simplifiedforex.com have create a fake review against all legit products and services, this Russian Mafia scumbag owner asks for money for removal of comments & keeps on selling his scammed sponsored products based on binary option.
Updated projectile VFX to better represent its hitbox, especially when it is traveling towards your POV
We’re keeping an eye on the overall power level of Paranoia, but as a first step wanted to resolve visual issues where players hit with Paranoia appear outside of its impact on their screen.
Blade Storm (Burst Fire)
The time between consecutive Burst Fire use has increased from 0.33 seconds >>> 0.45 seconds
Daggers thrown in Burst now have a damage falloff that begins at 12 meters and drops steadily (to 35 damage) at max falloff
Headshot multiplier on Burst Fire reduced from 3x >>> 2x
While we continue to investigate some of her outsized strengths, we think the burst fire on her Blade Storm has been over-performing at long ranges. The burst fire is intended to be a close range attack, but we found it frequently getting frags at over 20 meters away. These changes aim to rein in its effective range while retaining its close range potency.
Viper now starts the round at 100 fuel (previously 50)
Now that Viper can place her wall pre-round, we want her to be able to act with her team right at barrier drop without the tension of also trying to maximize her fuel for an initial move.
Vulnerable debuff applied from Snake Bite now lingers for 2 seconds after leaving Viper’s acid
Immediately dropping the vulnerable debuff upon exit wasn’t creating the threat we’ve hoped for when we added it. This change should make the Viper (and team) advantage window more realistic, as well as project a unique threat on opponents playing around it.
Move speed doubled while casting
Viper now fast equips her weapon after casting, re-equip times vary per gun—but on average will reduce her weapon down time by .4 seconds
The combination of a slow placement and re-equip time was resulting in Viper players getting too hurt or killed while casting ults in a situation we felt should be pretty safe. This change should increase the positional options available while casting, and get your weapon up sooner.
Fire rate bonus decreased from 25% >>> 15%
At its previous fire rate, we felt Empress was too effective when using heavies/smgs, AND too fast to master the change in spray pattern on rifles. We hope this change allows us to address both issues at once, while also giving us a chance to have a unified fire rate increase (matching Brimstone’s stim below) that players can learn and master.
Fire rate bonus increased from 10% >>> 15%
Paired with Reyna’s change (above), we felt Brimstone’s stim could use a little more punch. This also unifies our two fire rate increase buffs, making them easier to learn.
Increased price from 4500 >>> 5000
Decreased scoped movement speed from 76% >>> 72%
Adjusted weapon deadzone from becoming inaccurate at 30% movement speed >>> 15% (become inaccurate sooner, become accurate later when stopping)
Firing rate reduced from .75 >>> .6
Instant equip time adjusted from 0.3 >>> 0.5 (instant equip plays after tapping orb, bomb defuse/plant tap, Jett Cloud Burst, and Phoenix Curveball)
Leg shot damage decreased from 127 >>> 120
Jump land inaccuracy state changed from gradual >>> binary
Jump land inaccuracy duration increased from .2 >>> .225
Jump land inaccuracy value increased from 5.0 >>> 7.0 (more inaccurate for .225s after a land)
During this patch, the chances of being in an hour+ queue should be notably reduced
This is already a very rare occurrence, but it can happen more often for high rank players—especially in premade groups. We are also doing some tuning behind the scenes to keep high rank matches found after long queue times reasonably balanced and fair.
Riot ID Reviews
Players that have been reported for inappropriate Riot IDs will now be reviewed automatically after the match has ended. If their name is flagged as inappropriate, they will be forced to change their Riot ID the next time they log in to the Riot Client.
Removed Multi-line Breaks in Chat
Some sneaky people were impersonating system messages to troll others into quitting a match. Enough!
Changes to party push to talk settings will now take effect immediately
The chat window can now be pinned to stay open across menus
Social Panel Sorting Logic
Sorting algorithm for the social panel has been updated to make it more intuitive for players as they interact with it.
Fixed issue where Sova’s hitbox was incorrect while using his Owl Drone
Fixed bug where Omen’s glowing eyes weren’t properly removed when he cancelled his ult
Fixed a bug where Custom Game preferences would be wiped after navigating away from the Custom Game lobby
Hello ladies, gays, enbys, and other pots-and-pans enthusiasts and welcome to the 2019 Hyperpop Rate! I'm your host, quenched, and am here to guide you through this month's rate full of boundary-pushing, experimental, over-the-top bubblegum bass, or as it is more commonly called, hyperpop. The genre has come a long way since it's humble PC Music beginnings and has grown to boast a large cult fanbase, majority of which is made of members of the LGBTQ+ community. Here are the cling clang bitches we will be rating: In case you're impatient like me and already know the drill... HERE is the link to the Spotify playlist HERE is the link to submit scores
Up first, we have Slayyyter, queen of high-budget-sounding-but-actually-low-budget Grindrcore music, with her self-titled debut mixtape. After releasing a string of singles starting in 2018 with BFF, featuring hyperpop legend Ayesha Erotica, she has held the attention of gays and hyperpop fans everywhere, propelled by her dominating stan-like presence on social media. While not every loose single made the cut for her mixtape, she still has a versatile discography with zero misses, whether making filthy, horny bangers on songs like "Candy" and "Daddy AF", braggadocious bops "Cha Ching" and "Celebrity", or glittery bubblegum pop such as fan-favorite "Mine". Warning: you will become slightly gayer upon album completion.
This rate marks the first time in Popheads rate history we have cut an album from a rate and replaced it with another. LIZ's album "Planet Y2K" was supposed to be in the rate initially, but it came to my attention that she is a transphobic Trump supporter with NO apology or backtrack ever given. So, I posted this comment one day in a Daily Discussion post, and after 72 votes, 65% of you wanted LIZ to be replaced with 100 gecs (which honestly is better anyways musically speaking). 100 gecs are definitely one of the more well known hyperpop acts. The critically acclaimed duo are one of the few hyperpop acts to reach well beyond the LGBTQ+ audience. Consisting of Dylan Brady and Laura Les (who is trans!!!), the duo's debut album, especially money machine, has gone semi-viral within the music sphere and TikTok alike. If you can say one thing about this album, it's that you never know what to expect or what crazy sounds you're going to hear next! They also released a phenomenal remix album called "1000 gecs and The Tree of Clues", reimagining every song on this album and featuring many Popheads favorites such as Charli XCX and Kero Kero Bonito. gecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgecgec
Challenging heteronormativity and the gender binary, Dorian exploded onto the scene with many loose singles, beginning with Clitopia in 2016. These singles led up to Flamboyant, an abrasive, electropop album that doesn't have a single skip! The album also features some production by Dylan Brady, who is one-half of 100 gecs, also present in this rate. Beyond the songs themselves all being bangers, lyrically Dorian explores different aspects of their sexuality and masculinity in songs such as "Emasculate", "Flamboyant", and Adam & Steve, a song which is sure to resonate which any religious gays participating in the rate. Dorian has already released their second album "My Agenda", which I also definitely recommend everyone streams after doing the rate! Note: Dorian uses they/them pronouns so I'm gonna be mad if I get any ballots using anything otherwise!
Lastly we have Hannah Diamond, who has been around the longest of the artists in this rate, releasing her first song in 2013. She was one of the first names in PC Music, taking her until 2019 to release her debut album (giving Sky Ferreira a run for her money as far as album waits go). Featuring A.G. Cook production and dreamy vocals from Hannah, this album was definitely worth the long wait!
Unfortunately for this rate, we couldn't include the queen of hyperpop, Emily Montes, as she did not debut until 2020, therefore not fitting the rate theme. At only 5 years old, she is already receiving fairly decent critical reception. She has two projects on Spotify, the self-titled debut album, Emily Montes and the also self-titled EP, Emily. Featuring experimental production, lyrics that touch on serious topics such as COVID-19 and BLM, and never-before-seen insight into a 5 year old's life, both projects are masterpieces. Despite the seemingly large amount of songs, the bonus rate only lasts 7 minutes and 47 seconds so I definitely recommend setting aside this short amount of time to participate and experience a true visionary. This part is completely optional and is just for fun. You may rate as many or as few songs as you'd like. No 0's or 11's, and and no minimum artist average. Here are the songs for the bonus rate:
After the excellent Wasteland 2, we were excited to get our hands on the new installment, and we can say without fear that it has met expectations. Wasteland 3 is a sign of the love that InXile has for his work and Brian Fargo for the genre that has created a name for him. If you are a lover of the saga or the genre, do not hesitate to enjoy it.
