eliminate your ability to write off losses. Over trading can easily cause wash sales. https://www.investopedia.com/terms/w/washsalerule.asp
• Short attacks:
  • Learn to recognize these sketchy attacks by hedges/firms. They manipulate the market, it’s been documented countless times. A common one is rapid short selling, which pushes the price down.
  • Short Ladder attacks:
    • https://www.google.com/amp/s/seekingalpha.com/amp/instablog/11442671-gerald-klein/3096735-anatomy-of-a-short-attack
    • Some people say short ladder attacks don't exist. I've seen some very strange stock nosedives off low volume, so I tend to think they do.
  • If you plan well enough and the market doesn’t give up on the stock you may be able to use it as a great opportunity to buy the dip.
• Cramer explains how he intentionally manipulated the market when he ran a hedge fund years ago. Multiple links to the video are below since this video gets pulled often, Cramer / The street never wanted this to go public.
  • Reuters article: https://www.reuters.com/article/cramer-interview-idUKN2036292620070320
  • httpss://youtu.be/r07Gg92YjOI
  • https://youtu.be/VMuEis3byY4
  • https://youtu.be/JEzsfPmh894
  • https://youtu.be/QFfjX8dW-QQ
  • Due to this video I don’t fully trust Cramer. His show can give you stock ideas to buy (or inverse), but you never know where his true loyalties lie.
• Plan for taxes if you are up big. You may need to over withhold or contribute to taxes quarterly depending on your situation. https://www.irs.gov/taxtopics/tc306

-Intermediate / Advanced Strategies (work in progress)-
You’ll notice many of these strategies inverse one another.
Options Strategy Finder
This website is great for learning about new strategies, you’ll see many links to it below.
https://www.theoptionsguide.com/option-trading-strategies.aspx
Short Strangle / Straddle

• Both of these strategies profit from little price movement. I recommend using a P/L calculator to determine BE, profit, etc.
• A straddle sells (or buys) two options at the same expiry and strike.
• A strangle sells (or buys) two options at same expiry with different strikes.
• Both these strategies involved selling a Call and a Put for a credit. Straddle uses ATM legs, strangle uses OTM legs.
• Limited max profits and unlimited risk. Due to the unlimited risk, I am not a fan. However, many people like these a lot.
• https://www.theoptionsguide.com/short-strangle.aspx
• https://www.theoptionsguide.com/short-straddle.aspx

Iron Condor and Iron Butterflies

• These strategies profit from neutral or mostly neutral stock movement. They receive a credit to open and benefit from theta decay. If your stock is range bound, these may be a good choice.
• These are both 4 "legged" trades, so you will have 4 trading fees to enter or exit the trade. A lower cost or zero cost broker shines here. However, “bad” free brokers will give you poor fills, which may not be worth the discount.
• Condors and butterflies have "wings" which are your purchased puts and calls. The wider the wing the higher the max profit/risk. The condor body can be riskier and skinny with a narrow high profit range or wider for a much greater chance of success with lower payout.
• An iron condor is built by combining a put credit spread and a call credit spread with the same expiry.
• An iron condor can be thought of as a modified short strangle with limited risk, and therefore a bit less profit. I prefer defined limited risk.
• The butterfly is similar except instead of a plateau it has a sharp peak. My personal mental note is that a condor looks more like a strangle with wings, while a butterfly looks like a straddle with wings.
• Pay attention to earnings dates when you open these, I have forgotten to check before and it led to bad trades.
• https://www.theoptionsguide.com/iron-condor.aspx
• https://www.theoptionsguide.com/iron-butterfly.aspx

Long Condor (Debit Call Condor)

• The debit version of an Iron Condor. You expect the price to stay inside your defined range. This strategy profits from neutral or mostly neutral stock movement. I’ve never tried this, Iron Condors make more sense to me.
• Limited risk / limited reward.
• https://www.theoptionsguide.com/condor.aspx

Short Condor (Credit Call Condor)

• Inverse of an Iron Condor. You expect the price to go OUTSIDE your defined range. These are useful when you expect significant price movement. Credit to open.
• Limited risk / limited reward.
• Can be harder to set up. I want to try these, haven’t yet.
• https://www.theoptionsguide.com/short-condor.aspx

Reverse Iron Condor

• Inverse of an Iron Condor. You expect the price to go OUTSIDE your defined range. These are useful when you expect significant price movement. Debit to open.
• Limited risk / limited reward.
• https://www.theoptionsguide.com/reverse-iron-condor.aspx

LEAPs

• LEAP Options are options that are long term with many DTE, often over a year until expiration. LEAP calls are great for long term growth plays (downtrends with LEAP puts) or simply when you really like a company and can't afford 100 shares. LEAPs (or any "longer term" option) enables you to sell a PMCC or PMCP (below)

PMCC / PMCP

• PMCC or PMCP are poor man's covered call (or poor man's covered puts). They are diagonal options often used with purchased LEAPs. You sell a shorter DTE call/put with a further OTM strike than your purchased call/put. For PMCC/PMCPs it is often recommended to recoup your extrinsic value as soon as possible, some recommend with your first call CC or put sale, to ensure you are positive if the option is assigned early. These have a lot of moving parts and strategies. If you buy a barely ITM call/put and sell a nearby strike call/put you run the risk of the purchased option getting "blown by" on large stock movement and ending up with a very negative losing trade. Keeping your purchased LEAP deeper ITM should protect you. Check your initial PMCC using an options calculation to make sure you don't screw up.
• I'm currently tinkering with these myself. So far I like .7-.9 delta call LEAPS with 30-45 DTE calls on my CC. The goal is to hold the LEAP long term, potentially until expiration, and constantly sell calls/puts on it that expire worthless. Typically the call/put is rolled up and out or down and out if it's going to be assigned, unless you don't want your LEAP anymore.
• Some people look at these many sold CC or puts as profits, I look at them as lowering my cost basis until it's zero (or even negative). I have a page in my notebook I write each CC on my NIO LEAP (I Meme stock sometimes). I find it satisfying to slowly see the cost of the original option disappear. When I originally wrote this I had ~2 years left on it and it's 9-10% paid for; that doesn't even count the actual gains the LEAP has.
• TT states this is considered an IV play, which I partially agree with. You want to buy these during low IV times since an IV drop will hurt your LEAP value. I look at them more as a way to sell calls/puts on a high IV company with a lot of price movement and potential upside/downside.

Advanced Orders

• Guide to several order types: https://us.etrade.com/knowledge/events/webinars/order-types-from-basic-to-advanced-07162019
• One Triggers Other (OTO):
  • Good brokers will allow you to set these up, some will require a desktop to do it. This lets you link one action to another. In programming think of it like an if-then. You’ll tie a buy/sell to another buy/sell
  • Setting trailing stops on options is very chaotic since their price movement can be drastic due to volatility. I prefer to set my trailing stop to a stock.
  • What I like to do is set a trailing stop on a stock (or just link it to a stock price drop) and have it sell 1 share I own. Then it immediately executes a market order to sell my call. I’ve had good luck doing this with incredibly volatile plays were stop losses aren’t effective. I’ll often have an order saved and ready saved for when a strong run up starts. When my price alerts start blowing up my phone, I’ll immediately hit execute to turn it on.

​
Disclaimer:
I’m not a financial adviser, I'm actually an engineer. I’m not telling you to invest in a specific stock/option or even use a specific strategy. I’ve outlined and more extensively elaborated on what I personally like. You should test several strategies and find what works best for you.
I'm just a guy who trades (mainly options) part-time for financial gain and fun. I don't claim to be some investing savant.

