Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Eye on VHC (by TraderHR)

By -

Virnetx Holding (VHC) is in a bullish flag consolidation and could break to the upside. The flag comes after a month-long upmove in October in which the stock more than doubled from its intraday low near 11 on October 3.

We've set a buy stop of 22.55, above which the stock would confirm a breakout of the flag and continuation of the trend, with a target at 24.02 and then 25.46.

VHC-Daily
Originally published on TraderHR.com.

Hedging Update — Commodity ETFs

By -

Commodity ETF Update

Hey fellow Slopers,

A number that stood out when compiling the data for this post was the current cost of hedging the first gold ETF, GLD. Back in August, the cost of hedging it against a greater-than-20% drop over approximately the next 7 months was less than 0.95%; as of Monday, it was nearly 2.5%. The table below shows that, as well as the costs, as of Monday's close, of hedging several other commodity ETFs against greater-than-20% declines over the next several months, using optimal puts.

Comparisons

For the individual oil ETFs, I added the PowersShares DB Energy ETF (DBE) as a comparison, and for the individual agricultural commodity ETFs I added PowerShares DB Agriculture (DBA) as a comparison. First, a reminder about what optimal puts are, and why I've used 20% as a decline threshold; then, a screen capture showing the current optimal puts to hedge the comparison agricultural commodity ETF, DBA. 

(more…)

Do NOT follow this link or you will be banned from the site!