Wasteland 3 doesn’t pull any punches with its subject matter in sexuality, violence, and language. But if you are fine with that, I would highly recommend you give Wasteland 3 a shot, especially if you were (or still are) a Fallout fan.
On Paper Wasteland 3 sounds like the perfect RPG-Dream but the execution leaves much to be desired. Bugs, Glitches and graphics that doesn't really represent a game that releases and the end of this console generation are a bit of a letdown. Everything else from the great story, entertaining NPCs, solid battle system, clever leveldesign over to the love for details is amazing, besides some flaws that should soon be fixed, as inXile and Brian Fargo promise. Everyone that wasn't happy with the latest Fallout Games will surely love Wasteland 3.
Wasteland 3 is a old-school role-playing game, with a compelling story, a combat system that promises but is not groundbreaking and some funny moments and black mood, which always remind us that we are in a post apocalyptic world, but with a smile. Don't forget the powerful character editor, rhythm voices, and the beautiful scenery that puts you in that atmosphere of cold and snowy Colorado.
Wasteland 3 can be a bit of slog if you're gunning for marathon gaming sessions with it at the helm. Combat, whilst exciting initially can fall into the traps of repetition. A little more variety could have negated some of the repeated player actions. That said, the story is compelling and the characters an interesting assortment of misfit survivors, although perhaps fitting post-apocalyptic stereotypes. It's a fun, easy to play game overall though that should well-please fans of the series and keep players entertained for quite some time with its high replay-value. However, aside from some bugs here and there, the impressive amount of voice-work on offer, the character building is the best part of the experience where you can really nurture your ranger squad in this snowy post-apocalyptic world.
At least in my time with it, Wasteland 3 has been a fascinating experience. I’ve come to appreciate its depth of gameplay, character, building, and exploration, even if some of its pieces and parts still feel very foreign to me.
I will be even happier with Wasteland 3 once it’s patched and most of the bugs that bit me end up getting squashed. Even in its current state I’m having a grand ol’ time bringing some justice to the cold depths where no Ranger has dared to before. But for as much of a blast as I’m having out northeast in the cold, I hope I can make it back to sunny Arizona in time to save my fellow lawmen!
Wasteland 3 is a throwback to the old School RPGs of yesteryear, while providing a new combat experience and a bigger world. Players that liked previous Fallout Games, or games like Wasteland 2 or Baldur's Gate will feel right at home with this title, and will have the opportunity to try X-Com like combat. For the amount of content provided, 60 USD is a very good price, and fans of the genre should get more than their money's worth.
Wasteland 3 doesn't bring much new to the table, both as a CRPG and as a piece of post-apocalyptic fiction. But, it's a terrifically executed role-playing game that rewards player investment from beginning to end.
Wasteland 3 is a heady crescendo of post-apocalyptic story-telling. Its combat is compelling and fun while its characters and overall plot are engrossing, even when it goes to some dark places. A must-play for tactical RPG fans.
We’ll update this review if the game is fixed, and the issues outlined are fixed or at least addressed; and then I’ll pick it back up. As it stands now, I’ll be playing something else that isn’t as apt to crash. Buyer beware.
There are a few misgivings related to Wasteland 3's technical aspects, mechanics, and overall challenge. However, its cast of characters (both old and new), the switch to a traditional turn-based combat system, and branching paths filled with decisions and dire consequences make for a superb journey with the Desert Rangers.
With a focus on freedom of choice that is second-to-none, Wasteland 3 has set the benchmark for CRPG narratives, all the while being supported by wonderfully engaging gameplay and roleplaying mechanics.
It took me a while to realize how much these interactions, whether it be the interpersonal conversation or combat encounters themselves, stuck with me. Wasteland 3 has rules, but they only exist for you to bend them. With limitless character creation combinations, branching dialogue choices that affect what quests you do or don’t experience, and multiple endings, Wasteland 3 is an expanse of content and opportunity. The change in locale does wonders, no longer relying on a tired post-apocalyptic biome. Wasteland 3 has a wonderful backdrop in Colorado’s frozen wastes, making it the perfect place to spend a nuclear winter.
Wasteland 3 takes players to a new location and presents them with equally unfamiliar challenges, yet still perfectly demonstrates all of the reasons why this series has had die-hard fans for over three decades, and is absolutely worth playing for anyone looking for their next post-apocalyptic fix.
Wasteland 3 doesn't change its predecessor's successful formula but, outside of certain design limitations, it perfects and modernizes it. It's easily the best game in the franchise, in terms of pure technique, and one that clearly gives you an idea of what inXile is able to achieve.
Wasteland 3 is a good role-playing game, technically passable but enriched by a dense network of intriguing subplots that will push the most dedicated to play it several times. Watch out for the ever-present release bugs, though – best to wait a couple patches if you want to avoid unnecessary hurdles.
Wasteland 3 features everything only the best role-playing games do: an engaging story powered by excellent writing, compelling characters, tons of customization options, and a deep tactical combat system that feels fresh even after dozens of hours. But, most of all, it features a living world that reacts to what the player does, and changes depending on how the player decides to deal with the troubles ahead, providing a role-playing experience of the highest degree, one that very few games can boast of.
Wasteland 3 is a testament to the power of the branching narrative, taking it far beyond binary choices and into a grand canopy of cause and effect. It gives the wintry climbs of Colorado a lifelike quality that must have been painstaking to build. The most impressive RPG in years, Wasteland 3 is a masterpiece.
Wasteland 3 shines with clear dedication to crafting the best game its genre has ever seen. Excellent visuals are matched by top notch voice work and some of the best and most natural writing I have seen in a video game not made by Naughty Dog. The combat is a brutal dance where one wrong move can spell disaster, but victory is an exhilarating rush that never becomes old. Wasteland 3 cements inXile as one of the best in the business in the RPG genre and affirms that Xbox has something truly special on their hands.
Recently on the csharp subreddit, the post C# 9.0 records: immutable classes linked to a surprisingly controversial article discussing how C# 9.0's records are, underneath it all, immutable classes. The comments are full of back-&-forth over whether one should use records for ease or structs for performance. The pro-struct argument revolved around the belief that performance should always be a developer's #1 priority, and anything less was the realm of the laggard. Here is a real-world example that shows with stark clarity why that kind of thinking is wrong. Consider the following scenario:
You're working on a game with dozens, maybe hundreds of people on the team; you don't know because when you were cross with facilities about them removing all the fluorescents, you got accused of being against the new energy saving initiative. Now you swim in a malevolent ocean of darkness that on some very late nights alone in the office, you swear is actively trying to consume you.
The team that preceded you inherited an engine that is older than OOP, when source repositories were stacks of 8-inch floppies, and it looked as if Jefferson Starship was going to take over the world. One year ago they bequeathed upon the company this nightmare of broken, undocumented GOTO spaghetti & anti-patterns. You're convinced this was their sadistic revenge for all getting fired post-acquisition.
Management denied your request to get headcount for an additional technical artist, but helpfully supplied you with an overly nervous intern. After several weeks working alongside them, you're beginning to suspect they're pursuing something other than a liberal arts degree.
Despite the many getting started guides you spent countless evenings writing, the endless brownbags nobody attended, and the daily dozen emails you forward to oppressively inquisitive artists comprised of a single passive-aggressive sentence suggesting they scroll down to the part that begins FW: FW: FW: FW: FW: FW: RE: WE BROKE TOOL NEED WORKAROUND ASAP ...
...yes, despite all of that, the engineering team still spent days tracking down why the game kept crashing with Error 107221: У вас ошибка after re-re-re-re-re-throwing an ex_exception when it couldn't (and should never even try to) load a 16K-textured floor mat.
Despite your many attempts to politely excuse yourself, one blissfully unaware artist exhausts 48 minutes of your lunch break explaining how the Pitchfork review for the latest "dope slab" of this TikTok-Instagram-naphouse artist you never heard of was just sooooo unfair.
And then in their hurry to finish up & catch the 2:30 PM bus home, they forget to toggle Compress To CXIFF (Custom Extended Interchange File Format), set the Compression slider 5/6ths of the way between -3 & -2, look to their left, look to their right, click Export As .MA 0.9.3alpha7, and make absolutely, positively, 100% SURE not to be working in prod. And THAT is how the game explodicated.
You know better than anyone the intermediate file format the main game loop passes to Game.dll, memory mapping it as a reverse top-middle Endian binary structure.
You know for 381 of the parameter fields what their 2-7 character names probably mean.