Build your opponent a golden bridge to retreat across.
Sun Tzu, Art of War
Everything was for tomorrow, but tomorrow never came. The present was only a bridge and on this bridge they are still groaning, as the world groans, and not one idiot ever thinks of blowing up the bridge.
Henry Miller, Tropic of Capricorn
I was wrong! Blow the bridge! Blow the fucking bridge!
Tugg Speedman, Tropic Thunder
Hello again GME Gang! It’s been a while since I last ranted at you, but I know we’ve been in some very good hands here at WSB with all the great DD folks have posted over the past few weeks. So no need for CPT Hubbard to go for 11 again on the Thumbscroll Dial (until today, that is). I’ve enjoyed a lot of these posts very much, so thank you on behalf of myself and the attention-deficient Rocket Children for continuing to deliver that 100% Chaff-Free GME-grade Wheat at such a feverish clip.
Now, I am going to get to Hong Kong’s Lamest Outlaw and his disconcertingly vacant eyes here shortly. But first I want to take you on a journey back to Christmas Eve, in the year of our lord 2020—a heady time in all our lives. We were all so young and innocent then, weren’t we? Fresh off the run up to 22. Blissfully oblivious that we were living in the last moments where the question What is The War of 1812? was the only acceptable Jeopardy question for the answer: The Last Time the Goddamn U.S. Capitol Was Stormed. This was also before we all became irresponsibly overleveraged in Cathie Wood’s Ornamental Gourds ETF. It was a wondrous, confusing time.
But before we get too off topic, let’s all hop in my 1985 DeLorean (purchased with proceeds from my Jan 15 calls – thanks RC!), fire up the ol’ Flux Capacitor, and get that shit to 88 because something happened that evening that is Worth Pondering—particularly in light of recent events. And just as a friendly reminder: even though you’re going back in time in a DeLorean, no one here has to deviate funds away from GME shares to Save the Clock Tower and you are under no obligation to fulfill a scenario where you wind up making out with your Mom (unless your Mom is Cathie Wood like mine—in which case maybe just some quick over-the-clothes stuff).
On the Subject of How It Once ‘Twas The Night Before Christmas
So what in the holy fuck happened on the night before Christmas, Captain? Well, while all you Gentiles were sleeping soundly after lying to your children about benign home intruders and before gorging yourself on the teat of late-stage capitalism, me and the rest of the Chosen People were up late eating Chinese food and thinking about tendies (self-hating Jew Joke! Ba-zing!). But then: when out on the electric twitter machine there arose such a clatter, I sprang to my phone to see what was the matter. And what to my wondering eyes did appear, a mysterious tweet from a Rich-Ass Viking who had a lot of fucking interesting things to say about this whole GME situation that’s what.
This tweet, buried as a reply to a tweet sent by Mr. Rod Alzmann (@RodAlzmann or u/Uberkikz11), simply said: “Merry Christmas. Shhh.” But it included this screen shot:
[**Image Deleted Due to the Mods - check the link below where someone transcribed it - I'll try to add later**]
Now, this tweet to Rod, sent late at night and likely after a strong Mead or three, was very promptly deleted. But your intrepid cub reporter saw this here tweet that night with his own two eyes—seeing as I am a degenerate GME addict and devoted follower of Mr. Rod Alzmann (Hi Rod!). And I took screenshots, of course, like any responsible records custodian might. And so did the dude who wrote a somewhat-overlooked WSB post on this, which included the most pertinent text of the message if you are having trouble reading it here:
https://www.reddit.com/wallstreetbets/comments/kk0omp/christmas_miracle_gamergate_2020_gme_shorts/
Now, what are we to make of this? At the time, I thought it was very interesting. But I did not give it too much attention seeing as how the internet is overcrowded with anonymous weirdos claiming to know more than they do about all sorts of subjects (and now I feel your judging eyes…). Also, there was some very good commentary in that WSB post from some sharp folks about the screenshot author’s questionable use of the shorthand PE/IB—given that private equity and investment banks wouldn’t apparently be involved in a behind-the-scenes transaction with the short funds like what was being discussed there (don’t ask me, I just string together silly words here). But maybe you poke around his Twitter a bit and see for yourself.
Still, plausibility assessments based on preferred nomenclature aside, it seemed to me that some version of that conversation had to be taking place behind the scenes in a situation like this—given the batshit insane short interest, the funds supposedly involved, and the rapid rise in SP coinciding with RC’s share accumulation, December 21st amended 13D filing, and new status as a GME Insider and Board member (just love saying all that in a row, don’t you?).
So the Viking’s screenshot tweet, and the very likely possibility that shorts are in so deep that they’re attempting to negotiate peace with large shareholders behind the scenes, stuck in my tiny little baby brain as a pretty plausible set of scenarios. And from the look of it, it seems like some funds were at least willing to discuss offering these shorts a Golden Bridge away from Certain Fucking Destruction on the open market. And if the words on the screenshot are at all aligned with reality, these short funds have no good options.
Yet it seems like they are still playing hardball to negotiate the carat on this generous bridge offer they’re getting. Why? Maybe they’ve been getting high on their own supply for so long and they don’t know how to see this situation for what it is. Who knows? Maybe there is no Ryan Cohen and we’re all living in a simulation. But if the recent low-rent anti-GME articles and market manipulation efforts we’re seeing are any indication, these overleveraged short fuckers seem to think they’re going to be able to spin out of this hold and drive the SP back down to even smaller peanuts than it’s at now by sheer force of will (and some deployment of well-honed tricks of the trade amirite?) to emerge unscathed. Or even victorious? I dunno—it’s their delusional fantasy sequence.
But do you know what this scenario reminds me of? And this is just coming to me so please bear with me as I’m not showing this to my editor before we print (I haven’t seen this movie in ages – don’t know what made me think of this!). Fuck it, I’m just gonna start riffing here. The shorts trying to thread this needle, against all odds and logic and common sense, reminds me of that hilarious scene in Dumb and Dumber where haplessly delusional Jim Carrey thinks he has a chance with Mary Samsonite Swanson. But the scene is funny because he really doesn’t. Have any chance. At all.
Now, I know this is a 1990s movie originally released on VHS that we haven’t seen it or even seen it referenced in ages. But now that you’re thinking of it again after all this time, doesn’t it remind you of this too? I know, I get it: You’d have to have fucking peanuts for brains for it not to.
(https://twitter.com/ryancohen/status/1350877969816956934?s=20)
On the Subject of the Continued Internet Bumbling of Mr. Justin Dopierala
Now that screenshot came to mind this past week when something kind of weird happened while we were all enjoying our quick rocket ship ride. And yes, we are briefly going to talk again about Seeking Alpha’s second finest pro-GME author (always been more of a Dmitriy man myself) and recurring CPT Hubbard character, Justin Dopierala (and no, Angela, I do not want to have like 10,000 of his babies).
Last Thursday, after we were all virtually high-fiving one another and counting our future Lambos, Mr. Justin Dopierala, head of Domo Capital and longstanding uber-bull GME shareholder and author at Seeking Alpha (last seen arguing pithily with our own Rod Alzmann about the conservative nature of Rod’s holiday earnings projections. Hi again Rod!), made it known that he sold all of Domo Capital’s 500,000 shares for around $42.50—at the very top of the run up last Thursday morning.
Now, Domo Capital’s business decisions are none of my goddamn business. And there are plenty of market opportunities right now. Shit, I hear there is even a new Cathie Wood Gourd ETF coming online soon that people are really excited about and that I’m sure Justin’s clients would find intriguing. But Domo’s decision to sell seemed curious given a few things: (1) on Wednesday, when the rocket is mid-flight, he got a twitter follow from Gabe Plotkin, head of Melvin Capital, which he promptly tweeted about with a “get a load of this fuckin’ guy” vibe (oh the sweet, intoxicating arrogance of tendie victory, I too love it so); (2) he had also tweeted that day comparing GME’s rise to Apron’s short squeeze that lasted 4 days—where he also stressed to his followers that Apron had a much lower SI than GME; and (3) he then promptly deleted all of these tweets and almost everything else GME-related on Thursday after apparently introducing 500,000 shares of liquidity into the height of a stressed market up and through the Thursday reversal and down into his own personal tendie town.
Now, after seeing all this, I mouthed off a bit to Justin on the electric twitter machine because that’s kind of my thing. And if you are familiar with my prior ramblings, you know that he and I go way back. In response, Justin talked a bit of shit about your intrepid cub reporter here in a comment on Dimitry Kozin’s October 21, 2020 article about a possible sony revenue share deal or something, the comment section of which has become the preferred SA water cooler over there. (And I can’t link that because Thems The Rulez). And Justin hurt my little feelings a bit with his very sharp denial. And by all means have at it over there to check out his comment about why he sold if you give a shit. That is if Justin hasn’t deleted it yet. Free country and all.
But to summarize, on the subject of treacherous coordination with Melvin Capital, Justin said he would not could not in a boat and he would not could not with a goat. And I for one believe him. And do you know why? Because even though Justin seems like a very smart guy in some ways, he’s also a well-known internet bumbler who blurts out things to his internet friends that a person with better self-control would keep to themselves. And so I do not think he is capable of pulling that off or keeping a secret like that. Also: he said he didn’t so I am more than willing to give someone the benefit of any doubt in that area and you should too. I think we keep Hanlon’s razor firmly in mind here about never attributing to malice that which is explained by stupidity. That is unless, of course, you’re Andrew Left and you’re actually trying to convince people that you didn’t realize there was a US presidential inauguration planned for the same time you announced your Super Important TeeVee Yammerfest ‘21 about GME not being a good candidate for an imminent short squeeze no way no how not if my name isn’t Andrew Left short seller expert extraordinaire and Hong Kong’s Most Misunderstood Ethically-Minded Businessman. You can ascribe the fuck out of malice to that one.
No, even though I really have no idea, I think the most likely thing that happened there was that Gabe Plotkin, Master of the Universe, Head of Melvin Capital, and Acolyte of Perennial Most Ethical Business Man MVP candidate, Steven Cohen—got into Justin’s head when Plotkin followed him on twitter during the 57% (at one point 94%) day last Wednesday and then Justin got a bit chippy about it.
And this is the real reason I’m bringing this up.
Because I honestly care very little about the Nervous Investing Habits of the Wisconsin hedge fund voted most likely to prompt a Mr. Roboto reference. No: I think that Gabe Plotkin sent a message with that follow. Without even ever having to say it directly. And I think that after GME’s huge run and getting a little overexcited while working the twitter machine, Justin maybe had a chance to relax with a warm glass of milk that night and reflect on that message. Which I believe was: I’m watching you, motherfucker. And the only reason I’m paying any attention to some shitstain Wisconsin pseudo-fund on a day like today when I am getting my ass fucking torched is because I want you to know that if this GME shit blows up on me, I’m going to fuck your ass up. I will remember the name Domo Capital forevermore. And when you least expect me, I’ll be there. Now: your move, motherfucker.
And once I realized what might have happened there, that made me feel kinda bad for Justin if he felt that way. Definitely a puss move because fuck you Plotkin I drink your fucking milkshake, right? But bad because that’s a mean message for a business colleague to send, Gabriel. Shame on you if that's how you roll like a big New York bully and scaring our poor Justin like that. And if you just wanted to follow him to shoot the shit or swap listicles and Star Wars Prequel memes with a respected contemporary—even in the very midst of getting fucking annihilated while short GME—well Justin has a totally different account for that and he’s not allowed to access it during work hours.
On The Likelihood That The Most Heavily Shorted Stock in History Is Not Being Subject to Continued Market Manipulation When A Steve Cohen Acolyte Is Losing His Fucking Shirt
Have you heard about Steve Fucking Cohen? The guy who looks like he’s tip top of the list of the premier Hollywood casting agency’s rolodex for Saddest Dipshit Still At the Strip Club After Everyone Else Has Already Gone Home? I’m sorry, that’s mean and my mother told me to always be kind to the truly hideous looking because they’re probably still beautiful on the inside (spoiler alert: he’s not!).
Get a load of this guy:
https://www.bloomberg.com/news/articles/2014-01-02/why-sac-capitals-steven-cohen-isnt-in-jail
https://www.latimes.com/entertainment-arts/business/story/2020-09-02/controversial-hedge-fund-billionaire-steven-cohen-takes-on-hollywood
https://www.marketwatch.com/story/steven-a-cohen-among-the-million-dollar-donors-to-trump-inauguration-2017-04-19
https://www.vanityfair.com/news/2016/11/steve-cohen-trump
https://nypost.com/2015/06/17/billionaire-steve-cohen-bros-out-with-guy-fieri/
Are you back? I’ve missed you. That was scary, wasn’t it? But allow me to TL/DR all that for you who decided to avoid all that unpleasantness: the dude just has all this bad luck and keeps finding himself into these really awkward situations where someone could potentially question his commitment to ethical business and life practices as well as adherence to the laws of the United States and it’s just not fair and nothing’s fair and Nice Guy Steve Cohen Is The Victim Here So Just Stop Right There Mister I See What You’re Doing. He's also bros with Guy Fieri. Cool.
