I run a pretty large NBA blog, that gets crazy traffic. We decided to spend energy and time moderating comments. Basically we go by "don't be an asshole", and while it's onerous, the community that has sprung up around it is incredible. We have people who've been commenting since 2007, and it was worth it if you have the time to spare. My $0.02
This. Comments, community, and moderation can work wonderfully at a certain (Goldilocks, aka "mid-") scale. Smaller (unless you're deep in some true nano-niche), and it's a load of work for little gain. Much larger, and...yuck.
They get 40 minutes a day (mon-thur) of tv that they watch together.
On Friday and Sunday, we have family movie night. Age appropriate, which is getting harder.
2 hours a week of games (mostly switch, but they sometimes play minecraft or approved games on mobile devices). This happens over Sat/Sun, and we let them manage how they want to allocate time over the two days.
One observation is that after they play video games, they get agitated and angry afterwards, and it ruins the next hour or two of activities as they act like little assholes.
They do have access to Spotify to listen to music (content controls are turned on), but if we notice that they are watching the videos and not "listening" the phones turn off.
The one area where it gets dicey is my 9 year old is learning how to code, so managing that screen time is weird (is it like watching tv/playing games?). I dunno, but I generally don't say anything as this is his best use of devices during the week.
> One observation is that after they play video games, they get agitated and angry afterwards, and it ruins the next hour or two of activities as they act like little assholes.
Two hours isn't a long time to make any progress on a game, especially if they start playing strategy games like Age of Empire where 1 hour games are the norm. It must be very frustrating for them to stop for arbitrary reasons (the $EVIL_SCREEN can't be used for more than $TIME) when they know their schoolwork is done and friends are still online.
> The one area where it gets dicey is my 9 year old is learning how to code, so managing that screen time is weird (is it like watching tv/playing games?)
It might feel like a game to him. Remember reading books? Assigned reading took the fun out of reading since the selection was imposed and you knew you were goign to be quized on it. But especially if it's unstructured and there's no assignment, he may think programming is a weird sandbox/logic game.
Woah, these limits are just... brutal. Like excruciatingly low.
Depends on this kids, obviously, but we let ours to stay on pads/computers for (pretty much) as long as they want IF all homework's done, they make occasional breaks, do other things (like read books) and they don't get zombified in process and can quit on a short notice.
No Tiktok, IG or any other doomscrollers. We had a chat about them, they know the party policy, so it's not really enforced, but they don't really crave these either.
Age-restricted stuff tends to sort itself out, but we track what they play. Again, it's all based on the party policy rather than enforcement and we have gentlemen's agreement that they ask if we may consider some game off limits.
Been like that for several years. One is a teenager now, another is on the way. So far so good.
I truly hate it. The only saving grace to all of this is that both my boys read at least an hour a day. hopefully it all balances out, but we will have a strict no social media rule until they get to the teenagers that we can't manage anymore.
Worked for a startup in 2000 which Sun Microsystems bought. My options get switched to Sun options, and had a strike price higher than the value of the shares. Right before the options were set to expire, I got a call from someone at Solomon Smith Barney (remember that) who was like "I know the answer is no, but do you want to exercise these?" lol
That job, and especially my time at Sun, super kickstarted my career (I really valued my time at Sun), so I wasn't bitter at all.
A stock option is a contract that entitles the holder of the option to either buy or sell stock at a price specified at the time of the contracts creation (this is the “strike price”). The price can be anything. The value of the option is, very roughly speaking, the difference between the current price (“spot price”) and the strike price. The action of using your contract to actually do the buying or selling of shares is called “exercising” the option, and it “uses up” the contract. Each contract is for 100 shares (a “round lot”). When exercising your option and then buying or selling the shares immediately at the strike price would make you money, the option is said to be “in the money”. If not, the option is “out of the money”.
The parent comment is noting that their options are out of the money, so they’re worthless. No point in exercising.
Options are highly complicated financial instrument though, so this is a very rough explanation. This is not financial advice.
Options aren’t stocks. They are an option to buy the stocks. Exercising your options means buying the stocks. They options contract has a price for stocks set up front. Ideally the price of the stock has risen over time so when you exercise the option to buy the stocks, you are buying the stocks at a lower price than their current market value. Thus you make money.
A stock option is an agreement for the right to buy a stock at a particular price. When you exercise the option, you take them up on that agreement and actually exchange the dollars for the stock.
