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According to the thread about it on Reddit (https://old.reddit.com/r/gme_meltdown/comments/lrp639/why_is...), it's because:

Some hedge fund bought a bunch of calls and then pumped the underlying. Option sellers had to buy shares to cover.


Option sellers don’t need to buy shares, they can just buy back the options they sold.


What if the buyer doesn't want to sell and requests the shares?

Genuine question, I only have very superficial understating of the option market.


--Stock options are standardized contracts so it doesn't need to be the same buyer.

--Call options cannot be exercised (this would be requesting the shares) until the stock price exceeds the strike price. American options can be exercised at any time, European options can only be exercised at expiry.

--It's typically better to sell an American option rather than exercise early. Options have "intrinsic" and "extrinsic" value. The intrinsic value is what you get when you exercise. Simplifying a bit of messiness away, if your strike price is $30 and the stock is at $50 then by exercising and selling the shares you net $20. But the option at the same time will sell for more than $20. Thus by exercising early, you leave extrinsic value on the table. The time-to-expiry aspect is a significant portion of an option's extrinsic value.


Options are standardised contracts. You only have to find someone willing to sell, it doesn't have to be the original buyer. And, most options traders do not actually want to exercise the options; they simply want the cash. It is much easier to sell the contract a day or two before delivery than to come up with cash to buy the shares only to turn around and sell them again.


Yeah, but there won't be many other options to buy at this price. The idea is the squeeze, right? You buy a lot of options. You prop up the price of the underlying asset and refuse to sell. It's not a typical situation.


Anyone can write options; it is not a fixed supply. There is (almost) always a market maker who will take the bet for the right price.


Then the market maker has to give the option holder the shares.


How you speak. It's something that almost all of us have to do everyday for work and our personal lives and how you speak has a huge effect on how your message is perceived, and each of these interactions over time shapes your relationships.

Since many of us are taking online calls now, this is a great time to record your side to hear how you really sound like. You may be quite surprised - it's not just that your voice sounds different, how often you use filler words, repeat yourself, ramble and the tone that you used can be quite different than what you thought it was. From there, you can identify your weak points, practice (speak on your own and record it) and improve.


I've been making some YouTube videos, and editing the automatic cc makes very clear how many um's, and stutters I have. It is a bad habit I have gotten myself into. Shocking.


What are effective ways to improve on this aspect?


I would recommend recording yourself speaking.

I'm currently between roles (COVID layoffs), and I got feedback on my webcam interview demeanor and speaking style.

My approach for this was to practice my answers to common interview questions out loud while recording myself with Photobooth and then watching the recordings.

There are a couple of dimensions in which I've found this helpful:

   * Sheer number of reps. These help me get more comfortable with telling my career story up until this point, and I've found that my comfort has a direct impact on my interviewer's comfort
   * I spot tics and habits that I wouldn't have otherwise. I noticed that I had a tendency to start my answers with "so, uhhh...". In some cases simply realizing the presence of a tic/habit was enough to get rid of it
   * The recordings reduce the channels from 2 (output + input) to just 1: this helps me analyze what I'm saying and how I'm saying it without having to also think about what I'm going to say
   * Recordings also provide a historic record that I can look back on and see improvement, which helps keep me motivated when the job hunt gets me sad
As a note, if you're anything like me you'll probably hate the sound of your voice. The thing that clicked for me was realizing that this is just the voice that everybody else hears and my friends & family love, and so there's nothing to be ashamed of


1. Talk to people who don't dominate the conversation. Talking to conversation dominators is anti-practice: you're practicing how not to finish your thoughts and express yourself fully.

2. Read smarter material.

3. Write more and edit your writing more than you normally would. That will force you to think about where you can improve your verbal expression.


> 1. Talk to people who don't dominate the conversation. Talking to conversation dominators is anti-practice: you're practicing how not to finish your thoughts and express yourself fully.

I guess the opposite is true if you're the one dominating conversations :-)


your comment and its parent reminded me of this:

https://sambleckley.com/writing/church-of-interruption.html


I would actually say personal branding is not as important early on as niche specialization. For example, you're not just a Rails developer, you're a Rails developer who specializes in building MVPs for SaaS products.

Also I wouldn't focus on content as much right now. It takes a long of time to create and market content that gets meaningful traffic and unless you do keyword research right (or get lucky), it may not even bring in people who need your services.

Instead, you need to ask yourself: where can I find people who need my services? Example: Angellist, accelerator programs, etc. And reach out to them with an idea of what you can help them build. Here's a good template for this: https://artofemails.com/new-clients#developer

Do not wait for them to find you because this is how the feast and famine cycle happens.


There's a flip side to be careful of though. I've known consultants who were probably the world experts in, say, the performance of a now long-dead computer architecture. You do want to specialize to at least some degree. But even if you've found a nice niche, be aware it may not be there forever.


This was an interesting in-depth article about series of leaks and internal turmoil that Google experienced:

https://www.wired.com/story/inside-google-three-years-misery...

1. Soon after, on the plane ride back from a work trip to China, Damore wrote a 10-page memo arguing that biological differences could help explain why there were fewer female engineers at Google, and therefore the company's attempts to reach gender parity were misguided and discriminatory toward men.