But why am I talking about a guy who would so clearly pass Billy Madison’s Final Question about Business Ethics without even breaking a sweat?
Because Steve Cohen once had a young Ace Protegee that he loved very much. With the name of an Archangel, so tender and pure. And one day this young man decided he wanted to Prove Himself and Leave Steve’s Nest. And thus was born Melvin Capital, seeded financially by Steve Cohen but named after famed Crooner Melvin H. Tormé, which Gabe’s esteemed mentor Steve would play in his office, over and over, all those years ago.
Now let’s fast forward a bit because I’m boring myself with all that fucking Cohen reading (the bad Cohen—don’t you dare get anyone confused here). As I was saying: Gabe Plotkin, head of Melvin Capital, has by all accounts gotten himself into a bit of a pickle here being so deeply short GME. Lots of people have analyzed and overanalyzed it, and I’m not going to do it again here; that dead horse is well and truly beaten. But to bottom line it: we’re all just staring down what is essentially an unprecedented math problem that will, at some point, resolve itself. And if it revolves itself in favor of the Good Guys, then the Bad Guys will lose a Fuck-ton of Money. That’s your money block quote, WSJ, so fuck off and stop calling me.
Now: picture yourself as a Steve Cohen acolyte that just bought a $44M Miami Compound and who cannot stop talking about how co-owning the Charlotte Hornets is worth it just for the courtsides alone bro once basketball is a thing again and so what if Michael Jordan keeps calling him Gary it’s close enough. Are you feeling the most financially secure that you have ever felt in your young rich life right about now? Or might you be a wee bit worried that you’ve pursued an investment thesis so reckless, so irrationally and intentionally destructive of equity, that even Melvin H. Tormé himself must be rolling in his fucking grave that you would ever dare put at risk your ability to continue being Michael Jordan’s Gary?
And so here is when I again link my good buddy Jim Cramer’s Great Unveiling of the Tactics Deployed by Short Sellers hoping to change the narrative and construct a “new truth” to suppress the SP in the face of, oh, let’s just say: a very promising turnaround story in a high-growth industry by an e-Commerce Canadian Genius who does not fuck around and who knows what he’s fucking doing and aims to sell more and better video games experiences to crackhead video gamers and there’s a million things he wants to do but just you wait, just you wait.
Is this plot that hard to follow?
And I’ll also say this: I know fuck-all about monitoring order flows or how funds continue to create synthetic shares to short shit into oblivion. But I’m just stepping back and thinking of the broader narrative and tactics on this. Spit-balling here again—bear with me. Now, if you were massively short a security while paying out your ass in borrowing fees for the privilege of entering the most crowded short trade in the market and you’re now opposite a massive business turnaround story, Ryan Cohen, numerous institutions, funds, retail whales, Norwegian HNW Freemason Consortiums, and the energy behind the Finest Rocket Children Ever to Grace Planet Fucking Earth—and you’re taking it in the ass week after week here—Do you then play this straight? Do you set aside all of these illegal and deceptive short tactics Jim Cramer candidly outlines in that video even though they’re impossible to enforce and are in fact not enforced? That Jim basically says you’d be professionally negligent if you were short and didn’t do this shit because fuck it whosgonnastopyou? And now you fucked up and that steamroller is barreling down upon you and there are all these things you could theoretically do try to get yourself out of this jam if you were That Kind of Person? Do you set this all aside and, at least in Jim’s view, tie one hand behind your precious ethical back? On the most heavily shorted stock off all time where you are bleeding Real Life Big-Boy Money? Just buying and selling you know, just a job, honest living, nothing much to it, sometimes you win, sometimes you lose, can't get too carried away with it.
Or is it something a little bit fucking different than that?
I don’t know. I’m not in the industry myself. And I would never accuse anyone of doing anything so clearly contrary to the values upon which their professional career as Master of the Universe was built. So Gabe: chill. Don’t follow me or something on twitter man, since for all I know that’s Plotkinese for I Hope You Don’t Mind Sleeping With This Severed Horse Head in Your Bed Motherfucker. It’s just money, dude. You seem pretty well taken care of. But man would I be sweating if I were short right now staring down the barrel of your new neighbor Ryan Cohen’s whims and patience and polite Canadian manners and ambiguous emojis that we all lose our shit for. I mean, fuck man: are you ok? Don’t forget to exercise and eat well during all this. Maybe switch to green tea or something. And remember: you’ll always—always—be Michael Jordan’s Gary.
But here is where we return to our good friend Andrew Left from Citron Research.
Do you remember the excitement you felt this past weekend? I’ve never seen WSB so jacked. People were coming out hot on Tuesday—an uptick day! The new phone book’s here! The new phone book's here! What luck to be free of Gary’s tomfoolery for one fine day. And then GME spiked right away—reaching a high of over $45 that morning.
But then something happened. We all know what it was. But here is where any SEC lookie-loos need to close those Pornhub links and pay closer attention. Because in the moments before the Citron tweet that morning about Andy’s upcoming BuzzFeed Listicle call on Why GME is Scary Investment GRRRR, total short shares available dropped from 1.2M to 0. And a $300K put bet was placed on a weekly with a strike price well over 10% out of the money at the very moment that GME’s price was accelerating rapidly. (H/t u/FatAspirations). That’s some WSB-level shit right there.
And yet they pull it off! GME immediately shoots down nearly 30% intraday, and eventually climbing abck up above 10%, making us all feel a little weird and like ungrateful millennial brats for feeling so shitty about a 10% day. But we all know what fucking happened, now don’t we?
So what can we say about ol’ Andy? Now, many of you know Andy as the dumbshit who shorted TSLA until he was ground into little bits of dumb dumb dust and made to look ever so foolish over and over again until he finally cried drunk uncle and flipped to being long TSLA and now he’s cool to you or whatever. Or you might know him as the guy who puts out really shoddy research that often, by pure happenstance, drives a new narrative to control the orderflow and SP on a WSB-beloved security like PLTR? You know the guy I’m talking about. Once in hot pursuit by Hong Kong fuzz, an International Man of Obviousness with a face that says: why yes, I will have another vodka tonic thankyouverymuch. That’s him.
Well, just like future call-back candidate for the role of Frightened Inmate #2, Mr. Steve Cohen, Andy is also but a Caveman—frightened and confused by your modern concepts of “ethics” and “rules.” No! No!—He’s a straight shooter! Devoted to rooting out obvious frauds, like Lukin Coffee and TSLA (Do not fuck with Elon or my Hot Mom’s ETF, Andy). And like the aspirations of Antoine Bugle Boy when he entered the blue jeans market, Andy saw an overcrowded short trade here based on an overly simplistic and obsolete short thesis about GME and said: “Me Too!” And as this thing is ripping to the stratosphere, Andy starts ringing his dumb dumb twitter bell and saying hear ye, hear ye—Inauguration Day and time it shall be for all my Big Brain thoughts about GME!
Nothing weird about that. No sir.
So Andy Citron or whatever the fuck his name is will be putting out some dumbshit video or something today in what seems to be a pretty clear attempt to scare my poor Rocket Children and get those pesky computers to high frequency this shit to drive the SP down to more acceptable loss levels (cause let’s be honest: they’re still taking a fucking bath here) for Mel Tormé’s namesake hedgefund and all the other cretins that are dug into short position here. And they’re gonna try to scare ya’ with the color red! And they know that no one here likes the color red.
But do see what’s going on here and who we’re dealing with. This really ain’t rocket science, Rocket Children. The dude actually tried to claim he forgot about the Inauguration. In 2021. He has not been in a coma, to the best of my knowledge. But you do look a little bleary eyed, Andy. Must have been all that staying up super late working on those last few bullet points to fill out the powerpoint on that GME listicle of yours, eh sport?
Conclusion: On the Subject of Patience and The Arc of The Universe Bending Toward Ryan Fucking Cohen
In my youth there was a period of time where I went out on boats that would drop crates into the waters of the Arctic. Bundled inside them were raw pieces of meat. In the coming days the boats would head back out to the frigid seas, hook the floats bobbing upon the waters, and pull the crates up. Packed inside would be many crabs. They were so delicious & made a good price at market. The difference between the crate that was empty and the create full of bounty was a mystery even the great physicist Erwin Schrödinger pondered at much length.
But the hearty fishermen of my youth already knew the answer long ago. Why did the trap fill up? Time. In time, all traps fill. In time, all things pondered shall be revealed.
--The Fucking Viking, That’s Who
Now look, you all know I have a soft spot for Ryan Cohen. Hell, we all do. He’s a good dude. And the man has played this flawlessly so far. He really has. The fact that we are all sitting here with Ryan Cohen having successfully negotiated three seats on the Board—a bloodless coup as my man Rod Alzmann says—here in January? It’s amazing. His vision for GME is dialed-the-fuck in and extremely exciting. This misunderstood business is on the threshold of an exciting turnaround with Ryan Cohen at the helm. And though I was very much looking forward to the potential repercussions of a vote being called at the annual meeting and what that might mean for the short-term share price, this result is infinitely better. Whatever their motivations, that Board and George Sherman saw the writing on the wall here and accepted the Golden Bridge that Ryan offered them. And Ryan Cohen has done everything he’s set out to do here. And he’s clearly been having fun while doing it. Read up on the guy at some point if you haven’t–there’s lots of good DD out there on him, obviously. And while you’re reading and thinking about Ryan Cohen, think also about guys like Steve Cohen (no fucking relation) and Gabe Plotkin and Andy Left and how lucky we are that we get to roll with RC against that motley crew of fuckwads.
And do you know what? I’m guessing that RC, and maybe even the funds being discussed in that screenshot, have been very patient with Mr. Plotkin et al in recent weeks. You don’t go around bankrupting hedge funds willy nilly, you know--bad form and all that old chap. People tend to remember that. And guys like Steve Cohen and Gabe Plotkin seem like they play for keeps. So now you try to build them a Golden Bridge to cross—maybe not their preferred route of travel, but could be worse and all that, right guys? But for whatever reason it seems like the natural instinct here on the short side is fight over flight. And these short FUD tactics are getting increasingly ridiculous to help slow down the inevitable march toward the detonator right next to that bridge. So relax everyone! And let’s not fool ourselves: All those Masters of the Universes are well aware of the math problem they’re all facing here and they must have a vague grasp of the odds that this goes off in one direction over the other. And what that could mean for the size of their money pits and how many sports teams they can buy this year. Shit, I assume Steve Cohen is counseling his young acolyte about how many sads he himself felt deep down in his man heart on that fateful day in 2008 when he lost $250M on a short when Volkswagon squeezed to infinity—a sadness that he will continue to draw on when his agent finally finds him a role that calls for it.
But my point is: the longs here can afford to be patient and let this play out. When this thing moves, the Viking’s Schrödinger crabs will only be in one pot. And I’m guessing that pot is the one being held by the guy who is actually in total control here: Ryan Goddamn Cohen.
So enjoy the show today. If you’re anything like me, you’re feeling relaxed after gorging yourself on lucky space peanuts all week.(https://solarsystem.nasa.gov/news/10022/lucky-peanuts/)
And though these silly wabbits with their cumbersome FUD efforts can get a bit tiresome, I’m still very much enjoying this GME show at this point and almost do not want it to end—what with all these Sorkin-esque twists and turns and my Cohen Tweet Decorder Ring getting all this sweet action.
But just remember who Ryan Cohen is, what he cares about, and what, so far, he has told us he intends to do here. And then you might realize, as I have, that Ryan Cohen has had the Gray’s Sports Almanac here all along. This story has already been written. He’s already won. And Melvin Capital’s Schrödinger-ass crabs are dead as fuck. The only question now is: what causes that Golden Bridge to blow? I, for one, am content to wait on RC while counting my good fortune that I can continue to accumulate until whatever happens here happens. So pass the rocket peanuts.
It’s just money after all. Right Gabe?
TL/DR: Psst: a Mysterious Viking once told me about behind-the-scenes Golden Bridge negotiations that are likely taking place that give shorts no chance but the shorts seem to think they’re saying there’s a chance but there really is no chance; Gabe Plotkin, Steve Cohen and Andy Left are misunderstood Straight Shooters who probably answer typical interview questions about their own perceived weaknesses by saying “Sometimes I just care too much about doing the right thing”; and Ryan Cohen is the Goddamn Man so we can all relax and not worry so much about all this dumb short FUD bullshit, ok? OK. 🚀🚀🚀
**If you construe any of the above as investment advice without doing your own DD or at least Googling Ryan Cohen then you are a fucking idiot and may God have mercy on your soul. You too, Andy.