YOU know which 147 fields always have to be included, but with a null value, and that the field ah_xlut must ALWAYS be set to 0 unless it's Thursday, in which case that blackbox from hell requires its internal string equivalent: TRUE.
YOU know that the two tech artists & one rapidly aging intern that report to you would totally overhaul tooling so artists would never "happen" again, but there just aren't enough winters, springs, summers, falls, July 4ths, Christmas breaks, Presidents Days, and wedding anniversaries in a year to properly do so.
And so somehow you do. A blurry evening or two here. A 3:00 AM there. Sometimes just a solitary lunch hour.
Your dog no longer recognizes you.
You miss your wife calling to say she's finally cleaning out the hall closet and if you want to keep this box of old cards & something in plastic that says Underground Sea Beta 9.8 Grade, you better call her back immediately.
And your Aunt Midge, who doesn't understand how SMS works, bombards you one evening: your father is... no longer with us... they found him... 1 week ago... in an abandoned Piggly Wiggly... by an old culvert... split up... he was then... laid down to rest... sent to St. Peter's... and your father... he's in a better place now... don't worry... it's totally okay... we decided we will all go... up to the mountain
You call your sister in a panic and, after a tidal wave of confusion & soul-rending anxiety, learn it was just Hoboken Wireless sending the messages out of order. This causes you to rapidly cycle.
On your bipolar's upswing, you find yourself more productive than you've ever been. Your mind is aglow with whirling, transient nodes of thought careening through a cosmic vapor of invention. It's like your brain is on 200mg of pure grade Adderall.
Your fingers ablaze with records, clean inheritance, beautiful pattern matching, bountiful expression syntax, aircraft carriers of green text that generate the most outstanding CHM for an internal tool the world has ever seen. Readable. PERFECTLY SOLID.
After much effort, you gaze upon the completed GUI of your magnum opus with the kind of pride you imagine one would feel if they hadn't missed the birth of their son. Clean, customer-grade WPF; tooltips for every control; sanity checks left & right; support for plugins & light scripting. It's even integrated with source control!
THOSE GODDAMNED ARTISTS CAN'T FAIL. YOUR PIPELINE TOOL WON'T LET THEM.
All they have to do is drag content into the application window, select an options template or use the one your tool suggests after content analysis, change a few options, click Export, and wait for 3-5 minutes to generate Game.dll-compatible binary.
Your optimism shines through the commit summary, your test plan giddy & carefree. With great anticipation, you await code review.
A week goes by. Then two. Then three. Nothing. The repeated pinging of engineers, unanswered.
Two months in you've begun to lose hope. Three months, the pangs of defeat. Four months, you write a blog post about how fatalism isn't an emotion or outlook, but the TRANSCENDENCE of their sum. Two years pass by. You are become apathy, destroyer of wills.
December 23rd, 2022: the annual Winter Holidays 2-hour work event. The bar is open, the Kokanee & Schmidt's flowing (max: 2 drink tickets). The mood a year-high ambivalent; the social distancing: acceptable. They even have Pabst Blue Ribbon, a beer so good it won an award once.
Standing beside you are your direct reports, Dave "Macroman" Thorgletop and wide-eyed The Intern, the 3 of you forming a triumvirate of who gives a shit. Dave is droning on & on about a recent family trip to Myrtle Beach. You pick up something something "can you believe that's when my daughter Beth scooped up a dead jellyfish? Ain't that something? A dead jellyfish," and "they even had a Ron Jons!"
You barely hear him, lost as you are in thought: "I wishIhad 2 days of vacation." You stare down ruefully at your tallboy.
From the corner of your eye you spot Milbert, index finger pointed upward, face a look of pure excitement.
"Did I tell you about my OpenWinamp project? It's up on SourceForge", he says as he strides over. It's unsettling how fast this man is.
Dave snickers. The Intern keeps staring wide-eyed. You position yourself somewhat close to the studio's 3 young receptionists, hoping they serve as a kind of ritual circle of protection.
It works... kind of. Milbert is now standing uncomfortably close to The Intern, Dave nowhere to be seen.
From across the room you distinctly hear "Think about it, the 1st-person UI could be Lua-driven Electron."
The Intern clearly understands that words are being spoken to them, but does not comprehend their meaning.
You briefly feel sorry for the sacrificial lamb.
You slide across the wall, putting even more distance between you & boredom made man. That's when you spot him, arrogantly aloof in the corner: Glen Glengerry. Core engineering's most senior developer.
Working his way up from a 16-year old game tester making $4.35 an hour plus free Dr. Shasta, to pulling in a cool $120K just 27-years later, plus benefits & Topo Chicos. His coding style guides catechism, his Slack pronouncements ex cathedra; he might as well be CTO.
You feel lucky your team is embedded with the artists. You may have sat through their meetings wondering why the hell you should care about color theory, artistic consistency, & debates about whether HSL or CMYK was the superior color space (spoiler: it's HSL), you were independent and to them, a fucking code wizard, man.
And there he stands, this pseudo-legend, so close you could throw a stapler at him. Thinning grey-blonde tendrils hanging down from his CodeWarrior hat, white tee with This Guy VIMs on the back, tucked into light blue jeans. He's staring out into the lobby at everything and yet... nothing all at.
Maybe it's the 4.8% ABV. Maybe it's the years of crushing down anger into a singularity, waiting for it to undergo rapid fiery expansion, a Big Bang of righteous fury. Maybe it's those sandals with white socks. Maybe it's all three. But whatever it is, it's as if God himself compels you to march over & give him a piece of your mind, seniority be damned.
"Listen, you big dumb bastard..."
That... is maybe a little too aggressive. But Glen Glengerry barely reacts. Pulling a flask out of his back pocket, he doesn't look over as he passes it to you.
Ugh. Apple Pucker.
"I thought bringing in your own alcohol was against company policy", wiping sticky green sludge from your lips. He turns with a look of pure disdain & snorts.
"You think they're going to tell ME what I can & can't bring in?" He grabs the flask back, taking a big swig.
For what feels like an eternity, you both stand in silence. You swallow, speaking softly. "None of you even looked at my code. I worked very, very hard on that. My performance review for that year simply read 'recommend performance improvement plan." The words need no further context.
"I know", Glen² replies. "That was me."
Now you're not a weak man, and maybe in some other circumstance you would have punched him in the goddamn lip. But you feel nothing, just a hollowness inside. "Why?", you ask, wondering if the answer would even matter.
"Because you don't use Bulgarian notation. Because your method names aren't lower camel case. Because good code doesn't require comments. Because you use classes & records over more performant structs, pointlessly burdening the heapstack. BECAUSE. YOUR CODE. IS. SHIT."
You clinch your fists so tightly the knuckles whiten.
He looks away from you, taking another sip of green goo. "You're not a coder. You're an artist masquerading as one" he speaks, as if it were fact.
The only thing artistic about you is the ability to create user-friendly internal tooling using nothing but a UI framework, broken down garbage nobody wants to touch, & sheer willpower. If your son's life depended on you getting accepted into art instruction school, you couldn't even draw a turtle.
He doesn't pause. "I'll champion ruthless micro-optimization until the day I die. But buddy, I'm going to let you in on a little secret: you aren't here to improve workflow. You're here to LOOK like you're doing something NOBODY else can."
He goes on. "What do you think those artists are going to do when they have to stare at a progress bar for 4, 5 minutes? They're going to complain your tool is slow."
"Sure, it may take them 20, 30 minutes to do it the old way, there'll be an error, and either they'll stare at it for 30 minutes before adding that missing semi-colon or they'll come get you. And you'll fix it. And 1 week later, they won't remember how. And you'll stay employed. And every. Body. Wins."
A little bit of the pride, the caring, wells back up inside from somewhere long forgotten.
"You don't think we should care about rapid application development & KISS, quickly getting things out that help our team, instead devoting ourselves to shaving off ticks here & there? What do you think artists are going to do with those 4 minutes you talk about?
You don't stop. "I'll tell you what they'll do. They'll 9GAG for 20 minutes straight. They'll listen to podcasts about dialectical materialism vis-a-vis the neo-feudalism that is a natural extension of the modern world's capitalist prison. They'll Reddit."
His silence gives you the bravery to push the limits.
"Christ, man. Are you only in it for the $120K..."
He corrects you: "...$123K."
"...only in it for the $123K/year? The free snacks from the microkitchen? The adulation? Have you no sense of comraderie?? No desire to push us to something better?! No integrity?!!!"
His eyes sharply narrow, face creases in anger. You clearly have overstepped your bounds.