On Wednesday, August 2, Damore posted his memo to an internal mailing list called Skeptics. The next day he shared it with Liberty, an internal list for libertarians—one Damore hadn't known existed. By Friday, the tech blog Motherboard was reporting that an “anti-diversity manifesto” had gone viral inside Google.

Pichai was on vacation when his deputies told him that Google had better deal with the Damore situation quickly. Pichai agreed and asked to corral his full management team for a meeting. By Saturday, a full copy of Damore's document had leaked to Gizmodo.

2. Google was reportedly in the process of bidding for a project. It was called the Algorithmic Warfare Cross-Functional Team, otherwise known as Project Maven. The project would involve labeling past drone footage to train a computer vision algorithm so that, once everything was in the cloud, new drone footage could be analyzed automatically.

There was no consensus on Maven inside Google's fractious workforce, which includes former Defense Department researchers, military veterans, and immigrants from countries under US drone surveillance. Even the employee group for veterans was split on the project. But Maven's opponents were organized in a way that Google hadn't really seen before. Employees fanned out into different groups.

3. More leaks from inside Google fed the frenzy. Screenshots of conversations among Google employees on internal social networks, some dating back to 2015, appeared on Breitbart. Meanwhile, on a pro-Trump subreddit, a collage appeared that showed the full names, profile pictures, and Twitter bios of eight Google employees, most of them queer, transgender, or people of color.

For the employees who were being targeted, the leaks were terrifying. How many of their coworkers were feeding material to the alt-right? How many more leaks were coming? And what was their employer going to do to protect them?

4. Late this June, Project Veritas, a right-wing outlet specializing in stings and exposés, published a slew of leaked documents and snippets of hidden-camera footage from inside Google.


Google’s management made a mistake when they fired Damore. Picking a sacrificial lamb to appease their own employee-activist mob has created an uncontrollable monster. Meanwhile, they signaled that non-activists from flyover states should view Google with suspicion. Now, Google needs political goodwill to weather the next round of federal investigations.


>Meanwhile, on a pro-Trump subreddit, a collage appeared that showed the full names, profile pictures, and Twitter bios of eight Google employees, most of them queer, transgender, or people of color.

Perhaps Googlers will finally become sapient and learn the value of privacy...


This sounds downright terrifying.


These featured snippets are great for Google, because they keep you on their search pages longer. But they're bad for the websites because they can completely lose your visit, even though they're the ones who created the content.

These snippets also take up more space on top of the page and along with more ads, it means fewer organic links are appearing on the first page.


I took a peak at the OP's post history (https://news.ycombinator.com/item?id=20945426), it seems this is their chatbot (for FB): https://mapletechno.com/landing.php

Unless you have moved the chatbot to a different website since then, based on the product as is, it would be better to focus on a) translating the website into English and b) finding some beta testers and users.

I guess most of the replies here are based on your use of the word coporation, hence they're sharing advice about lanfing multi-figure deals but realistically, the target market for FB chatbots are small to medium business owners.


Paradoxically if this is the OPs business, in my experience they should greatly, greatly increase price to increase chances of selling to an enterprise.


With Upwork, since they're an intermediary and marketplace and hirers are the ones who are paying and providing supply, it's in their interest to offer services that cater to them like time logging and charging connection fees, even if it's unfriendly for freelancers.

Your best best is to take matters in your own hands, and proactively email people you know you can help with your services. This way, there's no intermediary controlling your relationship with your client and you don't have to play the waiting game either (waiting for referrals or networking to pay off, waiting for people to find your website, etc.)

This may seem hard at first glance but let's the take the example of data science work. You can reach out to startups who recently raised a sizable investment round (sign they have the budget and bigger growth goals) and share a few interesting ways you can help them uncover user behavior patterns that would them hit their next milestones.

Further reading:

[1] https://artofemails.com/get-new-clients

[2] https://blog.hubspot.com/marketing/best-guest-post-pitch-exa...


1. Landing page that shows mockups of your product and how it benefits the audience - capture emails "get notified of launch!"

You can drive traffic to the landing page by sharing it in relevant communities and by setting up some highly targeted ads.

2. Instead of programming your core feature right away, even as a MVP, if possible, do manual non-scaleable work to offer it instead. This lets you test if people want it, without spending much dev time or money.

Example: "Leading into the summer of 2009, the team developed the first incarnation of FanDuel in a Google Docs spreadsheet, says cofounder and chief product officer Tom Griffiths, who recalls recruiting test players on Craigslist and accepting their entry fees via PayPal"


I've heard technique 2 described as a "Wizard of Oz" experience.


There's a lot of focus on how they failed: strayed from their non-label musician roots.

But how would they have been able to monetize?

* Let fans support their favorite musicians a la Patreon and take a % from the donations?

* Partner with music labels to help them scout their next upcoming talents?

* Help musicians book shows at venues and take a % of the sales?


Nitpick but the website preview images are not resized from the originals well so the text and edges in them are all jagged.


Thanks! I'm working on it :)


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