Alright, a LibreOffice user here.
I have been using LibreOffice for past 2 years, hated it all the time because of the UI not being modern as compared to MS (not icons but simplistic design). Recently I switched to Office online like Microsoft suite and Google suite. I must say, both of these in-browser tools are nice but still don't come close to what LibreOffice has to offer (I have come across situations where I had to use LibreOffice because either of the other two didn't have the feature).
So I started looking for alternatives. OnlyOffice vs LibreOffice seems nice.
I tried these office suites currently offered on Linux (bold are my best bet),

1. LibreOffice: Standard office suite for Linux, it just works, not very good support for docx, classic UI (new ribbon interface doesn't make it modern), better than online suites.
2. Apache OpenOffice: Same as LibreOffice but with better docx support.
3. WPS Office: Pretty advanced alternative to MS suite, not open source, a mature project but seems not maintained.
4. CalligraOffice: Actually KOffice, doesn't even come close to LibreOffice, slow development, difficult to switch for naive user.
5. Gnome Office (Abiword, Gnumeric, Dia): Is it still a thing?
6. FreeOffice: The best office suite after LibreOffice, not open source, good compatibility with MS, mature project,
7. OnlyOffice: Web version + desktop + cloud solution available, decent compatibility with MS, mature?, new in the market.

and also the web variants,

1. Microsoft Office Online: nice offering but is slow and sluggish (are they using asp?), lacks many features (I can't even draw a line).
2. Google Suite: Perfect for university students (me), good development but lacks many features.

I haven't had time to try out all the features and hence I want community suggestions. If I were to recommend one of the options to a Windows user, which one would make more sense? (The folks have hatted LibreOffice on Windows)
​
EDIT:
Here is my LibreOffice setup it's not possible to add anything more to it. I have used Office 2013 icons (2019 are available?) and MS like colors. I am not saying customizing LO will solve the problem, it is already far superior and has features that no standard MS user would ever use but features like Excel Macros, key bindings don't quite work well.

$HCMC

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Steve Urkel Supports HCMC To The Moon!
https://twitter.com/BizWrld/status/1360455367868653571?s=19

-60+ patents

-Pink Current

-pennystock Exempt

-MarketCap $865million

>Feb.8 2021 HCMC ANNOUNCES SALES OF $5,000,000 OF PREFERRED STOCK

February 7, 2021, Healthier Choices Management Corp. (the “Company”) entered into a Securities Purchase Agreement, pursuant to which the Company sold and issued 5,000 shares of its Series D Convertible Preferred Stock (the “Preferred Stock”) to institutional investors for $1,000 per share or an aggregate subscription of $5,000,000. https://finance.yahoo.com/amphtml/news/hcmc-announces-sale-5-000-130500804.html?__twitter_impression=true
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>Aug.24th, 2020 Secured $2.5million in financing for their #PPE initiative.

"We identified a NICHE market that needs servicing, and we intend to take an ‘old school’ approach of building a consistent book of business for this initiative. The industry has been inundated with “spot sales”, often attempting to sell product that does not exist. We intend to eliminate this issue by having inventory in our warehouse, READY to ship.”
“All types of businesses now need these products. Smaller health facilities need these products. Smaller businesses like restaurant chains and service industries need these products, and they cannot buy 1,000,000 boxes of gloves or 1,000,000 masks as is typically required. WE HAVE HAD NUMEROUS REWQUESTS TO FILL THESE ORDERS and intend to cater to this niche and help as many of these types of customers as we can.” https://www.globenewswire.com/news-release/2020/08/24/2082593/0/en/Healthier-Choices-Management-Corp-Secures-2-5M-financing-for-PPE-Initiative.html
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>A leader in the #CBD Vape industry! The Q-Cup can be used for Marijuana & CBD!

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>Aug. 20, 2018 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced that it has entered into a distribution agreement with MJ Holdings Inc.