"You thinkIdon't have integrity? No sense of teamwork? I'm only in it for the cold cash? You think I don't care about you all?", he roars.
A light volley of small green flecks land on your face.
"Why do you think they made a 16-year old tester the lead developer of a 1993 Doom clone?! Because my code was clean & painless to work with?! Because I made coding look easy?! No! IT WAS BECAUSE I WAS A GOD TO THEM.
And from a God, a PANTHEON. We built monuments to over-engineering! We crafted that of 7 weeks onboarding, that of immortal bugs, demonic hosts spawned by legion from the very loins of a fix. It took 2 years before a developer could BEGIN to feel confident they knew what they were doing. And by that time, they were one of US!
You think the team we laid off November '19 was fired because they were bad at their jobs? NO! It was because they worked themselves out of one. They didn't leave us a broken pipeline. They left an internal Wiki, a wealth of tools & example projects, and a completely transparent code base.
We couldn't have THAT, now could we? No, we couldn't. So we got rid of it. ALL OF IT. Poof. Gone. Just like that. Before anyone even knew a THING."
He leans forward, so close his psoriasis almost touches yours. With an intensity that borders on frightening, he whispers "You think they left us Game.dll? I fucking *MADE** Game.dll."*
The words hit hard like a freight train.
And without another word, he turns & leaves. You're left there, alone, coworkers milling about, with only one thought.
Were one to get a hobby, should it be cocaine?
It's these kinds of situations that make me believe there are far more important considerations than a ruthless dedication to performance, even in the game industry as my real-world scenario so clearly demonstrates.
CMV: Cosmetic Genital Surgeries on Intersex Children Shouldn't be Legal
Nature doesn't follow the boundaries that humans have created to define male and female. Internal and external genitalia, chromosomes, gonads, and hormones don't always align with the binary classifications. And this is not a rare occurrence. According to what is thought to be the most accurate study to date (Blackless, "How sexually dimorphic are we? Review and synthesis"), approximately 2% of the population is born with differences in sex development, aka bodies that don't align with what is typically male or female. That is the same as the percentage of people with green eyes or red hair- ~156 million people. Differences in sex development aren't anomalous, they are an expected biological variation on the spectrum of sex development. But western/modern culture doesn't recognize this and actively erases the existence of intersex traits because they don't conform to the binary model we created. Due to the pressure to fit in with the social understanding of male and female, "gender normalizing" surgeries are often performed. These are rarely medically necessary and take place even when the infant is perfectly healthy. These surgeries didn't start because medical professionals were didn't know the sex of the infant, they started because they thought society wouldn't be able to accept their bodies' differences as the sex they were. Essentially, they are only done to enforce gender norms. Even when they present no harm to the infant, doctors pathologize intersex traits and present them as a medical emergency. For the majority of cases, the only "medical emergency" is that intersex traits challenge the sex binary of modern society and the medical professionals' ideas of gender and sex. Infants and children cannot consent, so these surgeries also violate their right to autonomy over their bodies and futures. They are irreversible and can have lifelong consequences. When it is done with parental consent, the parents who make the decision for their children are often uninformed and pressured by the doctors. The surgical procedures are also an issue in and of themselves. They often only focus on heteronormative sexual performance. For example, the surgically constructed vaginal canal just has to be “a hole big enough to fit a typical-sized penis. It is not required to be self-lubricating or even to be at all sensitive” (Dreger). Clitoridectomies (the removal or reduction of the clitoris) are associated with permanent nerve damage, scarring, incontinence, loss of sexual function, and painful intercourse. Studies done by C.L. Minto and Peter Lee found that almost 80% of people who received clitoridectomies as an infant had difficulty experiencing sexual pleasure, 56% had dyspareunia, and approximately 40% had complete anorgasmia. Under the U.S law, female genital mutilation is considered to be barbaric and a human rights violation that's illegal even when a consenting adult requests it. Yet when it happens to infants with intersex conditions that cannot consent, it's apparently fine. Also, unnecessary gonadectomies in infants makes them sterile, taking away their choice to have kids and forcing them to rely on HRT for the rest of their life. There is also evidence that genital surgery on infants has worse outcomes than for adults. The results of vaginoplasties tend to be be more successful when the patient has higher estrogen levels and there is a reduced rate of vaginal stenosis when performed in adulthood. The scar tissue can also limit the options for genital surgery that the patient might want/need in the future I'm completely pro cosmetic genital surgery once the intersex individual is old enough to consent and has been fully informed on the risks and benefits of the procedures. I'm also not against assigning a gender to an infant at birth, I just think that can be done without surgical intervention. I just don't see what's wrong about waiting and seeing how the child develops (because doctors can attempt to predict this, but it is not 100% accurate) and what gender they end up identifying as (which cannot be predicted). The lack of consent for an irreversible surgery, violation of body integrity, risk of assigning the wrong gender, loss of sexual function, and nonconsensual sterilization are all huge red flags for me. The main arguments I ever see against this is that it makes things easier for the parents and the child's future "psychological health", but even those things have been disproved. Actually, research shows that besides physical harm, the surgeries can cause significant mental harm as well, including PTSD, gender dysphoria, iatrophobia, body dysmorphia, genophobia, depression, trust issues, suicidal ideation, anxiety disorders, self-loathing, etc (Tamar-Mattis). I suppose I do somewhat understand why it happens, especially since our society that cares so much about appearance and people tend to fear things that are "different." But that's not really a logical explanation and also doesn't mean it is ethical and should be legal. Also, society is much more accepting of differences now (as compared to the 1960's when these surgeries became popular) and sometimes even celebrates them. I can't think of any legitimate, evidence-backed reason as to why cosmetic genital surgery for infants with intersex conditions should continue to happen. I must admit that I have bias, as I am an intersex male who was subjected to cosmetic feminizing surgery as an infant and I'm pretty salty about it. However, I want to hear more from those who believe it should be done and am open to revising my views on the issue. I would like to ask that you include credible sources when mentioning statistics, etc. I am happy to dm my bibliography of sources to anyone who requests it.
Gentlemen, Ladies and those otherwise addressed - we know you've been waiting for a good thing, and the survey results are finally ready! The answers were collected from you all during August 2020 with 1428 unique replies. That's a participation of 0.5% of all subscribers! That's really not too bad, when you keep in mind how popular these kind of surveys are. But we here at /peloton want to show you that this is all about presenting the information in the subreddit to cater better to our audience! Updated after a few hours to include some more historical data the final edit that for some reason wasn't copied properly
Without further ado, let's get cracking on the response
You and Cycling
1. Where do you live?
Largely the same picture as ever, with the US leading the way, the UK in second and then a sliding scale of Europeans countries. Slovenia continues to pick its way up the pile for obvious reasons! World Map to demonstrate
2. What's your age?
Pretty much the same as last year, with the usual reddit demographics of majority 20 somethings dominating.
3. What's your gender?
More normality here for reddit.
4. How much of the men's season do you watch/follow?
March '18 (%)
August '18 (%)
WT Stage races
WT One day races
Non WT Stage races
Non WT One day races
Literally everything I can consume
Whilst GT following may be down (somehow), all the lower level stuff is up, which makes sense considering how desperate we have been for any racing during the season shutdown.
5. Do you maintain an interest in women's professional road racing?
Do you maintain an interest in women's professional road racing?
Still very much a half/half interest in women's cycling on the subreddit.
6. How much of the women's season do you follow?
The following is true for the half of you that follows womens cycling.
Just the biggest televised events
Most of the live televised/delayed coverage stuff
All televised racing
Down to .Pro & beyond
7. How long have you been watching cycling?
Under a year
25 years +
Simplified the years a little this time, but whilst we have a fair number of newbies, most people have picked the sport up since around 2013/14.
8. Do you have like/dislike feelings about WT teams?
Once more, 14.4% of people really don't have feelings on the subject. Of those that do:
So, the most popular team this year is Jumbo-Visma, followed by Quick-Step & Bora-hansgrohe. Least popular are Ineos & UAE. As per usual, no one cares about NTT & CCC, with nearly 81% of users rating NTT as meh. Pretty damning stuff. Lastly, we have the usual historical comparison of how teams have fared over time, normalised to respondents to that question on the survey. Things to note then, firstly that the Astana redemption arc is over, seeing them back in the negative, maybe Fulgsangs spring issues helped aid that? The petrodollar teams of UAE & Bahrain are stubbornly negative too, with Israel keeping up the Katusha negative streak. Meanwhile, at the top end, EF & Jumbo go from strength to strength, whilst some others like Sunweb are sliding over time - their transfer policies no doubt helping that.
