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.

Unusual Put Activity In XHB (SPDR Homebuilders)

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My options scanner has picked up unusual put activity in XHB. Take a look below and you will see that there already is a sweet setup with a large put open interest compared to the call open interest. However, what really stands out is that there was 37061 near strike put activity for a near put open interest of 50479. That is a huge potential shift in the near put open interest. (more…)

Morning Three-Peat?

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Good morning, Slopers. I’m back in front of my screen, somewhat bleary-eyed, but all in one piece. I started driving yesterday at 8 in the morning and got home at 2 in the morning. Ugh. So this will be quick. The key thing I’m watching nervously is a repeat of the Bear’s Morning. My hope, naturally, is that we don’t have another idiotic buy-everything-for-no-reason Bull’s Afternoon. It was absurd to watch Thursday and Friday, and it would be vomit-inducing today. In this centrally-planned “market” of ours, it seems the powers that be have reasoned that 1670 to 1688 is the new appropriate range. Perhaps it’ll take the Fed meeting on Wednesday to break us out of it, one way or the other. (more…)