(OTC Pink: MJNE), a leader in the Nevada Cannabis market, to exclusively sell and distribute its cannabis and CBD patented and patent pending quartz “Q-Cup” technology in the Nevada territory. https://www.globenewswire.com/news-release/2018/08/20/1553951/0/en/HCMC-Lands-Initial-2M-Deal-With-a-Leader-in-the-Nevada-Cannabis-Market-for-Distribution-of-Cannabis-and-CBD-Related-Patented-and-Patent-Pending-Quartz-Q-Cup-Technology-Updated.html
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>HCMC Announces Publishing of an Independent Report Regarding the Use of Arecoline as a Possible Preventative for Covid19. HCMC Owns U.S. Patent Covering Processes and Methods of Manufacture of Arecoline! https://www.globenewswire.com/news-release/2020/04/03/2011503/0/en/HCMC-Announces-Publishing-of-an-Independent-Report-Regarding-the-Use-of-Arecoline-as-a-Possible-Preventative-for-Covid19-HCMC-Owns-U-S-Patent-Covering-Processes-and-Methods-of-Manu.html

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>HCMC Loaned VPR Brands ( OTC:VPRB ) $500,000!

• This is from the recent SEC filing of the OTC stock VPRB! On September 6, 2018, the Company issued the Amended and Restated Secured Promissory Note in the principal amount of $582,260 (the “A&R Note”). The principal amount of the A&R Note represents (i) $500,000 which Healthier Choices Management Corp. (HCMC) loaned to the Company on September 6, 2018, and (ii) $82,260, which represents the aggregate amount owed by the Company under the Original Notes as of September 6, 2018. The A&R Note, which has a maturity date of September 6, 2021, had the effect of amending and restating the Note and bears interest at the rate of 7% per annum. Pursuant to the terms of the A&R Note, the Company agreed to pay HCMC 155 weekly payments of $4,141, commencing on September 14, 2018 and #ENDING on September 14, 2021, and a balloon payment for all remaining accrued interest and principal in the 156th week. The Company at its option has the right, by giving 15 business days’ advance notice to HCMC, to prepay a portion or all amounts outstanding under the A&R Note without penalty or premium. The balance of the note as of September 30, 2020 was $314,247.

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>BIG Lawsuit against $PM for patent infringements, and patent 170 The Q-Cup is part of it. [www.TheQCup.com]

$PM has untill the Feb26th to submit their answer. Been researching/ alerting this since Nov.30th & theirs rumors the answer is a settlement!

>Lawyers representing HCMC have been awarded as the #1 lawfirm of the year amongst dozens of other awards. You think they would take on PM A big Pharma company & risk their reputation if they had even the slightest chance of losing? No they wouldn't. [www.cozen.com]

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>Millions in annual revenue from 13Vape stores, 3 Paradise Health & Nutrition stores, 3 Adas Fresh Market, online Vape & CBD retailers, online health & nutrition retailers, and much much more!

Website retailers/ entity's subsidiaries all owned by HCMC:
[www.vaporin.com]
[www.TheQCup.com]
[www.adasmarket.com]
[www.healthiercmc.com]
[www.TheVapeStoreInc.com]
[www.HealthyUWholesale.com]
www.SmokeAnywhere.com
https://twitter.com/BizWrld/status/1356554285656334337?s=19

[www.TheVitaminStore.com] this site has many Health & Nutrition products listed on Amazon!

HCMC owns dozens of brands, 1 is Garden of Life that are rated #1 best sellers w/ 20k+ 4.75/5 star reviews! Look it up!
-https://www.amazon.com/dp/B007S6Y6VS/ref=cm_sw_r_cp_apa_fabc_03KESEA9XAJAR1RYW3TS?_encoding=UTF8&psc=1
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>In the lawsuite their is 2 defendants named; Philip Morris USA & Philip Morris International! So technically it'll be a 2 for 1 win! Double the judgement too if look at it that way.

>Jan. 29th update to lawsuite:Judge approved PM request for a extension to submit their answer saying by February 26th now:" So that both defendants can submit their answer at the same time"Court also said no jury trials untill April now. HCMC said in their initial motion that they demand there be a jury trial for settling judgements. So PM better offer a big enough settlement to avoid that.

/

-Rumors going around about the April deadline date. That is when jury trials can resume. Because courts have suspended all Jury Trials due to COVID-19 until April 18th. People been getting confused and people spreading false information on purpose. So as of right now the only date on the case is the February 28th due date of Philip Morris's answer.

Once that is submitted, wether it be a settlement or accepting what they have done or deny the motion against them of infringing on HCMC's patents, than they will schedule the next court date.
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>All press releases from Globe Newswire: https://www.globenewswire.com/Search?organization=Healthier%20Choices%20Management%20Corp

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THINK ABOUT AFTER HCMC WINS THE LAWSUITE AGAINST PM.

THEY'LL ASK HCMC TO LICENSE OUT THE PATENTS THEY HAVE INFRINGED ON! THEIR IQOS PRODUCT HAS 14MILLION + USERS, SO I DOUB'T THEY WOULD WANT TO ABANDON THAT REVENUE STREAM! THEY HAVE DOZENS OF ACTIVE TRADEMARKS FOR THE IQOS PRODUCT, AND PAYING HCMC TO USE IT IS THEIR BEST CHOICE! YOU THINK HCMC GOING TO GIVE THEM A DEAL, LOL HECK NO. THE MONEY FROM THIS LAWSUITE IS GOING TO MAKE IT THE BIGGEST LAWSUITE IN THE #OTC ! AND I BEEN TRADING SINCE I WAS 15, AND IN 16YRS NEVER SEEN A STOCK SO CHEAP, PINK CURRENT+PENNYSTOCK EXEMPT, 60+ PATENTS AND ALREADY LICENSES OUT MANY OF THEM! I BET LOTS OF #VAPE PRODUCTS IN THE MARKET ARE FROM COMPANYS PAYING LICENSING RIGHTS FROM $HCMC!!!
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PLZ SHARE & UPVOTE! I HAVE SPENT 100S OF HOURS ON RESEARCH FOR THIS STOCK & CONTINUE TO DO SO. SINCE I STARTED TRADING WHEN I WAS 15, NOW 30, I HAVE NEVER SEEN SUCH A GREAT STOCK, WITH A BIG LAWSUITE SO CHEAP!
/ /

>I have full access to court records. As documents are submitted for the case etc, I'll update them here accordingly. STAY TUNED!

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>Investors Hub forum + tons of info for HCMC: https://investorshub.advfn.com/Healthier-Choices-Mgmt-Corp-HCMC-15314/ HCMC Ihub ForumLink

/

Tons more DD on my Twitter:https://twitter.com/BizWrld?s=09

/ / / /

Additional support, resources, & DD by WallStreetBets+OTHERS:

WSB is behind HCMC NOW!

$WallStreetbetsELITE: "CONGRATULATIONS TO $HCMC!! You have been accepted into the AMC AND GME COMMUNITY BY ALMOST 1000 VOTES!!! HCMC will now be the stock to promote with AMC guys HOLD THE LINE and respect this honor. We will together destroy Wallstreet and hedges! Much love."

/ https://www.reddit.com/WallStreetbetsELITE/comments/l8vjl6/congratulations_to_hcmc_you_have_been_accepted/

$HCMC "HOLD THE LINE! - $WSB $WSB / REDDIT / TWITTER / TARGET $HCMC AS PRIMARY FOCUS!

HCMC in the spotlight for a massive Monday breakout!!! https://www.reddit.com/WallStreetbetsELITE/comments/l8cfuu/hcmc_amc_and_gme_only/ https://twitter.com/setox/status/1355396529771728898/photo/1

GET READY TEAM! LOAD UP STRAP IN AND HOOOOLD ON!!!! $HCMC IS ABOUT TO ROCK THE WORLD! (IMO)

HOLD THE LINE! <3 https://www.youtube.com/watch?v=ON5ME7a3Al4 GLTA MAY THE ODDS BE EVER IN YOUR FAVOR
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/ Additional information:
HCMC Sues Philip Morris for Patent Infringement https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159950572
HCMC Websites https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160017233
With HCMC Awesome New Website https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160017187
HCMC Announces Expiration of its Series A Warrants https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160017304
An option too for HCMC https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160067995
HCMC Intellectual Property Patents https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160017403
HCMC Announces Formation of Intellectual Property Holding Subsidiary https://www.otcmarkets.com/stock/HCMC/news/story?e&id=1765367
With this Powerful HCMC Connection https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160017361
HCMC Distribution Agreement with MJNE https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160017104
HCMC Eliminates $49.7M out of $54.3M Remaining Liability https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160016884
More Huge Management and Key Insider Ownership of Shares https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160016834
Key with HCMC/VPCO ex-CEO Buying 1.4+ Billion Shares https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160016794
HCMCOperational Slideshow https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145046622
With the HCMC OS https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160013469 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159950978

*Not financial advice.

https://preview.redd.it/b0ga6euf21f61.jpg?width=1440&format=pjpg&auto=webp&s=0645348ef8ac946f0de9c4e0e9facab43f4e9836
CEO owns 39billion shares! Now one share has been sold since 2011!
https://preview.redd.it/7d4lxpeg21f61.jpg?width=1440&format=pjpg&auto=webp&s=5ab89c949373ada13bed7ad4f938b01b95dad7b8
https://preview.redd.it/587uud6g21f61.jpg?width=1440&format=pjpg&auto=webp&s=f1809e6fe533a82be9e6b960501c8bb3ec3ff615
HCMC owns Vapor corp. HCMC was actuallactuallyactuallactually formerly Vapor Corp. HCMC owns Vaporin.cVaporin.com too!
https://preview.redd.it/tkn44pyf21f61.jpg?width=1440&format=pjpg&auto=webp&s=c5f7a62a72bf76944f06557d737dd58feb5f1ef3
https://preview.redd.it/6odds4vf21f61.jpg?width=1440&format=pjpg&auto=webp&s=c78051a9ac43672ca47c3b65cd168e106d48b3ac
https://preview.redd.it/y0560zzf21f61.jpg?width=1440&format=pjpg&auto=webp&s=f3568aafe24caada77955bff86c4c4fa5bca8a00
A producproduct of HCMC sold on Amazon. See their Vitamin Store.