10. Do you ride a bike regularly?
No, I don't
Still a fairly small group of racers out of all of us
11. Out of the sports you practice, is cycling your favourite?
A new addition to the survey prompted by a good point last time, just over half of us rate cycling as the favourite sport we actually do.
12. What other sports do you follow?
Association Football / Soccer
Track & Field
Esports (yes, this includes DotA)
Motorsports (Not including F1)
Football always tops the charts, and Formula 1 continues to rank extremely highly among our userbase. Those who have a little following below 5% include Sailing, Fencing, Surfing, Boxing & Ultra-Running. Other cycling disciplines
13. Out of the sports you follow, is cycling your favourite sport?
Good. Makes sense if you hang out here.
14. How often do you participate in a /Peloton Race Thread whilst watching a race?
I always participate in Race Threads during races
I follow Race Threads during races
I often participate in Race Threads during races
I rarely/never participate in Race Threads during races
Slightly less invested than before, reverting back to an older trade.
15. How do you watch Races?
Free Local TV
Desperately scrabbling for Youtube highlights
Paid Streaming services
Year on year, paid streaming services go up - the increasing availability of live content legally continues to improve, and so do the numbers on the survey.
16. Where else do you follow races live (in addition to watching them)?
We can safely say that most of us were wrong about this one. That's not a lot of confidence in Richie Porte either, the man who was to finish on the third spot of the podium. Alexander Foliforov (0,23%) had just a tiny number of votes less, and that man wasn't even in the race.
24. What for you was the defining cycling moment of the previous decade?
We had a lot of brilliant suggestions, but these were the clear five favourites when we tabulated the results.
2018 Giro - Chris Froome Solo Attack
2016 TDF - Chris Froome Running up Ventoux
2019 TDF - Landslides, First Columbian Winner, Pinot's bitter abandon - This was one race for the ages
2016 Paris-Roubaix - Mostly known for Tom Boonen losing. Also, some guy called Mat won.
2019 AGR - MvdP with his incredible catch-up for the win.
Honorable mentions go to the Giro 2018, which had Tom Dumoulin winning, and of almost identical fascination to many of you - Tom Dumoulin going on someones porta-potty in the middle of the stage. Little bit of recency bias perhaps, but that's better than ignoring that this was for the last decade and firmly insisting Tom Boonens 2005 WC win was the biggest thing. Special shoutout to almost all the Danes present in /peloton who voted for Mads Pedersens WC win last year. It's an understandable reaction.
25. Any suggestions for the Survey?
Could you add a section on rider popularity, same as for the teams?
Ask how people became interested in cycling
Ask how people watch cycling (e.g. TV Channels/Streaming etc.)
If you could be an animal for one day, which one would it be?
Would you wear a facemask while watching a cycling race live?
Which race do you look forward to see the most every year?
Favourite riders of your own country?
How many bikes do you own?
We promise to feature one of these suggestions in the next survey Suggestions
Always have a “no” or “not interested” option
We will try to implement this. But it will also skew results. About the Survey
More questions about womens cycling would be nice.
Less questions about womens cycling
The subscribers are torn on Women's cycling, nearly a 50/50 split there as the survey showed - The moderators at /peloton are firmly in the "more cycling is better" basket, and we will continue to get as good coverage of womens cycling as possible.
Are you trying to give the moderators PTSD? Because this is how you give the moderators PTSD.
26. Any suggestions for the sub?
More stationary fitness bike related content
ALSJFLKAJSLDKJAØLSJKD:M:CSAM)=#/()=#=/")¤=/)! - Your moderator seems to be out of function. Please stand by while we find you a new moderator
The Weekly threads are great for these types of questions, where several people can contribute and build up once it is understood which information is relevant.
Allow limited doping talk in result threads.
Our experience is that "limited" will never be so, if we're going to moderate it fairly. Moderating is not a popularity contest, but believe it or not, we're actually trying to be as fair as possible. and for that, we need rules that are not subjective. Unless you have a stationary exercise bike.
Written original content is always great - recaps, old race reviews or interesting rider bios, etc.
More non-race threads
Try and do some AMAs with pro cyclists, coaches, trainers, etc
All of these are good suggestions, but remember that all of you can also contribute - The mods are sometimes stretched thin, specially in the middle of hectic race schedules. It's easier if one of you has a way to contact a rider or a person of interest and can facilitate the initial communication.
Standardize major event thread titles for better search.
We've worked on this! The Official Standard is now as follows: [Race Thread] 202x Race Name – Stage X (Class)
A wiki that explains how races work. Roles of diff riders/support staff. History of racing.
This sounds as a nice community project for the after-season, and hopefully many of you subscribers can contribute.
Tidy up the sidebar!
Come with suggestions on how to tidy it up!
Don't assume everyone reading is a man, "thanks, bro". But that goes for all of Reddit. I know you can't fix that.
We have chastised all the mods. They are now perfectly trained in gender-neutral pronouns. Be well, fellow being.
Have a buy you a beer link for the mods for all the work you do.
If we can implement this for hard liquor, you know we will.
Remove the spoiler rule during grand tours. It kills the hype.
The spoiler rule is one that is discussed frequently - in general - some users absolutely hate it, but a majority love it. Perhaps we'll include a question in the next survey to see how this divide is exactly.
Lose the spoiler tag when it is for serious things; Lambrecht death, Jakobsen fall.
We actually do - whenever there is a matter of life or death, we think public information is more important than a spoiler rule. But at the same time, we try to collect all the different posts into one main thread, so to keep things focused and letting very speculative posts meet with hard evidence from other sources.
Less downvoting of opinions that differ from the fashionable consensus.
This is a tough ask of the internet. While we can agree that voting should be done accordingly to what insights they bring, not subjective opinions, it is very hard to turn that type of thinking around. We can ask of you, our subscribers, that you please think twice about hitting that downvote button, and only do so because of you think a post is factually incorrect, not because it differs with your own subjective opinion. That's the primary analysis of the survey! Feel free to contribute with how you experience things here!
No gods, no kings, only NOPE - or divining the future with options flows. [Part 3: Hedge Winding, Unwinding, and the NOPE]
Hello friends! We're on the last post of this series ("A Gentle Introduction to NOPE"), where we get to use all the Big Boy Concepts (TM) we've discussed in the prior posts and put them all together. Some words before we begin:
This post will be massively theoretical, in the sense that my own speculation and inferences will be largely peppered throughout the post. Are those speculations right? I think so, or I wouldn't be posting it, but they could also be incorrect.
I will briefly touch on using the NOPE this slide, but I will make a secondary post with much more interesting data and trends I've observed. This is primarily for explaining what NOPE is and why it potentially works, and what it potentially measures.
My advice before reading this is to glance at my prior posts, and either read those fully or at least make sure you understand the tl;drs: https://www.reddit.com/thecorporation/collection/27dc72ad-4e78-44cd-a788-811cd666e32a Depending on popular demand, I will also make a last-last post called FAQ, where I'll tabulate interesting questions you guys ask me in the comments! --- So a brief recap before we begin. Market Maker ("Mr. MM"): An individual or firm who makes money off the exchange fees and bid-ask spread for an asset, while usually trying to stay neutral about the direction the asset moves. Delta-gamma hedging: The process Mr. MM uses to stay neutral when selling you shitty OTM options, by buying/selling shares (usually) of the underlying as the price moves. Law of Surprise [Lily-ism]: Effectively, the expected profit of an options trade is zero for both the seller and the buyer. Random Walk: A special case of a deeper probability probability called a martingale, which basically models stocks or similar phenomena randomly moving every step they take (for stocks, roughly every millisecond). This is one of the most popular views of how stock prices move, especially on short timescales. Future Expected Payoff Function [Lily-ism]: This is some hidden function that every market participant has about an asset, which more or less models all the possible future probabilities/values of the assets to arrive at a "fair market price". This is a more generalized case of a pricing model like Black-Scholes, or DCF. Counter-party: The opposite side of your trade (if you sell an option, they buy it; if you buy an option, they sell it). Price decoherence ]Lily-ism]: A more generalized notion of IV Crush, price decoherence happens when instead of the FEPF changing gradually over time (price formation), the FEPF rapidly changes, due usually to new information being added to the system (e.g. Vermin Supreme winning the 2020 election). --- One of the most popular gambling events for option traders to play is earnings announcements, and I do owe the concept of NOPE to hypothesizing specifically about the behavior of stock prices at earnings. Much like a black hole in quantum mechanics, most conventional theories about how price should work rapidly break down briefly before, during, and after ER, and generally experienced traders tend to shy away from playing earnings, given their similar unpredictability. Before we start: what is NOPE? NOPE is a funny backronym from Net Options Pricing Effect, which in its most basic sense, measures the impact option delta has on the underlying price, as compared to share price. When I first started investigating NOPE, I called it OPE (options pricing effect), but NOPE sounds funnier. The formula for it is dead simple, but I also have no idea how to do LaTeX on reddit, so this is the best I have: https://preview.redd.it/ais37icfkwt51.png?width=826&format=png&auto=webp&s=3feb6960f15a336fa678e945d93b399a8e59bb49 Since I've already encountered this, put delta in this case is the absolute value (50 delta) to represent a put. If you represent put delta as a negative (the conventional way), do not subtract it; add it. To keep this simple for the non-mathematically minded: the NOPE today is equal to the weighted sum (weighted by volume) of the delta of every call minus the delta of every put for all options chains extending from today to infinity. Finally, we then divide that number by the # of shares traded today in the market session (ignoring pre-market and post-market, since options cannot trade during those times). Effectively, NOPE is a rough and dirty way to approximate the impact of delta-gamma hedging as a function of share volume, with us hand-waving the following factors:
To keep calculations simple, we assume that all counter-parties are hedged. This is obviously not true, especially for idiots who believe theta ganging is safe, but holds largely true especially for highly liquid tickers, or tickers will designated market makers (e.g. any ticker in the NASDAQ, for instance).
We assume that all hedging takes place via shares. For SPY and other products tracking the S&P, for instance, market makers can actually hedge via futures or other options. This has the benefit for large positions of not moving the underlying price, but still makes up a fairly small amount of hedges compared to shares.
Winding and Unwinding
I briefly touched on this in a past post, but two properties of NOPE seem to apply well to EER-like behavior (aka any binary catalyst event):
NOPE measures sentiment - In general, the options market is seen as better informed than share traders (e.g. insiders trade via options, because of leverage + easier to mask positions). Therefore, a heavy call/put skew is usually seen as a bullish sign, while the reverse is also true.
NOPE measures system stability
I'm not going to one-sentence explain #2, because why say in one sentence what I can write 1000 words on. In short, NOPE intends to measure sensitivity of the system (the ticker) to disruption. This makes sense, when you view it in the context of delta-gamma hedging. When we assume all counter-parties are hedged, this means an absolutely massive amount of shares get sold/purchased when the underlying price moves. This is because of the following: a) Assume I, Mr. MM sell 1000 call options for NKLA 25C 10/23 and 300 put options for NKLA 15p 10/23. I'm just going to make up deltas because it's too much effort to calculate them - 30 delta call, 20 delta put. This implies Mr. MM needs the following to delta hedge: (1000 call options * 30 shares to buy for each) [to balance out writing calls) - (300 put options * 20 shares to sell for each) = 24,000net shares Mr. MM needs to acquire to balance out his deltas/be fully neutral. b) This works well when NKLA is at $20. But what about when it hits $19 (because it only can go down, just like their trucks). Thanks to gamma, now we have to recompute the deltas, because they've changed for both the calls (they went down) and for the puts (they went up). Let's say to keep it simple that now my calls are 20 delta, and my puts are 30 delta. From the 24,000 net shares, Mr. MM has to now have: (1000 call options * 20 shares to have for each) - (300 put options * 30 shares to sell for each) = 11,000 shares. Therefore, with a $1 shift in price, now to hedge and be indifferent to direction, Mr. MM has to go from 24,000 shares to 11,000 shares, meaning he has to sell 13,000 shares ASAP, or take on increased risk. Now, you might be saying, "13,000 shares seems small. How would this disrupt the system?" (This process, by the way, is called hedge unwinding) It won't, in this example. But across thousands of MMs and millions of contracts, this can - especially in highly optioned tickers - make up a substantial fraction of the net flow of shares per day. And as we know from our desk example, the buying or selling of shares directly changes the price of the stock itself. This, by the way, is why the NOPE formula takes the shape it does. Some astute readers might notice it looks similar to GEX, which is not a coincidence. GEX however replaces daily volume with open interest, and measures gamma over delta, which I did not find good statistical evidence to support, especially for earnings. So, with our example above, why does NOPE measure system stability? We can assume for argument's sake that if someone buys a share of NKLA, they're fine with moderate price swings (+- $20 since it's NKLA, obviously), and in it for the long/medium haul. And in most cases this is fine - we can own stock and not worry about minor swings in price. But market makers can't* (they can, but it exposes them to risk), because of how delta works. In fact, for most institutional market makers, they have clearly defined delta limits by end of day, and even small price changes require them to rebalance their hedges. This over the whole market adds up to a lot shares moving, just to balance out your stupid Robinhood YOLOs. While there are some tricks (dark pools, block trades) to not impact the price of the underlying, the reality is that the more options contracts there are on a ticker, the more outsized influence it will have on the ticker's price. This can technically be exactly balanced, if option put delta is equal to option call delta, but never actually ends up being the case. And unlike shares traded, the shares representing the options are more unstable, meaning they will be sold/bought in response to small price shifts. And will end up magnifying those price shifts, accordingly.
NOPE and Earnings
So we have a new shiny indicator, NOPE. What does it actually mean and do? There's much literature going back to the 1980s that options markets do have some level of predictiveness towards earnings, which makes sense intuitively. Unlike shares markets, where you can continue to hold your share even if it dips 5%, in options you get access to expanded opportunity to make riches... and losses. An options trader betting on earnings is making a risky and therefore informed bet that he or she knows the outcome, versus a share trader who might be comfortable bagholding in the worst case scenario. As I've mentioned largely in comments on my prior posts, earnings is a special case because, unlike popular misconceptions, stocks do not go up and down solely due to analyst expectations being meet, beat, or missed. In fact, stock prices move according to the consensus market expectation, which is a function of all the participants' FEPF on that ticker. This is why the price moves so dramatically - even if a stock beats, it might not beat enough to justify the high price tag (FSLY); even if a stock misses, it might have spectacular guidance or maybe the market just was assuming it would go bankrupt instead. To look at the impact of NOPE and why it may play a role in post-earnings-announcement immediate price moves, let's review the following cases:
Stock Meets/Exceeds Market Expectations (aka price goes up) - In the general case, we would anticipate post-ER market participants value the stock at a higher price, pushing it up rapidly. If there's a high absolute value of NOPE on said ticker, this should end up magnifying the positive move since:
a) If NOPE is high negative - This means a ton of put buying, which means a lot of those puts are now worthless (due to price decoherence). This means that to stay delta neutral, market makers need to close out their sold/shorted shares, buying them, and pushing the stock price up. b) If NOPE is high positive - This means a ton of call buying, which means a lot of puts are now worthless (see a) but also a lot of calls are now worth more. This means that to stay delta neutral, market makers need to close out their sold/shorted shares AND also buy more shares to cover their calls, pushing the stock price up. 2) Stock Meets/Misses Market Expectations (aka price goes down)- Inversely to what I mentioned above, this should push to the stock price down, fairly immediately. If there's a high absolute value of NOPE on said ticker, this should end up magnifying the negative move since: a) If NOPE is high negative - This means a ton of put buying, which means a lot of those puts are now worth more, and a lot of calls are now worth less/worth less (due to price decoherence). This means that to stay delta neutral, market makers need to sell/short more shares, pushing the stock price down. b) If NOPE is high positive - This means a ton of call buying, which means a lot of calls are now worthless (see a) but also a lot of puts are now worth more. This means that to stay delta neutral, market makers need to sell even more shares to keep their calls and puts neutral, pushing the stock price down. --- Based on the above two cases, it should be a bit more clear why NOPE is a measure of sensitivity to system perturbation. While we previously discussed it in the context of magnifying directional move, the truth is it also provides a directional bias to our "random" walk. This is because given a price move in the direction predicted by NOPE, we expect it to be magnified, especially in situations of price decoherence. If a stock price goes up right after an ER report drops, even based on one participant deciding to value the stock higher, this provides a runaway reaction which boosts the stock price (due to hedging factors as well as other participants' behavior) and inures it to drops.
NOPE and NOPE_MAD
I'm going to gloss over this section because this is more statistical methods than anything interesting. In general, if you have enough data, I recommend using NOPE_MAD over NOPE. While NOPE in theory represents a "real" quantity (net option delta over net share delta), NOPE_MAD (the median absolute deviation of NOPE) does not. NOPE_MAD simply answecompare the following:
How exceptional is today's NOPE versus historic baseline (30 days prior)?