Full list of HCMC patents:

(https://preview.redd.it/6oj78o2g21f61.jpg?width=1440&format=pjpg&auto=webp&s=3e25ea759bf5bb66ff0fdcdd2cf3c78fa97d4642)
Big Mike talks about HCMC and their patent owned Q-Cup Vape.
https://preview.redd.it/7ug7fbxf21f61.jpg?width=1440&format=pjpg&auto=webp&s=16d5d3c7714e78405ae2f2569b21bd771fecafc9
https://preview.redd.it/d5obnsuf21f61.jpg?width=1440&format=pjpg&auto=webp&s=ce53b87d9921fba39eefe72b68b1229244c89ba6
https://preview.redd.it/kod6u85g21f61.jpg?width=1440&format=pjpg&auto=webp&s=9390eaccd31478dfe063c13533dd11020f19a4a9

>Cozen is the lawfirm representing HCMC. They also recieved lawfirm of the year awardawards too.](https://preview.redd.it/olgsji5g21f61.jpg?width=1440&format=pjpg&auto=webp&s=27306f61d4a61e7d6871fbc76ee1e1d448dc276b)

https://preview.redd.it/ruj60peg21f61.jpg?width=1440&format=pjpg&auto=webp&s=81d49a70f34e4651fe6526c7c7daccd1315137cc
https://preview.redd.it/6wsjluvf21f61.jpg?width=1440&format=pjpg&auto=webp&s=a8d4cee8e6d4511cad4e98635e2bde537cd092b9
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Additional information from a Ihub post:

THE CALL (READ) $HCMC TO TH MOON! The below posts are all timestamped it is a timeline of older $HCMC DD + my thoughts back in 2020 about $HCMC and what was going to happen before all the hype and media frenzy and hubaloo... O_O and now here we are today.
read if you are interested its long just a warning near the end is a monster DD post i did that was reposted on the wall here that many people read
cheshirechocobo Monday, 12/28/20 11:12:53 AM Re: None 0 Post # 20121 of 30551 IMO people in the inner circle of HCMC know a little more about this than they are letting on but the volume and money is talking. Methinks the HCMC Lawyers are working overtime because if the case was falling through so would the volume... IMO
The big Lawsuit people are talking about is between HCMC vs Phillip Morris for those who are new here and are curious.
I think HCMC is on top of this very much because "intellectual property" is a main part of their platform and if someone else infringed on one of their patents that they conceive / design / develop they are in the position to take action against that.
https://www.nasdaq.com/press-release/hcmc-announces-formation-of-intellectual-property-holding-subsidiary-2020-12-14)
(Copied - + more there is even more info in the full article - follow the link to read- )
HOLLYWOOD, FL, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) (“HCMC or the “Company”) announces that it has formed a new wholly owned subsidiary to hold, market and expand on its intellectual property assets. This subsidiary, HCMC Intellectual Property Holdings, LLC, will own all of the patents, trademarks and other intellectual property of HCMC.
HCMC currently owns a portfolio of patents related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product. HCMC’s focus with this new subsidiary is to invest in innovation and encourage further development of core intellectual property.
“The creation of a separate intellectual property holding entity allows us to efficiently market, license and otherwise capitalize on our growing intellectual property portfolio,” said Jeff Holman, CEO of HCMC.
Mr. Holman concluded, “We feel that we can use HCMC Intellectual Property Holdings to further implement our strategic plan and better capture opportunities to monetize both technology that HCMC has already developed over the years, as well as technology that we will continue to develop into the future.”
https://www.nasdaq.com/press-release/hcmc-announces-formation-of-intellectual-property-holding-subsidiary-2020-12-14
HCMC is BIG on their patents and intellectual property. If someone steals your intellectual property or develops something you already patented then you can then legally sue them...by doing this you can in theory make more money suing someone for copyright infringement on intellectual property than you can on the infringed product in question At that point you don't even have to develop the initial idea to make money.
AND THEN After the settlement from a victorious case...
You can then use the money from the lawsuit to develop your business / product. lololol (that makes me smile)
IMO as always but this is what I see
thoughts?
(THIS BRACKET IS ME REFLECTING FOR A SEC IN 2021...might as well be a time traveler LOL OK KEEP READING THAT WAS A BRAIN BREAK)
cheshirechocobo Monday, 12/28/20 01:06:15 PM Re: BJ-Trader post# 20122 0 Post # 20138 of 30551 This is what I see
110 000 000 x.0001 = 11,000,000$ (seems like alot) BUT!!!!!
HCMC IS SUING Philip Morris OVER THE IQOS System
The IQOS heated tobacco units have become the third biggest tobacco brand behind Philip Morris' industry leading Marlboro and Imperial Brands' Winston. IQOS now has a 5.5% share of the global tobacco market, even though it hasn't been fully rolled out in a number of the 52 markets it's been introduced into.
Smoking alternatives heat up the market There are now 13.6 million users of the IQOS,(at 100$ per unit making 1 360 000 000 $)
that's 4 million more users than a year ago, and Philip Morris estimates 71% of them (around 10 million people) have stopped smoking and permanently switched to the device.
If Philip Morris are found guilty of patent infringement on every single sale of every single IQOS unit...
They have to cough up a massive chunk if not all of a 5.5 % share in the entire global tobacco market...of planet earth... over to HCMC.
A scenario like that would defiantly cover it...
DD for ya
Healthier Choices Management Corp. Files Patent Infringement Lawsuit Against Philip Morris
November 30, 2020 17:00 ET | Source: Healthier Choices Management Corp HOLLYWOOD, FL, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp announced the filing of its patent infringement lawsuit against Philip Morris USA, Inc. and Philip Morris Products S.A. in connection with their product known and marketed as “IQOS®.” The lawsuit was filed in the United States District Court For the Northern District Of Georgia.
HCMC vs Phillip Morris Lawsuit filing https://sec.report/Document/0000844856-20-000047/
The international law firm Cozen O’Connor has been engaged to represent HCMC in this matter.
https://www.cozen.com/
(MONSTERS ^ )
HCMC’s lawsuit includes claims that Phillip Morris is infringing HCMC’s patent rights in connection with IQOS®, an alternative tobacco product marketed and sold by Phillip Morris. Philip Morris claims that it is currently approaching 14 million users of its IQOS® product and has reportedly invested over $3 billion in their smokeless tobacco products. Philip Morris has been very open about their ongoing transition from traditional fully combustible cigarettes to their modified risk tobacco products, including IQOS®.
https://www.pmi.com/faq-section/faq/what-is-iqos
clearly covered http://www.healthiercmc.com/patents
The Philip Morris IQOS® product is currently the subject of two other patent infringement proceedings filed by RJ Reynolds Tobacco Company. One proceeding is before the International Trade Commission and seeks to stop the importation of the IQOS® product into the United States.
(added)THE INTERNATION TRADE COMMISION / FDA proceeding for the sale and distribution of IQOS system in the united states was in fact just recently approved.
https://www.pmi.com/media-centenews/the-fda-authorizes-the-sale-of-iqos-3-in-the-us
; the other is a patent infringement action currently pending in the Eastern District of Virginia. RJ Reynolds’ patents are unrelated and not affiliated with the patents asserted in the HCMC case.
“We are pleased that after a lengthy and careful analysis, a law firm with the patent litigation reputation and strength of Cozen O’Connor will be enforcing our patent rights,” said Jeff Holman, CEO of HCMC.
Mr. Holman concluded, “We look forward to proving our allegations of infringement in this matter and intend to continue to move forward against any and all companies that infringe upon our intellectual property in both the tobacco and cannabis categories.”
HCMC is in the right here...
FYI an IQOS system costs 100$ 13.6 million users all payed 100$ or 99 euros so 13.6 million users x 100S per unit as of feb 2020 (#'s don't reflect all the new users between feb to now either so the number is larger)
There are now 13.6 million users of the IQOS, 4 million more than a year ago, and Philip Morris estimates 71% of them (around 10 million people) have stopped smoking and permanently switched to the device.
As of Feb 10, 2020
At this point almost a year later they have even more users and now FDA approval for sale running around flag shipping the IQOS System that is in fact actually HCMC's patented intellectual property.
If or when PM ends up on the block and are forced to pay up on those kind of numbers to HCMC. The more greedy they get(and you know they are greedy) the more in the end they owe to HCMC and also the IQOS system that is actually HCMC's intellectual property is now FDA approved for sale in the US. (thanks to PM lol )
cheshirechocobo Wednesday, 12/30/20 10:56:17 PM Re: Badge04 post# 20507 0 Post # 20508 of 30551 MY POINT EXACTLY...If everything clicks for HCMC's legal team and the case goes through they will get rid of the float faster than you can spin your head.
I think they already are even?
If it all goes down in HCMC's favor and this will blow up so monster it will become an OTC legend. If you picked up .0001's on HCMC and held out on this it could change your life.
HCMC can buy out the whole floor after the settlement and if the people involved high up / HCMC's legal team already know how it's going to work out in the end they could be getting an early start not waiting for the courts, to begin enacting their plan and as for .0001's / .0002's they wont even exist afterword's if that is the case they will be a thing of legend as well.
No guarantees but man you could almost make a movie out of the story developing around this, at least a documentary.
At .0001 / .0002 tickets to the show are nothing compared to the ROI potential.
cheshirechocobo Monday, 12/28/20 02:26:15 PM Re: None 0 Post # 20155 of 30551 A theory
HCMC would be smart to keep surprising the price until the court case settles and they then buy up their own shares at .0001 with the money from the settlement.
That scenario would explain why so much volume yet no movement.
If HCMC runs up before the court case ends they can't buy their own shares for .0001 . So they keep it as low as possible and load it until they are ready to buy themselves for .0001 with money from the court settlement funds.
Anyone holding when that happens would just jump up along with the massive big block buys that would follow and HCMC has a massive rocket ride.
That's also how they can own a lot of themselves moving ahead into the future
thoughts?
cheshirechocobo Tuesday, 12/29/20 12:40:55 PM Re: RoidBoi44 post# 20268 0 Post # 20276 of 30551 ok Roidboi ... look...
I don't have a chalk board so I cant draw it out for you but..
HCMC will be able buy out their own bottom floor shares with IQOS Patent lawsuit settlement money.
HCMC sues PM and then all of a sudden HCMC has billions and billions in volume everyday...
I believe HCMC are the ones who will end up with the money to move it and that is why there is so much because its not for us to move its for them to get the lowest price possible on their own shares.
In doing so they will own themselves protecting / controlling their own shares from the bottom. They will then drive the price up as much as possible to give those shares maximum potential value in the future.
This is how an OTC company jumps up on to Nasdaq level.
"The Come up" as it is said.
Phillip Morris is under the gun because they used HCMC's technology (q-cup) in their IQOS vape system.
I suspect they had .0001s reserved for themselves in priority somehow hence the cancelation of everyone's orders on multiple trade platforms even though 0.0001 were reading as available...
This is all IMO but the writing is literally on the wall. The Volume here to me is the dead giveaway Someone's moving the cart along...
Unicorn Potential
END TIMELINE The above posts are all timestamped is a timeline of my thoughts back in 2020 about HCMC and what was going to happen before all the hype and media frenzy and hubaloo... O_O and now here we are today
I'll let you decide if you think I called this one ;) <3 I'm not even going to claim it...
This was the big post I mentioned about reposting and as a reward if you make it through all of this I will be reposting New DD and theory
This was the post that I believe opened some eyes. as follows
HCMC Q-Cup Tech Patent = Phillip Morris IQOS System Flagship next gen vape product being heavily pushed and marketed over 16 million + units already sold globally as of 2020 (the year isn't even over)
So HCMC owns the patent for the technology being used and sold in Phillip Morris's "IQOS" - E cigarette technology
The accused action is illegal
The IQOS system is a major money maker for Phillip Morris having sold 16.4 million units globally as of now.
https://www.nasdaq.com/articles/will-rrps-growth-keep-driving-philip-morris-pm-in-2021-2020-12-28
^Copied from above link (more in article)^
Tobacco companies have long been struggling with declining cigarette sales, thanks to consumers’ rising health consciousness as well as strict marketing and manufacturing policies imposed by regulatory authorities. Amid such a scenario, industry players like Philip Morris International Inc. PM are managing to stay afloat on the back of growth in low-risk tobacco alternatives. Additionally, gains from effective pricing strategies have been an upside. Let’s take a closer look.
RRPs Are a Key Growth Catalyst Philip Morris is committed toward developing a smoke-free future by expanding offerings in the reduced-risk products (RRPs) category. These products, owing to their beneficial claims, are largely being accepted by individuals trying to quit or reduce cigarette consumption. Philip Morris is one of the industry pioneers in driving the shift from cigarettes to RRPs. The company’s IQOS is one of the leading RRPs in the industry. IQOS was launched in the United States in 2019, through a commercial deal with Altria Group, Inc. MO that was approved by the U.S. Food and Drug Administration (FDA). We note that IQOS is currently the only heat-not-burn product in the U.S. market, which has been approved by the FDA.
Since the onset of the pandemic, the switch from smoking cigarettes to RRPs has been trending positively. Total users of IQOS at the end of third-quarter 2020 were estimated to be about 16.4 million globally. (So 16.4 million units x 100$ per unit = 1640000000$)
In the said quarter, revenues in the RRPs category increased 28.6% and formed a little more than 23% of the company’s top line.
The company expects consistent growth in the heated tobacco category, and therefore has been committed toward expanding these products. Earlier this month, the company’s IQOS 3 received authorization from the FDA for sale in the United States. The new device incorporates a number of technological improvements like enhanced battery life and quicker recharge. In prior efforts, the company started commercializing IQOS VEEV, which is its new product in the vapor category. The company also announced a partnership with South Korea’s KT&G earlier this year to commercialize the latter’s smoke-free products outside the country.
Clearly, such efforts are likely to keep bolstering Philip Morris’ revenues from the RRPs space. Markedly, the company is on track to achieve its 2021 goal of > 90-100 billion < (WOW) shipments of heated tobacco units. (end copy)
So...
HCMC is suing Philip Morris because HCMC developed the patent ("Q-Cup") that is the same technology being used in the IQOS system now being pushed heavily by Phillip Morris and was approved back in 2018.
https://markets.businessinsider.com/news/stocks/healthier-choices-management-corp-issued-three-u-s-patents-in-relation-to-its-q-cup-technology-1027675756
http://www.healthiercmc.com/news/2018/9/24/hcmc-announces-us-patent-for-its-q-cup-technology-will-be-granted-in-60-90-days
http://www.healthiercmc.com/patents https://theqcup.com/pages/patents
So for those who don’t know yet. Healthier Choice Management Corp (HCMC) are suing Philip Morris for copyright infringement on their (HCMC's) patent regarding (Phillip Morris's) IQOS - E cigarettes (now being sold like hotcakes by Phillip Morris.)
According to Phillip Morris they haven’t denied this fact by revealing they invested over 3 billion so far into marketing these new E-Cigarette products including the contested IQOS.
https://www.globenewswire.com/news-release/2020/11/30/2136949/0/en/Healthier-Choices-Management-Corp-Files-Patent-Infringement-Lawsuit-Against-Philip-Morris.html
HCMC hired the law firm COZEN to pursue these claims. I have attached some links below for further research into the future value of E-cigarettes.
https://www.cozen.com/
If Philip Morris is found guilty and liable of patent infringement it means they illegally sold 16.4 million units of the IQOS system. + the 2021 goal of 100 billion units and any other profits linked to IQOS related profits would be forfeit and owed to HCMC in some form.
That is just mind blowing
Philip Morris is moving forward with their marketing campaign despite the lawsuit even receiving FDA approval for large scale sales of the IQOS system in the United States despite the HCMC lawsuit. If Phillip Morris are found guilty the more profit they make on the IQOS system in the end just digs Phillip Morris a deeper hole as a climbing pay back price tag.
https://www.pmi.com/media-centenews/the-fda-authorizes-the-sale-of-iqos-3-in-the-us
$HCMC = 0.0001$ = David PM =$82+ = Goliath
LOOK AT THE VALUE $_$
David The Shepherd had to defeat the Philistine's and Goliath before becoming David, King of Israel.
All my posts here are pre 2021 and now look what has happened now that we are here
Source of " Additional info from Ihub"