How do I compare two tickers' NOPEs effectively (since some tickers, like TSLA, have a baseline positive NOPE, because Elon memes)? In the initial stages, we used just a straight numerical threshold (let's say NOPE >= 20), but that quickly broke down. NOPE_MAD aims to detect anomalies, because anomalies in general give you tendies.
I might add the formula later in Mathenese, but simply put, to find NOPE_MAD you do the following:
Calculate today's NOPE score (this can be done end of day or intraday, with the true value being EOD of course)
Calculate the end of day NOPE scores on the ticker for the previous 30 trading days
Compute the median of the previous 30 trading days' NOPEs
Find today's deviation as compared to the MAD calculated by: [(today's NOPE) - (median NOPE of last 30 days)] / (median absolute deviation of last 30 days)
This is usually reported as sigma (σ), and has a few interesting properties:
The mean of NOPE_MAD for any ticker is almost exactly 0.
[Lily's Speculation's Speculation] NOPE_MAD acts like a spring, and has a tendency to reverse direction as a function of its magnitude. No proof on this yet, but exploring it!
Using the NOPE to predict ER
So the last section was a lot of words and theory, and a lot of what I'm mentioning here is empirically derived (aka I've tested it out, versus just blabbered). In general, the following holds true:
3 sigma NOPE_MAD tends to be "the threshold": For very low NOPE_MAD magnitudes (+- 1 sigma), it's effectively just noise, and directionality prediction is low, if not non-existent. It's not exactly like 3 sigma is a play and 2.9 sigma is not a play; NOPE_MAD accuracy increases as NOPE_MAD magnitude (either positive or negative) increases.
NOPE_MAD is only useful on highly optioned tickers: In general, I introduce another parameter for sifting through "candidate" ERs to play: option volume * 100/share volume. When this ends up over let's say 0.4, NOPE_MAD provides a fairly good window into predicting earnings behavior.
NOPE_MAD only predicts during the after-market/pre-market session: I also have no idea if this is true, but my hunch is that next day behavior is mostly random and driven by market movement versus earnings behavior. NOPE_MAD for now only predicts direction of price movements right between the release of the ER report (AH or PM) and the ending of that market session. This is why in general I recommend playing shares, not options for ER (since you can sell during the AH/PM).
NOPE_MAD only predicts direction of price movement: This isn't exactly true, but it's all I feel comfortable stating given the data I have. On observation of ~2700 data points of ER-ticker events since Mar 2019 (SPY 500), I only so far feel comfortable predicting whether stock price goes up (>0 percent difference) or down (<0 price difference). This is +1 for why I usually play with shares.
Some statistics: #0) As a baseline/null hypothesis, after ER on the SPY500 since Mar 2019, 50-51% price movements in the AH/PM are positive (>0) and ~46-47% are negative (<0). #1) For NOPE_MAD >= +3 sigma, roughly 68% of price movements are positive after earnings. #2) For NOPE_MAD <= -3 sigma, roughly 29% of price movements are positive after earnings. #3) When using a logistic model of only data including NOPE_MAD >= +3 sigma or NOPE_MAD <= -3 sigma, and option/share vol >= 0.4 (around 25% of all ERs observed), I was able to achieve 78% predictive accuracy on direction.
Like all models, NOPE is wrong, but perhaps useful. It's also fairly new (I started working on it around early August 2020), and in fact, my initial hypothesis was exactly incorrect (I thought the opposite would happen, actually). Similarly, as commenters have pointed out, the timeline of data I'm using is fairly compressed (since Mar 2019), and trends and models do change. In fact, I've noticed significantly lower accuracy since the coronavirus recession (when I measured it in early September), but I attribute this mostly to a smaller date range, more market volatility, and honestly, dumber option traders (~65% accuracy versus nearly 80%). My advice so far if you do play ER with the NOPE method is to use it as following:
Buy/short shares approximately right when the market closes before ER. Ideally even buying it right before the earnings report drops in the AH session is not a bad idea if you can.
Sell/buy to close said shares at the first sign of major weakness (e.g. if the NOPE predicted outcome is incorrect).
Sell/buy to close shares even if it is correct ideally before conference call, or by the end of the after-market/pre-market session.
Only play tickers with high NOPE as well as high option/share vol.
--- In my next post, which may be in a few days, I'll talk about potential use cases for SPY and intraday trends, but I wanted to make sure this wasn't like 7000 words by itself. Cheers. - Lily
[Fanatical] 25th Anniversary Sale Day 4 (Includes GUILTY GEAR XX ACCENT CORE PLUS R (-81%), Learn Japanese to Survive Complete Pack (-93%), F1 2020 Deluxe Schumacher Edition (-50%), Space Crew (-20%), Human: Fall Flat 4 Pack (-79%), BlazBlue: Cross Tag Battle - Basic Edition (-53%) & More)
Hi Reddit, Day 4 of our 25th Anniversary celebration brings more games and DLC on sale! Join our party and enjoy big savings today. Plus, with every basket over $4.99 you will get to spin to win with huge prizes to be won. Including spending sprees, free games and PC gaming accessories. You can find more information about this in our blog post. You can also learn all about Focus Multimedia’s history with this overview of the company. TOP DEALS OF DAY 4
It wouldn’t be a big event without Killer! Slay that lockdown boredom and grab nine impressive Steam PC games in the brand-new, exclusive Killer Bundle 14! You will also get a spin of the wheel for a chance to get incredible prizes with every $4.99 purchase. You can check out the Reddit Thread here
I'm reading every Hugo, Nebula, Locus, and World Fantasy Award winner. Here's my reviews of the up to 1980 (Vol 4)
It is that time once more, folks. Links to previous posts at the end, links to full length blog reviews are all in one comment. Man Plus by Frederik Pohl
Plot: A normal human could not survive on Mars... our only option? Cyborgs!
Page Count: 183
Award: 1976 Nebula
Worth a read: No... but consider it for a laugh.
Primary Driver: (?????????)
Bechdel Test: Pass... but a real weak pass.
Review: Imagine if you took subplots from a trashy romance, a political thriller, a horror flick, and a space travel story... and forgot to put in the main plot. Starts decently, spirals wildly out of control with astounding speed. Almost worth reading to experience the hilarious concluding deus ex machina. This one is probably in the "so bad it's good category" - but sweet skittles is it bad. Also, turn on safe search if you look this book up.
Where Late the Sweet Birds Sang by Kate Wilhelm
Plot: After a pandemic causes infertility (and every other apocalypse hits), the only way for humans to survive is through cloning. But are they really human?
Page Count: 251
Award: 1977 Hugo and 1977 Locus
Worth a read: No
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Review: Disappointing and disjointed. There are a lot of messages here that just get blended together to nothingness. Cumbersome writing, uncompelling characters, bland dystopia, and just a dull story. Odd choices on where to discuss science at length and where to just skip over it. First third was its own story originally, and is the best part.
Doctor Rat by William Kotzwinkle
Plot: There is no joy like dying to advance science, at least according to Doctor Rat.
Page Count: 243
Award: 1977 World Fantasy Award
Worth a read: No... but worth a glance at a chapter or two.
Primary Driver: (Plot, World, or Character)
Bechdel Test: N/A
Technobabble: Frequent descriptions of animal experiments.
Review: This book is truly horrifying to read. It's about the gruesome nature of animal testing - and cruelty to animals in general - and is chock full of graphic animal gore. It's the child of The Jungle and Animal Farm but without subtext. Consider checking it out to read a couple of chapters - the grotesque fascination wears thin. Some might consider the unambiguous use of Nazi imagery for animal testing to be a step or three too far.
Gateway by Frederik Pohl
Plot: The Heechee left behind technology so advanced that we cannot understand it; that doesn't stop us from using it to get rich or die trying.
Page Count: 313
Award: 1977 Nebula, 1978 Hugo, and 1978 Locus SF
Worth a read: Yes. Very yes.
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Review: Really good. Cleverly bounces between the story as it unfolds and therapy sessions afterwards - we know that our hero survives, but something terrible has happened. A bit too Freudian. Still, excellent job of making a complex protagonist, interesting world, compelling story. Wanting to know what went wrong kept me reading - and it pays off.
The Silmarillion by J. R. R. Tolkien
Plot: Turns out Middle Earth had other jewelry too.
Page Count: 386
Award: 1978 Locus Fantasy Award
Worth a read: Yes.
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Review: This is epic fantasy in its purest form; it is myth and legend, at times obtuse, but absolutely riveting. Tolkien's world is fully immersive. Had the physical book to follow the story, the audiobook for pronunciation, and laptop for family trees. Absolutely worth it - even as a casual LoTR fan.
Our Lady of Darkness by Fritz Leiber
Plot: Something sinister is haunting Franz Westen, and dealing with it involves unearthing answers that might be best left buried.
Page Count: 183
Award: World Fantasy Award 1978
Worth a read: Yes
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Review: This is a horror story. Atmosphere is excellent. Book begins with some truly unsettling images and world building. The narrative itself is slow and frequently self-indulgent, but atmosphere stays on point. A qualified recommendation; but some scenes from this will stick with me for quite a while.
Dreamsnake by Vonda N. McIntyre
Plot: Long after the end of the world as we know it, Snake wanders the world, healing those she meets to the best of her abilities.
Page Count: 288
Award: 1978 Nebula, 1979 Hugo, and 1979 Locus
Worth a read: Yes
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Technobabble: Minimal to moderate.
Review: Less-is-more world building with good execution. A lot of interesting tidbits to keep you wondering what the rules are, who the people are, and so on. Story itself can be slow and stakes are consistently low. "I'm going to a place, surprise! something comes up, I will go to another place along the way." Characters are well written though not particularly complex.
Gloriana, or The Unfulfill'd Queen by Michael Moorcock
Plot: In an alternate timeline, Queen Elizabeth I rules over the vast empire of Albion and must do her best to manage a corrupt and twisted court.
Page Count: 368
Award: 1979 World Fantasy Award
Worth a read: Absolutely No.
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Review: This book is remarkable in that it combines shockingly dull and lengthy exposition with some truly awful and problematic ideas about sex. A whole lot of parallel world court intrigue that just does not matter at all. The actual plot starts developing halfway or later into the book - and is not interesting. The title addressing Gloriana's inability to orgasm is a big ol' red flag. A deeply unpleasant read. Really awful.
The Fountains of Paradise by Arthur C. Clarke
Plot: Humans have built many marvels, but nothing can compete with a space elevator.
Page Count: 317
Award: 1980 Hugo and 1979 Nebula
Worth a read: Yes
Primary Driver: (Plot, World, or Character)
Bechdel Test: Fail
Review: Overall enjoyable. Main narrative is about the space elevator, secondary is about an equally ambitious ancient building project - woven together in interesting ways. The science and vision offered are interesting, though characters are not and tension is infrequent. Marred somewhat by some truly bizarre (and underdeveloped) side plots and unnecessary epilogue.
The Riddle-Master Trilogy by Patricia A. McKillip
Plot: All the wizards left behind were riddles, and the only one who might be able to solve them is the biggest riddle of all.
Page Count: 578 (Full Trilogy)
Award:Harpist in the Wind (Book 3): 1980 Locus Fantasy
Worth a read: Yes
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Technobabble: Fantasy Babble: Minimal.
Review: It's an epic fantasy trilogy. It's a good one. Kinda loved it. Heroes and villains are complex, magic is interesting and coherent. Excellent characters. Cool development of powers, though it is far more power sprint than power crawl. Pacing can be odd; a few long pauses followed by frenetic scenes. Very well written. A satisfying read.
Watchtower by Elizabeth A. Lynn
Plot: The Southerners picked the wrong keep to invade; Ryke will do everything he can to get it back.
Page Count: 240
Award: World Fantasy Award 1980
Worth a read: No
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Technobabble: Fantasy Babble: Minimal.
Review: The sweet, sweet taste of subpar writing. World building: "You people from the hot South are not used to how cold it is here up North!" Character Development: "You mean... I don't just need to indiscriminately murder people?!" and "You mean... women can fight too?!" Writing Quality (Verbatim): "He thought it might have ben a room in Tornor. The room was hot. He went to the window to open the shutters. They stuck. He had to force the latch. At last one opened."
Titan by John Varley
Plot: The intrepid crew of the Ringmaster crash in alien territory and must figure out how to survive.
Page Count: 309
Award: 1980 Locus SF
Worth a read: No
Primary Driver: (Plot, World, or Character)
Bechdel Test: Pass
Technobabble: Minimal to moderate.
Review: It is hard to find such a dumb book that takes itself so seriously. Some legitimately interesting exploration bits not enough to redeem this one. Extremely juvenile. Raises interesting questions and offers insultingly insipid answers. There are elements that are quite good - particularly some crisp dialogue - but it's just not worth it.
Any questions or comments? Fire away! A truly massive thank you to u/gremdelfor mailing me a bunch of books! People like you are what make this endeavor worth the effort. I’ve been using this spreadsheet, as well as a couple others that kind Redditors have sent. So a huge thanks to u/velzerat and u/BaltSHOWPLACE At the request of a number of you, I’ve written up extended reviews of everything and made a blog for them. I’ve included the links with the posts for individual books. I try to put up new reviews as fast as I read them. Take a look in the comments for that link! The Bechdel Test is a simple question: do two named female characters converse about something other than a man. Whether or not a book passes is not a condemnation so much as an observation; it provides an easy binary marker. Seems like a good way to see how writing has evolved over the years. At the suggestion of some folks, I’m loosening it to non-male identified characters to better capture some of the ways that science fiction tackles sex and gender. For a better explanation of why it’s useful, check out this comment from u/Gemmabeta
Technically, all binary options brokers will claim to be regulated. But only some have regulatory standards that are worth your time. Are Binary Options Gambling? Not really, although there has been some discussion along regulatory boards about whether or not this is true. The reason for the confusion is that binary options are structured similarly to bets on other “win/lose” scenarios. At ... Binary Options Reviews provides you the Best Binary Options Brokers reviews like Iqoption, Empire option, 24Option, Option Robot and lots more. All those inquiries are answered with the Binary Options Reviews, for those looking to purchase this effort, obviously. The recognition of binary choices investing companies is continuing to grow recently for all reasons. BINARY OPTIONS REVIEWS - WHAT'S NEW IN 2019? WHERE AND HOW TO TRADE BINARY OPTIONS, FX OPTIONS, SMART OPTIONS & CRYPTO in 2019? There have been a lot of changes in the binary options trading industry in the last few years. Many brokers with low liquidity or shady practices were swiped of the scene and we now have more flexible and potentially more profitable online trading opportunities. Let's ... Binary Options are so popular because they are so easy to understand and you can make a lot of money in a short time. My advice to you: It is very important to choose a good broker. Some small brokers are scamming users, that’s why a lot of people think Binary Options are a scam. Definitely, it is not a scam if you trade with a safe company. Binary Options (Wikipedia link) have pros and cons but what is more important to find a good Binary Options Broker. With more than 7 years of experience in the financial markets, we exactly know how to spot a reputable trading platform. Inform yourself about the 6 best brokers and their characteristics. Should you invest your money with Binary Options? – Find it out. As a result of this heavy competition many beginner traders often turn to binary options brokers reviews to help them select the right broker for them. These reviews will detail the services and background of the brokers. But in order to truly benefit from our reviews, it is important to understand how we compile them. To give our readers a helping hand, we have created this guide to explain ...
Check Out This Information: https://bit.ly/3gKOKnc - All about Binary Options Robot Reviews and Automated Trading 2017 When you place a trade with an expirat... Legit Binary Review is an binary options and forex review site. LegitBinaryReview tends to find out the best binary options and forex software and brokers re... Binary options are offered against a fixed expiry time which may be e.g. 5-30 minutes in the future, an hour ahead or at the close of the trading day. They are also an excellent tool to work from ... Try This Out: https://bit.ly/2DBNIf6 - All About Binary Option-robot Reviews - Read Customer Service Upgraded Aug, 2020 1071 Views Today It's not difficult t... We review Binary Options and Forex Trading system and notify new launching trading system, robot and trading apps. Binary options is a part of forex trading.... Binary Options Trading Reviews.If you are interested in trading and selling stocks, you should seriously consider the benefits of the various options trading... Real Binary Options Reviews - Binary Options Trading Video Blog: Trading Strategies, Signals, Systems, Education, Brokers & more ... Are binary options a good idea? If you're thinking about trading binary options, watch this video first. Check out our FREE training for traders https://bi... Click Here For More: https://bit.ly/3ipEdyj - The Facts About All about Binary Options Robot Review - Low - YouTube Revealed Having said that, just as if it ... The road to success through trading IQ option Best Bot Reviews Iq Option 2020 ,We make videos using this softwhere bot which aims to make it easier for you t...