I tried to make it easy to skip around if you just want to see the financials or estimates. Just scroll to them if you don't care what the company is or their sectocompetition/management. TL;DR at bottom with final thoughts.
Introduction
“FuboTV ($FUBO) is an American streaming television service that focuses primarily on channels that distribute live sports, including NFL, MLB, NBA, NHL, MLS and international soccer, plus news, network television series and movies.
Launched on January 1, 2015 as a soccer streaming service, FuboTV changed to an all-sports service in 2017 and then to a virtual multichannel video programming distributor (vMVPD) model. As a vMVPD, FuboTV still calls itself sports-first but its expanded channel lineup targets cord cutters, offering a selection of major cable channels and OTT-originated features that can be streamed through smart TVs, mobile and tablets and the web. The service is available in the United States, Canada and Spain as of 2018."
From their home page:
They are the only competitors in their space of digital sports broadcasting, offer 4K streaming and upscaling of live sports, cloud DVR capability ranging from 250 or 1000 hours on standard plans, and is available on Roku, Apple TV, Amazon Fire TV, Chromecast, Samsung Smart TVs, Xbox One, Android TV, Android Smart TVs, and Android/iOS smartphones and tablets, with plans ranging from $24.99/month to $79.99/month (not including add-ons).
They have also recently acquired one company and have made plans to acquire another to allow for in-house sports betting. They have stated in a press release that they plan to release a sportsbook before the end of the year. This will push them into a broader spectrum outside of only TV and sports streaming, and into the sports betting sector along with DraftKings ($DKNG), FanDuel ($PDYPY), and Penn National Gaming ($PENN).
Plans and Add-ons
FuboTV offers three standardized plans as of February 8, 2021: the Family plan is priced at $64.99/month (normally $75.97/month), Elite at $79.99/month (normally $100.95/month), and Latino Quarterly at $24.99/month, along with offering additional add-ons. Each plan offers a range of channels, cloud DVR capabilities (which allows fast-forwarding through commercials), and casting to multiple devices simultaneously. Only the Elite plan does not offer a 7-day free trial (Channels page).
The Family plan includes 117 channels (mostly news and entertainment with roughly 40 that offer sports, including ESPN), up to 250 hours of DVR space, and casting to 3 devices at once. The quarterly prepaid includes a free upgrade to 1000 hours of DVR space and 5 casting devices at home with 3 on the go (Channels page).
The Elite plan includes 164 channels (includes an additional “47 entertainment channels”), up to 1000 hours of DVR space, and casting to 5 devices at home with 3 on the go. This plan does not offer a quarterly prepaid (Channels page).
The Latino Quarterly plan includes 250 hours of DVR space and can be streamed on up to 3 devices at once, but only has 32 channels. This plan needs to be prepaid every 3 months for a total charge of $74.97 and does not offer a monthly service (Channels page).
Upgrades include additional DVR space--1000 hours for an additional $6.99/month for the Family and Latino Quarterly--and increased device casting--an additional 2 devices at home with 3 on the go for another $9.99/month for the Family and Latino Quarterly plans. You can also add a variety of channels and sports packages (the Latino Quarterly has fewer channel add-ons compared to the Family and Elite plans, which both have the same channel varieties). Sports Plus with NFL RedZone is an additional $10.99/month, but includes all professional and college sports broadcasting services for football, basketball, baseball, hockey, tennis, fighting, etc. (Channels page).
Fubo has recently removed its former Standard plan, which included only 65 channels, up to 2 casting devices, and only 30 hours of DVR support for $60/month.
Financials and Growth
Fubo has yet to file an annual report as they have gone public in October of 2020, but they have filed a 10-Q for Q3 2020. All numbers in thousands.
Assets-
Between December 31, 2019 and September of 2020, assets have increased from $368,225 to $799,313 (a 117% increase) . Total current assets increased from $17,973 to $58,016, but accounts receivable decreased from $8,904 to $6,975--this may be attributed to the increase in prepaid subscriptions which increased from $1,445 to $12,177 which shows strong customer satisfaction and retention.
Liabilities-
Liabilities have increased from $145,049 to $290,376 (a 100% increase). The largest contributors to their liabilities are “Due to related parties” increasing from $665 to $85,847, “Warrant liabilities” increasing from $24 to $28,085, and “Accounts payable” from $36,373 to $61,679. Long-term borrowings have decreased from $43,982 to $25,905.
Revenues-
Subscription revenues increased by $53,433, totaling $92,945 for the year. Total revenues including advertisements and licensing have increased by $61,202, totaling $112,669 for the year and an increase of 47% YOY. Q4 revenue is estimated to be between $94,000 and $98,000 which would be a 77-84% increase YOY.
Expenses-
Subscriber related expenses total $114,315 for the year. Total expenses have totaled $500,249 for the year.
Subscribers-
Ended Q3 with 455,000 paid subscribers, a YOY increase of 58%, and plans to end 2020 with over 545,000, an increase of 72% YOY.
Competition
Its closest competitors are Hulu + Live TV (owned by Disney ($DIS)), YouTube TV (owned by Alphabet ($GOOG)), and Sling TV (owned by Dish Network ($DISH)).
Hulu + Live TV

• Includes league networks
• 50 hours of free DVR (200 hours for $9.99/month)
• More than 74 channels
• Unskippable ads on DVR without upgrade to 200 hours
• 2 streams at a time
• $64.99/month
• Can add ESPN+ and Disney+ for an additional $7/month

YouTube TV

• Includes league networks
• Unlimited DVR storage
• More than 85 channels plus YouTube Red Originals
• 3 streams at a time
• Sports Plus package for an additional $10.99/month
• NBA LeaguePass for an additional $40/month or $119.99 annually
• Starting at $64.99/month

Sling TV Blue

• Includes league networks
• DVR up to 50 hours (200 hours for $5/month)
• More than 45 channels
• 3 streams at a time
• Sports Extra package for an additional $11/month
• Starting $35/month
• Can be combined with Sling TV Orange for a total of $50/month

Sling TV Orange

• Includes league networks
• DVR up to 50 hours (200 hours for $5/month)
• More than 30 channels
• 1 stream at a time
• Sports Extra package for an additional $11/month
• Starting at $35/month
• Can be combined with Sling TV Blue for a total of $50/month

The vMVPD Sector
Cord-cutting has become increasingly popular over the last few years with consumers dropping traditional cable and satellite networks in favor of streaming services--such as Hulu, Netflix, Disney+, etc.--and vMVPD services.
In 2019 alone, 6.3 million people cut their cable connection, totaling 39.3 million. In a survey of what they might miss most from cable networks, 52% said they don’t miss anything, 23% missed live events on TV, 22% missed news, and 19% missed live sports. Although not all of those that miss aspects of cable will pay for another subscription service, the sentiment exists for a sports-focused platform that offers other large networks as well.
Another report by Parks Associates reveals that 17% of vMVPD subscribers switched from traditional TV within the last twelve months. In the same report, a survey conducted on current broadband households determined that 43% were “likely to switch to a… vMVPD within the next 12 months." The potential growth exists for the live digital broadcasting space, although it is slowing down.
With the spread of COVID and quarantines, people have been spending more time at home. When things open and quarantines end, that will be the true test for these providers as people will spend less time watching TV.
The Sports Betting Sector
Legal sports betting has taken a huge leap in recent years with the introduction of online sports betting; the ability to place wagers from anywhere at any time and have instant gratification has boomed with its slow legalization. This sector has a forecasted value of $150 billion with other competitors already having a completed project and vast market share. In 2019, DraftKings ($DKNG) and FanDuel (PDYPY) controlled 83% of the market share.
FuboTV plans to join into this space with its own sportsbook. Their recent acquisition of Balto Sports in December of 2020, whose business was in simulating fantasy sports games, is Fubo’s first step into sports wagering. They plan to create a free-to-play gaming system alongside online sports wagering.
Their next planned acquisition, which was announced in January of 2021, will be to acquire Vigtory, a sports betting and interactive gaming company. According to BusinessWire, they plan to utilize Vigtory’s “sportsbook platform and digital gaming assets, and its consumer-driven betting technology, to develop a frictionless betting experience for fubo’s customers."
These recent acquisitions set Fubo up to create an all-in-one viewing and betting experience, which could add new customers to their subscriber list and seal them into online wagering.
It has been over two years since the Supreme Court has denied the federal ban on sports betting, which would have made online betting illegal in all of the United States. Currently, more than two dozen states have legalized sports betting, but most have only legalized in-person betting. More states may be willing to legalize to take advantage of the increased revenues and taxes associated with gambling and online wagering. As of 2020, six additional states plan to legalize some form of betting, although some are only allowing in-person. There are an additional 14 states that are considering the notion to allow legal gambling, whether in-person, online, or tribal.
Management and Investors
David Gandler - CEO / Director / Co-Founder
Appointed as CEO and director in April of 2020. Prior to Fubo, Gandler had a 15 year career in marketing and advertising in local broadcast and cable TV within both general and Hispanic markets at companies such as Time Warner, Telemundo, and Scripps Networks Interactive.
Alberto Horihuela - CMO / Co-founder
In charge of marketing, Horihuela was head of Latin America for SVOD service DramaFever.
Simone Nardi - CFO
Nardi has worked as SVP and CFO of Scripps Networks Interactive where he was responsible for the finance and strategic planning for the company’s international business. Was also a key player in refinancing TVN S.A.’s billion dollar debt.
Large Investors

• Islet Management, LP with 5,108124 shares
• Morgan Stanley with 3,317,333 shares
• FMR LLC with 1,262,907 shares
• BlackRock Inc. with 956,678 shares
• Merger with FaceBank for $100 million revolving credit

Analysts and Estimates
Average analyst ratings put Fubo at a Buy to Strong Buy rating with an average price target of $45.50 with a high of $60 and a low of $30. EPS estimates are estimated to be -5.23 for 2020 and -1.64 for 2021.
Currently has a short float of about 75%, but the short volume has been holding at roughly 15-20% over the last month and has drastically declined from its October short volume of over 50%.
Originally valued at $700 million less than a year ago, a current valuation of $3.19 billion is respectable for this company and is on par for its current performance.
Risks

• Marketing fails and Fubo is never known as a household name, so consumers stick with other more known providers
• Their sportsbook fails and becomes dead weight and wasted money
• Subscriber count and streaming drops as quarantine lifts, reducing revenues while maintaining expenses
• Consumers opt for cheaper options
• People paying for the sports package cancel when the season is over, creating a boom and bust cycle if not managed correctly

Final Thoughts / TL;DR
With its drastic growth over the last year (400% in the last 4 months), support from FaceBank and well-known investors, and plans to join the sports betting sector, FuboTV has potential to become a household name and grow well beyond its current valuation by combining both sports broadcasting and online sports betting into one convenient place. Although unlikely to overthrow any of the current forces, it can become the best live sports broadcaster that people can turn to when they cut cable but want to keep live sports. It has many hurdles to overcome (creating their sportsbook, better marketing, increasing subscriber count, etc.) before it is any real competition to its already established competition.
At a $3.19 billion market cap and very high (75%) short interest, it will be very difficult to realize consistent growth, but it is on par for a company with almost $100 million in revenue.
My Position
25 shares at $47.30
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Edit: edited final thoughts/TL;DR
Please provide feedback! First time actually researching and compiling information for a company and not just reading about them on here. Also, please ask questions to clear up any confusion; it was kinda hard to put everything together neatly, so I might have accidentally left stuff out or oveunder explained some things.